Monday 29 November 2021: Leading global investment manager, First Sentier Investors, today announced the appointment of David Allen to the role of Global Head of Investment Management.
Allen brings with him over 20 years of global asset management experience where he specialised in building investment businesses and leading investment teams.
Prior to this role. Allen spent five years at AMP Capital, most recently as Global CIO, Equities based in London where he led a global team.
David has also previously held senior investment leadership roles at Sarasin & Partners, Fidelity International, and Pioneer Investments. In these roles he has led teams across a wide range of capabilities, including equities, fixed income, multi-asset, ESG, dealing, risk management and operations.
In his role, Allen will lead First Sentier Investors’ investment teams, excluding FSSA Investment Managers and Stewart Investors, and he will contribute to the development and execution of the firm’s corporate strategy. He will also play a key role in commercialising and growing investment capabilities for the business.
First Sentier Investors Chief Executive Officer Mark Steinberg said: “We are pleased to have attracted someone of David’s calibre to the business. He will play an important role in partnering with investment teams to ensure we continue to offer relevant products and strong investment performance for our clients and capitalise on our growth potential across global markets.”
He will also now be responsible and accountable for achieving our gender diversity target for women to represent 40% of our investment management staff by 2033 as part of our public commitment to the Financial Services Council Women in Investment Management Charter.
Allen’s appointment is effective today. He will replace Perry Clausen, who is retiring from the role of Chief Investment Officer in early 2022.
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About First Sentier Investors
First Sentier Investors manages A$247.3 billion (as at 30 Sep 2021) on behalf of institutional investors, pension funds, wholesale distributors, investment platforms, financial advisers and their clients worldwide.
The firm operates as a standalone global investment management business with offices across Europe, the Americas, and Asia Pacific. First Sentier Investors’ expertise spans a range of asset classes and specialist investment sectors focused on delivering sustainable investment success based on responsible investment principles.
Formerly Colonial First State Global Asset Management, the firm was acquired from the Commonwealth Bank of Australia in August 2019 by Mitsubishi UFJ Trust and Banking Corporation, a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc.
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