Thursday, 12 May 2022: First Sentier Investors (FSI), a leading global investment manager, today announced the appointment of Ray Cullivan as Head of FSI Ireland. Cullivan is responsible for business strategy implementation, service delivery and regulatory oversight for First Sentier in Ireland, which provides investment solutions for clients in the European Union.
First Sentier established its Ireland office in 2019 to maintain and grow its European client base from a jurisdiction with a reputation for market and product innovation, within the EU regulatory environment. This ensures First Sentier’s products and services in Europe continue to meet relevant standards while providing its clients in the EU, including those served from its branches in France and Germany, with access to its range of investment strategies.
Gary Cotton, Managing Director, EMEA, said: “Our operations in the EU are an important factor in our continued growth in Europe. Ray’s experience in running an Irish management company within a global asset management firm will be invaluable in ensuring we can adapt to future regulatory and product developments, while continuing to deliver the high service levels we expect for our funds and clients.”
Based in Dublin, Cullivan joined First Sentier on 3 May, and replaces Adrian Hilderly, who is retiring later this month. He will also join the First Sentier Investors Ireland Management Company Board (subject to regulatory approvals).
Cullivan joins from GAM, where he was most recently Head of GAM in Ireland, and a member of the group’s senior leadership team. He was responsible for ensuring the operation of the Irish management company was aligned with the overall group strategy and local industry and regulatory requirements. He also led the group’s global operations and fund oversight function, which provides the operational platform for their investment management and third-party fund management company businesses.
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About First Sentier Investors
First Sentier Investors manages more than £132.3 billion (€156.5 billion) in assets (as at 31 March 2022) 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. First Sentier Investors is a signatory to the UK Stewardship Code.
Formerly known as First State Investments, 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.
For more information, visit www.firstsentierinvestors.com
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