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Matthews Asia hires ex-Invesco Perpetual sales manager for UK push
by Robert St George on Sep 16, 2013 at 09:05
Matthews Asia, an Asia-only fund house based in San Francisco, has appointed a former sales manager from Invesco Perpetual as it expands its business in Europe.
The San Francisco-based Asia fund house has hired Simon Dale as a senior vice president, a newly created role.
Dale, who worked at Invesco Perpetual for 12 years until last December, will be based in London and take responsibility for directing the firm’s business development in the UK and Europe.
‘Matthews Asia’s distinctive product line-up and the firm’s long-term, fundamental approach to investing are ideally suited for European investors’ portfolios,’ commented Dale.
‘Simon’s appointment and the opening of our business development and client service office in London reflects the strategic importance that Matthews Asia places on providing distinctive Asian investment strategies and high-quality service to our partners and investors across the UK and Europe,’ added Jonathan Schuman, head of global business development at Matthews Asia, to whom Dale will report. ‘Being more proximate to our clients is an important part of this long-term initiative.’
The group’s largest fund, the £3.4 billion Matthews Asia Dividend , has generated an average annualised return of 10.7% since its launch in 2006, compared with 2.4% from its benchmark MSCI AC Asia Pacific index.
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