First State Investments, the investment management business of the Commonwealth Bank of Australia, has appointed an additional Portfolio Manager to the Multi-Asset Solutions team in Singapore.
Based in Singapore Kelley Foo will become a key member of the global Multi-Asset Solutions team which has members based in Singapore, Australia and London, First State Investments (FSI) said in a note to finews.asia.
Foo, who holds more than a decade of experience in the industry, joins First State from Nuvest Capital where she was a Portfolio Manager responsible for managing multi-asset mandates and funds.
Managing Strategies
Prior to this Foo worked with UOB Asset Management covering research and managing multi-asset funds.
In the new role she will be responsible for implementing and managing First State’s multi-asset fund and strategies in Asia, in addition to contributing to research and ongoing enhancements of the team-based investment process.
Business Growth
Foo will report directly to the Head of Multi-Asset Solutions, Epco van de Lende, she will also be working closely with regional business development teams to assist clients with their long-term investment strategies and other investment-related issues.
«This appointment reflects First State’s continued commitment to deepening and enhancing the range of multi-asset strategies we offer to clients. Globally, we see a strong growth in appetite for objective-based, target return investment strategies, particularly in Asia, as investors continue to search for enhanced returns amidst increasing market volatility,» commented van de Lende.
FSI, known as Colonial First State Global Asset Management in Australia, is the investment management business of the Commonwealth Bank of Australia.
