Country for PR: United States
Contributor: PR Newswire New York
Tuesday, October 11 2022 - 12:57
AsiaNet
Allspring Global Investments Opens Singapore Office And Adds To Intrinsic Emerging Markets Equity Team
SINGAPORE, Oct. 11, 2022 /PRNewswire-AsiaNet/ --

Allspring continues international expansion

Allspring Global Investments (Allspring), a leading independent asset manager 
with more than US$476 billion in assets under management,* today announced the 
appointment of Tan Song Chao (Gary Tan), CFA, as a portfolio manager on the 
Intrinsic Emerging Markets Equity team. Gary will also serve as executive 
director and CEO of Allspring's local entity in Singapore.

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Gary joins Allspring with over 18 years of experience working for global asset 
managers. As part of the Intrinsic Emerging Markets Equity team, Gary will join 
Portfolio Managers Derrick Irwin, Richard Peck and Prashant Paroda and will 
report to Jerry Zhang, senior portfolio manager and head of the Intrinsic 
Emerging Markets Equity team.

In his role as executive director and CEO of the local entity, Allspring Global 
Investments (Singapore) Pte. Ltd., Gary will supervise day-to-day operations 
and work to build the company's presence in this key market.

Gary has extensive experience analysing and investing in companies in Asia and 
emerging markets combined with deep knowledge of the Singapore market. Before 
joining Allspring, Gary was lead portfolio manager for Asia equity strategies 
at Natixis Investment Managers. Before that role, he was a research coordinator 
and lead analyst for Greater China, North Asia and Australia and a global 
emerging markets environmental, social and governance coordinator with Natixis.

"We are delighted to welcome Gary to our team. His experience and background 
will offer additional perspective to our emerging market equities research as 
we seek quality companies at compelling prices. Our team has a disciplined 
focus on companies positioned to offer both potential downside protection and 
the ability to sustain high profitability", said Jerry Zhang.

Andy Sowerby, head of the International Client Group at Allspring, shared, "We 
are continuing to expand our international footprint and welcome Gary Tan to 
Allspring. Our expertise in emerging market equities is critical to our client 
base, and growing the team in key markets is an important objective".
To learn more about Allspring and our mission to elevate investing, please visit
www.allspringglobal.com.

About Allspring Global Investments

Allspring Global Investments™ is an independent asset management company with 
more than US$476 billion in assets under management*, offices around the world 
and investment teams supported by 450 investment professionals. Allspring is 
committed to thoughtful investing, purposeful planning and inspiring a new era 
of investing that pursues both financial returns and positive outcomes.

*As of 30 June 2022, AUM includes US$93 billion from Galliard Capital 
Management, an investment advisor that is not part of the Allspring trade 
name/GIPS company.

This material is provided for informational purposes only and is for 
professional, institutional or qualified clients/investors. Not for retail use 
outside the U.S. THIS MATERIAL DOES NOT CONSTITUTE AN OFFER OR SOLICITATION AND 
IN ANY CASE IS NOT INTENDED TO BE USED IN ANY JURISDICTION OR TO ANY PERSON 
WHERE IT WOULD BE UNAUTHORISED OR UNLAWFUL TO DO SO. Allspring Global 
Investments(TM) (Allspring) is the trade name for the asset management 
companies of Allspring Global Investments Holdings, LLC, a holding company 
indirectly owned by certain private funds of GTCR LLC and Reverence Capital 
Partners, L.P. Unless otherwise stated, Allspring is the source of all data 
(which is current or as of the date stated); past performance is not a 
guarantee or reliable indicator of future results; all investments contain 
risk; content is provided for informational purposes only with no 
representation regarding its adequacy, accuracy or completeness and should not 
be relied upon; views, opinions, assumptions or estimates are not necessarily 
that of Allspring and are subject to change without notice; and this 
communication does not contain investment advice, an investment recommendation 
or investment research, as defined under local regulation of the respective 
jurisdiction.

PAR-0722-00620
(C) 2022 Allspring Global Investments Holdings, LLC. All rights reserved.

SOURCE Allspring Global Investments

CONTACT: Aryna Kastavetskaya, aryna.kastavetskaya@peregrinecommunications.com, 
+44 (0) 7969 516 159, Melissa Murphy, melissa.murphy@allspring-global.com, 
+1-804-396-6440
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