First State Investments Appoints Harry Moore as Head of Global Distribution

NEW YORK, June 4, 2020 /PRNewswire/ -- First State Investments, a leading global asset manager, today announced the appointment of veteran investment executive Harry Moore to the newly created role of global head of distribution, based in London.

Moore, previously managing director, Australia, New Zealand and Japan, has assumed the leadership of this new global function to support First State's growth. Moore, who continues to report to First State CEO Mark Steinberg, will oversee and coordinate the distribution activities of the firm's range of traditional and alternative asset classes and specialist investment sectors.

Moore has been with First State Investments for a decade and has more than 20 years of distribution and investor experience. In recent years, he has successfully led the firm's distribution teams in Australia, New Zealand and Japan, comprising US$69 billion of the firm's US$123 billion in assets under management as of March 31, 2020. Now, his focus will be working more broadly with the firm's regional teams and strengthening global relationships.

"While each region has its differences, there are benefits to a global client relationship and sales approach," Moore said. "Through the support of a strong, experienced team of sales professionals, a global approach will help us better understand and communicate themes in each region that may impact other areas."

Bachar Beaini, managing director, Americas, retains responsibility for distribution in his region, working closely with Moore who will oversee distribution teams in all regions.

Moore will be relocating to London in the second half of 2020, subject to COVID-19 restrictions.

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About First State Investments:

First State Investments are stewards of over US$123.0 billion (as of March 31, 2020) in assets managed on behalf of a client base that extends across Asia, Australasia, Europe and North America.

With expertise across a range of asset classes and specialist investment sectors, our approach to investment is driven by a commitment to provide the best possible outcomes over the long term for our investors.

To achieve this, we ensure our interests are aligned with our investors and uphold a culture of consistently acting in our clients' best interests.

In Australia, First State operates as First Sentier Investors, having rebranded from Colonial First State Global Asset Management on Sept. 16, 2019. First State operates as a standalone business owned and overseen by the Mitsubishi UFJ Trust and Banking Corporation (MUTB), a wholly -owned subsidiary of Mitsubishi UFJ Financial Group, Inc.

Important Information

In the UK, issued by First State Investments (UK) Limited, which is authorised and regulated by the Financial Conduct Authority (registration number 143359). Registered office Finsbury Circus House, 15 Finsbury Circus, London, EC2M 7EB number 2294743. Outside the UK, issued by First State Investments International Limited which is authorised and regulated in the UK by the Financial Conduct Authority (registered number 122512). Registered office: 23 St. Andrew Square, Edinburgh, EH2 1BB number SCO79063.

First State Investments entities referred to in this document are part of First Sentier Investors, a member of MUFG, a global financial group. First Sentier Investors includes a number of entities in different jurisdictions, operating in Australia as First Sentier Investors and as First State Investments elsewhere. MUFG and its subsidiaries do not guarantee the performance of any investment or entity referred to in this document or the repayment of capital. Any investments referred to are not deposits or other liabilities of MUFG or its subsidiaries and are subject to investment risk including loss of income and capital invested.

The First State Investments logo is a trademark of the Commonwealth Bank of Australia or an affiliate thereof and is used by FSI under license.

Copyright © (2020) First Sentier Investors
All rights reserved.

SOURCE First State Investments