First State strengthens Asia business development team

28 April 2014   Category: News, Asia, Hong Kong, Singapore   By Asia Asset Management

First State Investments has announced the senior appointments of two newly-created roles within its Asia institutional business development team.

Vivian Tang has been appointed director, institutional business, North Asia. Reporting to Alexis Ng, managing director, Southeast Asia and head of distribution, Asia. Ms. Tang is based in Hong Kong and will be responsible for developing relationships with institutional asset owners and asset consultants in Hong Kong and North Asia.

Ms. Tang joins First State from Credit Suisse Asset Management where she was director, distribution working with asset consultants, pension schemes, central banks, endowments and insurance. Prior to this, she held portfolio specialist and product management positions in Invesco and Credit Suisse.

Lauren Prendiville has been appointed director, institutional business, Southeast Asia. Ms. Prendiville is based in Singapore and will be responsible for developing relationships with institutional investors and asset consultants in Singapore and Southeast Asia and will also report to Alexis Ng.

Ms. Prendiville has over 14 years of asset management experience with Goldman Sachs, Morgan Stanley and Investec working with different client segments including pension schemes, central banks, endowments and private clients.

Commenting on these appointments, Ms. Ng said: “I am delighted that we have been able to attract two high calibre professionals to our global business. Lauren and Vivian join the firm with a wealth of experience within the asset management industry. These hires build upon our continuing efforts to broaden and deepen our coverage of institutional asset owners and asset consultants in Asia.”

First State Investments manages more than US$156.9 billion across a diverse range of asset classes.