Batman - Asia School of Business

Asia School of Business will host the ASBhive FINVERSE Hackathon during MyFintech Week 2025 – Malaysia’s premier fintech event, where finance intersects with innovation. This esteemed event will be held from August 4 to 7, 2025, at Sasana Kijang, Bank Negara Malaysia.

As the coordinator of the FiNVERSE Hackathon, ASBhive will host its physical finale during this event. Additionally, Anella Munro will conduct a Masterclass session on Cross-Border Payments: Landscape Overview & Industry Innovation.

Anella is a Professor of Economics with a PhD in Economics from the University of Oxford. Her areas of specialization include International Macroeconomics, Macroprudential Policy, Asset Pricing, Monetary Policy, and International Finance.

MyFintech Week 2025 is an invitation-only event and is claimable by HRDCorp.For participation inquiries, please contact Redza at redza.ridzuan@asb.edu.my

ASBhive is a hub for Malaysia´s entrepreneurial ecosystem, managed by the Innovation and Entrepreneurship Center (IEC) at the Asia School of Business.

May 21, 2025

In this episode of MAM Admissions Unplugged, we sit down with current SOM students who are also parents to hear their honest experiences navigating life at Yale SOM. From managing academics and extracurriculars to finding support in the Yale and New Haven communities, our guests share practical advice, personal stories, and what they wish they knew before arriving. This episode offers valuable insight and guidance for prospective and incoming students on balancing parenthood and graduate school.

Originally published by Yale School of Management.

June 6, 2025

Vlad Gaylun ’25, a graduate of the MAM program, participated in a weekend-long competition that connected Yale students to local leaders in quantum computing.

As the sun rose over Yale University on a Sunday morning in April, our team felt nervous, exhausted, and excited. After a long weekend with no sleep and lots of problem-solving, we were thrilled to hear our names called as winners at the YQuantum 2025 hackathon, where we secured third place in the Grand Prize category among nearly 80 teams from around the world. It was a moment of joy, pride, and validation for the effort we had all put in.

YQuantum is Yale’s annual quantum computing hackathon, a weekend-long event that brings together students, researchers, and professionals to solve real-world challenges using quantum computing, a branch of computer science that uses the principles of quantum physics to address complex problems. This year’s event saw 700 registrants from 29 countries and 104 universities. Teams of three to five students picked one of nine sponsored challenge tracks—three “advancement” tracks that pushed quantum algorithms forward and six “application” tracks tackling real-world problems, such as insurance risk or wildfire response—and then sprinted through a 24-hour build window before capping it all with a short demo to a panel of industry judges. It was fast-paced, collaborative, and full of creative energy.

I entered the competition to explore how quantum computing can be applied in the business world, especially in finance and risk management. Before arriving at Yale SOM, I spent a transformative year at the Asia School of Business in Kuala Lumpur, where the action-learning culture taught me to dive head-first into messy, high-stakes projects. That same roll-up-your-sleeves mindset made a quantum hackathon feel like home. As a SOM student with a strong interest in emerging technologies, I wanted to go beyond the classroom and apply what I’d been learning in a real-world setting. Fresh from Professor Steven Girvin’s mind-bending course Quantum Information Processing and Communication, I was ready to put those insights to the test.

Our challenge, sponsored by The Hartford and Capgemini, asked us to address a practical question: How can quantum computing reduce risk in large, tightly correlated insurance portfolios? Classical optimizers struggle with this combinatorial complexity. Although today’s quantum hardware still has limited qubits and noisy operations—and real-world insurance datasets tend to be large and messy—we found a path forward. By combining smarter algorithms with strategic problem partitioning, we demonstrated that near-term quantum resources can already deliver tangible value to insurance risk management. By working around current limitations, we were able to showcase how quantum computing can already start delivering business value, especially in fields like insurance where risk and complexity go hand-in-hand.

Through whirlwind networking sessions organized by the hackathon, I formed a team with undergraduate students from several universities: Jesse Webb of Louisiana Tech University; Jesse Dance of Purdue University; Marlon Jost of Northeastern University; and Andrew Maciejunes of Old Dominion University. A few message exchanges and a late-night Zoom call convinced us we had the right mix of expertise, strategy, and business savvy to succeed in the competition. I contributed by keeping our workflow moving, brainstorming solutions, helping bridge technical ideas with business needs, and “vibe coding” our prototype. We really operated as a unit, constantly building on each other’s thoughts.

The hackathon’s greatest dividend wasn’t the trophy—it was the relationships forged in that whirlwind weekend. YQuantum Hackathon founder Pranet Sharma and Yale Quantum Institute managing director Florian Carle set the tone, curating an environment where experimentation felt effortless. Conversations with the teams at leading companies in the field, including Rigetti, QuEra, and QuantumCT, turned abstract ideas into a shared roadmap for what near-term quantum can achieve. The weekend including mentoring from experts from Capgemini and The Hartford, and I left every session feeling challenged and championed. Their questions sharpened our thinking, and the connections we made are the real prize I’m taking forward.

Looking back, I can see how this experience pulled together everything I’ve been learning at SOM. An event that connects physics, business, and technology in one fast-moving challenge is a great example of Yale’s cross-disciplinary approach in action. The hackathon helped me grow as a problem-solver and opened my eyes to new directions I might want to explore. If you’re a current or future SOM student interested in tech, finance, or anything cutting-edge, I highly recommend jumping into something like YQuantum. You don’t need to be an expert—just curious, open, and ready to learn from others.

Originally published by Yale School of Management.

Kuala Lumpur, May 19, 2025 – The Asia School of Business has announced new roles for Professor Sanjay Sarma as he steps off as CEO, President, and Dean of the School with his return to Massachusetts Institute of Technology (MIT) after two years helming the School. Professor Sarma will remain closely involved in the School’s endeavors ahead, as Eminent Visiting Professor and a member of the School’s Board of Governors.

A respected academic, innovator, and entrepreneur, Professor Sarma led key changes at the School, inspired by his vision to transform education for the future. He introduced Agile Continuous Education (ACE) to provide modular, flexible and stackable learning pathways for lifelong learning and to upskill in a range of business topics with rich AI immersions. ACE is built around a suite of stackable micro-credentials, offering professionals multiple pathways to lead and adapt in a fast-changing world — from specialized MicroMasters®Programs in AI, logistics, finance, and supply chains to lateral entry into the School’s distinctive MBA and EMBA programs. While reinventing the Asia School of Business through a post-COVID, post-AI educational transformation, Professor Sarma also shepherded new pedagogical frameworks into the MBA and EMBA programs including Growth Mindset and Integrated Management Lab. Professor Sarma also played a key role in the renewal of the School’s collaboration agreement with MIT Sloan.

Professor Sarma has reflected on the profound impact Malaysia has had on him, expanding his horizons and enriching his appreciation of human culture and history. He believes the Asia School of Business has accomplished something truly extraordinary — becoming the first to boldly pivot its approach in anticipation of a rapidly changing world. “This School has laid the foundation for a future-ready institution that doesn’t just react to disruption, but leads through it,” he shared. “The Asia School of Business is uniquely positioned — world class rigor and techniques applied to the most exciting region in the world: Asia.”

In recalibrating the School’s academic offerings to meet the evolving demands of business education, he leaves an enduring legacy of innovation, agility and boldness to position the Asia School of Business as a leading institution of learning in Asia and beyond. The School expresses its deepest appreciation to Professor Sarma for his visionary leadership, dedication and commitment to shaping the future of education especially in the face of current global shifts in higher education in the age of AI and technology.

About Asia School of Business
The Asia School of Business is a premier global business school located in Kuala Lumpur, Malaysia, established in collaboration with the MIT Sloan School of Management. The Asia School of Business offers innovative post-graduate degree programs, MicroMasters®Programs, executive education, micro-credentials and cutting-edge research. To learn more about Asia School of Business, visit their website at asb.edu.my, or check out their LinkedIn, Instagram and Facebook pages.

Kuala Lumpur, May 19, 2025 – The Asia School of Business has announced the appointment of Joseph Cherian as its Chief Executive Officer, President, Dean, and Distinguished Professor. Professor Cherian was previously Deputy CEO of the School and assumes the role of CEO from Professor Sanjay Sarma, who has taken on a new role on the School’s Board of Governors and returns to the Massachusetts Institute of Technology (MIT) after two years helming Asia School of Business.

As Professor of Finance, he possesses a highly versatile, varied and distinguished international background, spanning academia, global financial markets, and strategic leadership in education. Professor Cherian’s academic career in teaching and researching finance, asset management and portfolio investments includes top global universities including Cornell University, National University of Singapore, and Boston University. Apart from teaching at the Asia School of Business, he most recently served as Visiting Professor of Finance at the Samuel Curtis Johnson Graduate School of Management, SC Johnson College of Business, Cornell University. He was formerly an Executive-in-Residence and a two-term member of the Johnson Dean’s Advisory Council at Cornell University and is now an Emeritus Member of the Council.

Professor Cherian’s professional experience in the financial services sector spanned asset management where he managed US$67 billion in client assets as Global Head and Chief Investment Officer of the Quantitative Strategies Group at Credit Suisse Asset Management. He continues to be involved in the financial industry through advisory roles to governments and think-tanks in the Asia-Pacific region, including Australia, Malaysia, Hong Kong and Singapore, in areas such as venture funds, asset management, pensions and capital market policies and reforms.

As an internal successor to the School’s top role, Professor Cherian’s appointment builds on his international and varied experience combined with his successful steering of the School’s strategic endeavors since joining in 2022. The School remains focused on delivering world-class business education with its unique perspectives from emerging markets and economies.

Professor Cherian holds a BSc in Electrical Engineering from MIT, and MSc and PhD degrees in Finance from Cornell University.

We are super proud of our Deputy CEO, Professor Joseph Cherian, participating in the inaugural roundtable hosted by Singapore’s Minister for Manpower, Dr Tan See Leng, and the Singapore CPF Board.

This international dialogue brought together global pension experts to exchange best practices and insights on shaping sustainable, future-ready retirement systems.

Professor Cherian’s contributions reflect the School’s commitment to thought leadership and our continued efforts to enhance financial resilience and long-term well-being for all.

Originally posted on LinkedIn

At 14, island boy Eizaz Azhar, made a life-changing decision—he walked away from his school with no formal qualifications. What seemed like an unconventional and risky move at the time laid the foundation for an extraordinary journey, culminating in his acceptance into the prestigious Asia School of Business (ASB) MBA program, a collaboration with MIT Sloan School of Management.

Eizaz’s story is a testament to the power of determination, resilience, and of self-belief. His remarkable life thus far is about how one young man challenged societal norms and redefined the trajectory of success for those who dare to think differently.

But it definitely needed all the elements in place to make it happen. Enter ASB, MIT, and a singularly independent thinker into the mix.

An Unconventional Start

Growing up on the beautiful island of Langkawi in the 1980s, Eizaz’s childhood was far from ordinary. Books became his refuge and his gateway to the world. “We didn’t have much, but we had encyclopedias,” he recalls. “Those books were my company, and even today, much of what I know comes from what I learned as a kid.” Encouraged by his tech-savvy father, who taught him DOS at age five, Eizaz developed a passion for technology and curiosity that shaped his entrepreneurial spirit.

Eizaz’s passion for jazz also played a significant role in shaping his identity. He developed a love for the genre during his teenage years. As a saxophonist, he often immersed himself in the improvisational rhythms that echoed his own unconventional journey. “Jazz taught me to think on my feet and embrace unpredictability,” he shares. “It’s a lot like life—you have to be ready to adapt, but there’s always room for creativity.”

About five years after he left the Malaysian school system, at 19, with just RM4,000 in hand, Eizaz started a music studio. He bootstrapped his way to success-repurposing discarded furniture at dumpsites to wiring his own lights, he turned a modest space into a thriving venture that eventually expanded into a music retail and wholesale business. However, Eizaz’s dream didn’t stop there. “I wanted to prove that my business acumen held real value,” he says. “I wanted to validate it with an MBA.”

The Road to ASB

In 2015, Eizaz discovered ASB while scrolling through Facebook. The school’s unconventional candidate track caught his eye. “They were looking for people who had lived extraordinary lives,” he says. “I thought, ‘That’s me!’” Despite lacking formal qualifications—his last academic credential was a UPSR exam—Eizaz decided to apply.

The journey was anything but easy. To meet ASB’s stringent entrance requirements, he had to master calculus, statistics, and economics—subjects he had never encountered. With the help of a friend and about four months of grueling six-hour study sessions, he passed the entrance exam. “I had no idea what calculus was,” he admits. “But I refused to give up. I knew this was my shot.”

Fighting the System

However, another obstacle loomed: government accreditation. Without a diploma or degree, he needed approval from the Malaysian Qualifications Agency (MQA) under the Accredited Prior Experiential Learning (APEL) program. What followed was a bureaucratic maze that tested his resolve.

Despite initial rejections, he leveraged his network and the support of mentors like Toh Puan Dr Aishah Ong and Dato’ Idris Abdullah. Their encouragement kept him going, and eventually, he secured the necessary accreditation. “I fought not just for myself but for everyone who might come after me,” he says. “I wanted to prove that if you have the ability, you deserve the opportunity.”

Transformative Years at ASB

In 2016, Eizaz joined ASB’s inaugural MBA cohort. He likened the experience to “a boy in the jungle with a machete, hacking my way through challenges,” – an intense learning curve that provided him with essential tools for business leadership. “ASB structured my thinking, refined my decision-making, and expanded my strategic capabilities. Now, I have an arsenal to handle any situation.”

Beyond classroom learning, ASB exposed him to high-stakes business environments. Eizaz credits the program with teaching him to think rigorously and strategically. From mastering Excel to building complex financial models, the program equipped him with skills he never imagined he’d acquire. “Before ASB, I thought Excel was just Word with tables,” he jokes. “By the end, I was automating financial projections,” he quips.

The experience wasn’t just academic. Eizaz found a community of like-minded driven individuals who pushed him to grow. “ASB is the only alma mater I’ve ever known,” he says. “They gave me a chance when no one else would, and I’ll forever be grateful .”

Beyond the MBA

Post-MBA, Eizaz’s career soared, leveraging his skills to drive impact across industries. As General Manager, Head of Corporate Strategy of the Halal Industry Development Corporation, he applied his ASB-honed skills to navigate the complexities of the halal industry. During the COVID-19 pandemic, he pivoted to supply chain management, leading efforts in selling test kits and personal protective equipment.

Today, Eizaz is a digital consultant for a listed company, spearheading the development of AI data centers in Malaysia—a multimillion-ringgit venture. His career trajectory shows how resilience, adaptability, strategic learning, and execution-focus thinking can propel individuals from unconventional background to leadership roles.

Redefining Success for Future Entrepreneurs

More than just a tale of personal success, Eizaz’s journey challenges traditional notions of success. He serves as an example to aspiring entrepreneurs and professionals seeking to carve their own path. His mission is clear: to inspire others to challenge the status quo, believe in their own potential, and seize the opportunities before them. “I want people to know that there are many ways to achieve your dreams. It’s not about where you start – it’s about how effectively you navigate challenges, leverage opportunities and continuously upskill,” he states.

For business leaders and aspiring entrepreneurs alike, Eizaz Azhar’s journey serves as both inspirations and a strategic blueprint. Proving that resilience, adaptability, and bold decision-making are the cornerstones of impactful leadership.

By Joseph Cherian

So why should Malaysia’s tertiary education system be any different from the more developed world’s? It, too, should be embedded with flexibility. Based on the examples provided below, without delving into financial mathematics, one’s educational experience and value would be enhanced far more than a system without such flexibility. In economics, we refer to this as being on the Pareto efficiency frontier, where resources and opportunities are allocated most efficiently.

Flexibility holds intrinsic value in various aspects of life — careers, investment plans and policymaking. A key reason for this is the uncertainty that surrounds future outcomes. Whether it’s predicting the trajectory of financial markets, the global economy, the exchange rate of the Malaysian ringgit, or even getting into a car accident, our ability to foresee the future is inherently limited.

This unpredictability is evident in the changing demands of the workforce. According to the World Economic Forum, 44% of workers’ core skills will need to change by 2027 due to advances in technology and automation. Meanwhile, the global e-learning market is projected to grow to US$842.64 billion by 2030, highlighting the increasing reliance on flexible, technology-enabled education solutions.

Consider the current unpredictability of global events and their implications for education. In today’s rapidly changing world, traditional systems may no longer suffice. For instance, educational models that rigidly define paths without accommodating individual needs or interests risk leaving many behind.

This is where the concept of flexibility becomes critical in education. Allowing learners to tailor their journeys based on personal or professional goals, or even unforeseen circumstances, enhances the overall value of education. Gap years, modular learning, and asynchronous courses are examples of how education systems can adapt to accommodate diverse needs.

Globally, there is growing recognition of the need for adaptive learning structures. Prestigious institutions have adopted models that allow students to pause their studies, explore interdisciplinary fields, or even take courses remotely. These practices not only enrich the individual learning experience but also contribute to society by fostering creativity, resilience and adaptability among learners.

Take, for example, the emergence of digital and online learning in the last decade. Universities worldwide such as MIT, Cornell University and Yale University have embraced this shift, offering remote learners access to high-quality courses and programs. From engineering in Patagonia to business analytics in Kuala Lumpur, technology has bridged the gap between learners and education, bringing opportunities that were once out of reach.

In Southeast Asia, some educational institutions are adopting flexible upskilling approaches, allowing learners to earn course credits at their own pace and transition into full-time or part-time degree programmes if they choose to pursue a postgraduate degree.

The economic value of flexibility in education extends beyond individual growth. It benefits employers by creating a more adaptable workforce and society by encouraging lifelong learning. According to LinkedIn’s Workplace Learning Report, 94% of employees say they would stay at a company longer if it invested in their learning and development — a testament to the importance of education adapts to evolving career trajectories.

As education systems evolve, the emphasis should remain on quality and accessibility. Agile learning methods, stackable courses, and modular degree options are examples of how institutions can make education more inclusive and relevant. These innovations represent a step toward a future where learning is not just a phase of life but a continuous, adaptive journey.

Educational institutions worldwide are already setting the stage for this transformation. By embracing flexibility, we can create an ecosystem that supports learners at every stage of their journey — and, in doing so, prepare for a future where uncertainty is the only certainty.

The author is Asia School of Business Deputy Chief Executive Officer

Originally published by Business Today.

By Joseph Cherian, Deputy CEO of Asia School of Business

In today’s dynamic economic landscape, small and medium-sized enterprises (SMEs) play a pivotal role in many nations’ economies. They serve as the engines of growth and innovation. As we navigate unprecedented geopolitical and supply chain challenges, such as those arising from the recent global pandemic, it has become increasingly evident that SMEs require robust financial support systems to thrive. With SMEs contributing significantly to the national economic fabric, fostering their resilience demands a coordinated and comprehensive approach.

Singapore provides a good case study with its all-of-government approach to supporting SMEs, epitomized by institutions like Enterprise Singapore (ESG) and the Economic Development Board (EDB). ESG’s multifaceted support, ranging from development grants, upskilling and talent development, productivity enhancements to international networking, sales, and marketing, illustrates the comprehensive manner of assistance provided to its SMEs in order for them to thrive. Moreover, initiatives like EDB’s venture fund (EDBI), which invests in promising SMEs in technology and select high growth industries, demonstrate the government’s commitment to fostering innovation and growth within the SME ecosystem.

During times of crisis, such as the recent global pandemic, the coordinated efforts of these government agencies become paramount. ESG’s role in channeling subsidized bank loans to vetted SMEs showcases the importance of a streamlined and efficient support system. Fragmented or siloed approaches risk diluting the impact of assistance, which may leave SMEs vulnerable to unanticipated economic shocks.

Drawing parallels, the U.S. Small Business Administration (SBA) also offers a plethora of support mechanisms for American SMEs, underscoring the importance of a diverse toolkit. From concessionary loans to counseling, training, upskilling, and networking sessions, the SBA takes a multifaceted approach necessary for SME resilience, especially for minority and women-owned businesses.

Private initiatives like Alignable in the U.S., which fosters online networking among SMEs and functions like a conjoined LinkedIn and Facebook for SMEs, demonstrate the potential of leveraging technology and business-focused social media platforms to enhance collaboration and resource-sharing within the SME community, especially in areas such as information-sharing, continuing education, and thought leadership. Establishing a similar platform in Malaysia can facilitate knowledge exchange and business referrals, fostering a supportive ecosystem for SME growth.

Moreover, capital market solutions, as exemplified by the Securities Commission Malaysia’s five-year roadmap for SMEs, offer these enterprises access to diverse funding mechanisms. These solutions not only stimulate economic growth but also create employment opportunities and enhance market liquidity.

Historically, many SMEs do not have access to local capital markets. They usually rely on government support, concessionary loans and grants, bank financing, or are simply owner-financed. Most government support to SMEs during crises is in the form of loans and debt channeled through the private sector at concessional rates, which eventually have to be repaid.

To mitigate negative economic and social consequences, to save organizational capital, especially organization-specific human capital, alternative financing schemes are necessary. Capital market solutions, particularly those involving tradeable funding vehicles, that partner with both the public and private sectors (PPP) to fund large-scale infrastructure and green projects around the world, and which include a credit enhancement component, are especially useful and illustrative in the current context. This type of financing mechanism is referred to as “Blended Finance.”

The Managed Co-Lending Portfolio Program (MCPP) by the International Finance Corporation (IFC), the World Bank’s investment arm, is a good vehicle structure to replicate in Malaysia for public-private financing of its SMEs. The Managed Co-Lending Portfolio Program (MCPP) is a syndication lending structure with credit enhancement, specifically designed for infrastructure projects. It allows the IFC to co-invest in a diversified portfolio of loans for due-diligence projects, attracting institutional investors from both the public and private sectors. The Swedish government or the IFC de-risks the MCPP portfolio through a first-loss guarantee, a.k.a. credit enhancement. The IFC recently announced the launch of its MCPP One Planet (climate change) facility, which comprises a portfolio of Paris Agreement-aligned emerging market senior loans.

A corresponding example is the IFC/Amundi Green Cornerstone Bond Fund, which channels capital from institutional investors into anchor investments in sustainable bond issuances from corporates and financials in developing countries. Fund proceeds are primarily used to buy green bonds issued by banks in developing countries. Blended Finance in this case helps unlock private capital with the aid of public or MDB capital with the same first-loss warranties via equity participation.

Equity investment can effectively leverage public money. Case in point is the IFC-Amundi structured fund that attracted 16 times as much private investment into the funding vehicle! Good due diligence by a trusted institution coupled with proper credit enhancement from a long-lived sovereign authority could encourage asset owners sitting on trillions of dollars in assets to participate in sustainable finance-related investment vehicles. This is due to the first loss warranties available, which makes the structure akin to investment grade.

Malaysia can draw on its strengths and comparative advantage by considering utilizing credit-enhanced Islamic Blended Finance vehicles for innovative SME financing, which by construction are ESG compliant.

Quasi-equity financing can also emerge as a promising avenue, especially during times of crisis, by offering SMEs an alternative funding mechanism to traditional debt financing. By providing first-loss protection for lenders and enabling flexible repayment structures, quasi-equity schemes mitigate financial risks for SMEs while promoting sustainable growth.

My essay on quasi-equity financing, combined with a simple financial economic model, which first appeared in an article I wrote for the Nomura Journal of Asian Capital Markets in Fall 2021, illustrates that in equilibrium, quasi-equity combined with concessional loans economically dominates a pure concessional loan scheme2.

All the innovative financing schemes for SMEs mentioned here are Pareto-optimal — i.e., at least one party is better off, with no one worse off. These structures:

Free up the bank’s capital for further lending (asset recycling),
Disintermediate and mitigate the risks that risk-averse banks face when approving risk-taking SME entrepreneurs’ loans (risk management),
Improve the credit quality of the funding portfolios such that asset owners like pension funds can now invest in them (credit enhancement).

In conclusion, fostering SME resilience demands a holistic and coordinated approach that encompasses financial assistance, technological innovation, and regulatory support. By emulating successful models and embracing innovative financing mechanisms, we can build a resilient ecosystem that empowers SMEs to thrive in an ever-evolving global economy.

As we look towards the future, it is imperative that the government, financial institutions, and industry stakeholders collaborate to create an enabling environment where SMEs can flourish. By prioritizing SME financial support and fostering a robust, all-encompassing, technology-driven ecosystem of innovation and resilience, Malaysia can pave the way for sustained economic prosperity and inclusive growth.

Originally published by The Exchange Asia.

By Mustabeen Ul Bari and Elsa Satkunasingam*

Study of Malaysian market suggests green stocks outperform in the short term to ESG regulatory changes

Interest in businesses that prioritise governance, environmental, social responsibility and governance or ESG has surged in recent years, driven primarily by consumer demand, regulations, and unprecedented climate shocks. From an investor perspective, there is an expectation that businesses practising ESG would be more prepared to manage climate risks, scarcity of resources, and consumer demand for more eco-friendly products and services.

There is evidence that in the US, investor support for green stocks over brown has surged, driven not by anticipation of higher returns but by increasing concern about climate change.

Originally published by Asia Asset Management.

*Mustabeen Ul Bari is a graduate of the Master of Business Administration programme at the Asia School of Business (ASB) in Kuala Lumpur. Elsa Satkunasingam is a director and senior lecturer in executive education at the school. The authors would like to express their appreciation to Yasmin Ahmad of ASB Executive Education for her research assistance.

Author: Batman