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June 5, 2020

First State Investments names global distribution head

First State Investments has named Harry Moore as its global head of distribution.

In the new position, which is a newly created one, Moore will manage the distribution activities of traditional and alternative asset classes as well as specialist investment sectors.

He will report to First State CEO Mark Steinberg.

He will operate out of London, where he will move in the second half of this year after the coronavirus restrictions are lifted.

Moore has been working at First State Investments for 10 years, most recently as the managing director for Australia, New Zealand and Japan.

Managing director for Americas Bachar Beaini will continue in the existing role and work alongside Moore.

“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.”

First State is owned by Mitsubishi UFJ Trust and Banking, part of Mitsubishi UFJ Financial Group.

The business trades under the name First Sentier Investors in Australia, rebranding from Colonial First State Global Asset Management.

At the end of March 2020, First State Investments managed more than $123bn.

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