First State opens German office

FrankfurtFirst State Investments International has opened a representative office in Frankfurt am Main as it continues its expansion in continental Europe.

The asset manager has been present in Germany since 2001 with funds available through most large banks.

Mark Lazberger, chief executive officer, said: “Over the coming months, we will focus on developing our existing client relationships and acquiring new institutional clients in Germany, particularly in relation to our emerging markets debt capability.”

David Gaschik joined in April as the sales manager for Germany, reporting to Marc Bishop, sales director, Europe.

Gaschik was previously at UBS Global Asset Management and UBS Wealth Management, Germany, where he held several different positions, including head of wealth management distribution and head of private banking clients.

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