First State signs Taiwan master agent
The firm teams up with Cathay Sice to distribute to retail investors in Taiwan. Separately, its former North Asia head of retail fund distribution Joann Ma joins Income Partners AM.
First State Investments (FSI) has signed Cathay Securities Investment Consulting (Cathay Sice) as its master agent in Taiwan in what it sees as a key first step towards its Asia expansion.
Separately its former head of retail fund distribution for North Asia, Joann Ma, has joined Hong Kong fixed income specialists Income Partners Asset Management as head of business development for Asia.
Ma exited FSI over two years ago, after which First State moved to restructure the role. It …
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