Posted inPeople Moves

First State beefs up Asia institutional team

First State Investments has created two new roles within its Asia institutional business development team.
Fund Selector Asia

Vivian Tang has been appointed director, institutional business for North Asia and   Lauren Prendiville has been appointed director, institutional business for Southeast Asia.

Based in Hong Kong, Tang will be responsible for developing relationships with institutional asset owners and asset consultants in Hong Kong and North Asia. She reports to Alexis Ng, managing director, South East Asia and head of distribution, Asia.

Tang joins First State from Credit Suisse Asset Management where she was director, distribution and she also had stints in portfolio specialist and product management positions in Invesco and Credit Suisse.

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.

She has more than 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.

Alexis Ng, managing director, Southeast Asia and head of distribution, Asia said: “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 $156.9bn in assets and  has offices in Sydney, Melbourne, Auckland, London, Edinburgh, Paris, Frankfurt, New York, Hong Kong, Singapore, Jakarta and Tokyo.

Part of the Mark Allen Group.