Bringing you live news and features since 2006 


First State adds to distribution team


First State Investments has made a number of senior appointments in the firm’s distribution team, designed to support ongoing growth within the EMEA business.

Chris Gower was appointed to the newly created role of head of EMEA consultant relationships. Gower joined First State from HSBC Global Asset Management, where he was the head of European consultant relations. Gower will play an important role in growing First State’s franchise and bringing greater coordination and structure to First State’s dealings with consultants across the region. Gower will report to Kanesh Lakhani, head of distribution for EMEA and global consultant relationships.
Alex Mackenzie Smith, who had been working for First State in a consulting capacity, has been appointed to the newly created position of business development director, Europe. Mackenzie-Smith will be responsible for developing new client relationships in Europe.
Andrew Ward who has been with First State for over a year has been appointed to the newly created position of distribution manager also reporting to Lakhani. Ward will be responsible for coordinating First State’s client engagement across the wholesale and institutional markets.
In addition to these appointments, First State plans to open an office in Dubai in 2014. Ali Karmali has been appointed head of Middle East and Africa and will relocate from London to Dubai. First State currently has several client relationships in the Middle East across a range of asset classes including Asia Pacific/global emerging market equity, Australian equities and direct infrastructure. 
Lakhani says: “Over the past few years we have enjoyed significant growth in our EMEA business. With this expansion and also our growth plans, we felt that it was the right time to expand the team to ensure that we are appropriately servicing our existing clients whilst actively pursuing new opportunities.”

Latest News

BlackRock s iShares an undisputed leader among European ETF issuers pushed further ahead in Q1 with EUR173 billion in trades..
European ETFs raised USD47 8 billion in Q1 a 15 per cent increase compared to the same period in 2023..
LSEG Lipper s March report finds that globally equity ETFs +EUR113 2 billion enjoyed the highest estimated net inflows for..
Morningstar has published a review of the European ETF market for the first quarter 2024 which finds that it gathered..

Related Articles

etf active trading
Latest Morningstar data shows actively managed ETFs share of the US ETF market rose to 8 5 per cent at...
Kristen Mierzwa, FTSE Russell
Index Investments Group IIG a division within index provider FTSE Russell has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023 with an introductory suite of 11 ETFs seven thematic and four fundamental...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by