Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Meet a $241B-AUM Multinational's New Americas Chief Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, May 29, 2020

Meet a $241B-AUM Multinational's New Americas Chief

Reported by Lauren Corradi

A veteran U.S. distribution fundster is taking over an Asian multinational's business in the Americas.

Boston-based Matthew Appelstein, head of U.S. institutional for Eastspring Investments, was promoted to head of the Americas. Singapore-based Eastspring had $241 billion in AUM as of the end of 2019 and is a subsidiary of Prudential plc in the UK.

Appelstein referred inquiries to a company spokesperson.

Jeff Smith, who previously served as head of the Americas for Eastspring, has left the firm, a company spokesperson confirms.

In his new role, Appelstein will report to Xavier Meyer, head of distribution at Eastspring. Appelstein has a team of three people reporting to him.

"Matthew brings many years of experience working in all these markets," a spokesperson from Eastspring tells MFWire. "We felt it was important to bring in someone of his caliber to expand our presence in the US marketplace."

As head of the Americas, Appelstein is "responsible for our US sales and distribution activities including US Institutional, sub-advised, professional buyer and offshore marketplace , Canada and Latin America," that spokesperson for Eastspring tells MFWire.

"We are in the process of making significant investment in this market including introducing new investment products and vehicles, as well as working with new partners to expand our footprint here," the spokesperson continues. "The Americas are one of the largest pools of capital in the world. Eastspring brings Asian expertise and on the ground presence that is unmatched. We see our investment expertise as a strategic opportunity as US investors look to Asia for more and more investment opportunities."

An alumnus of UMass Amherst's Isenberg School of Management, Applestein has served at Eastspring for nearly a year and a half, joining as Head of U.S. Institutional. Prior to Eastspring, Appelstein served at RBC Global Asset Management for nearly seven years. Before that, he served at Old Mutual Asset Management (OMAM) for eight years in a variety of roles including executive vice president, head of global distribution and marketings. Appelstein also served at Fidelity Management Trust Company for six years; Fidelity Investments for 13 years; and Coopers and Lybrand for seven years. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2022: Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. 2022 ICI Leadership Summit, May 25-26
  2. ALFI Roadshow to New York, May 25
  3. 2022 IDC Fund Directors Workshop, May 26
  4. Irish Funds Annual Global Funds Conference 2022, May 30-31
  5. WealthManagement Edge, May 31 - June 3
  6. MFDF 2022 Fund Governance and Regulatory Insights Conference, Jun 8-9
  7. 28th annual Expect Miracles East Coast Classic, June 9
  8. 2022 Sohn Investment Conference, June 9
  9. IDC webinar - Cybersecurity for Fund Boards: The Current Landscape, June 9
  10. MMI webinar - Driving Business Value with Artificial Intelligence & Data, June 15
  11. MFDF webinar - Key Takeaways From Morningstar's 2021 Annual Fund Fee Study, June 16
  12. MFDF Director Discussion Series - Open Forum (Chicago), June 21
  13. 2022 MMI Emerging Asset Managers Forum, June 23
  14. MFDF In Focus: Capitol Hill, A Conversation with Congressman Bryan Steil, June 28
  15. Financial Planning INVEST, Jun 28-29
  16. MFDF webinar - Differentiating Mutual-Fund-to-ETF Conversions, July 19
  17. MFDF Director Discussion Series - Open Forum (New York), July 20
  18. 2022 MMI Distribution Leadership Forum, Jul 20-21
  19. MFDF webinar - Fund Boards' Oversight of Investment Performance, July 28
  20. MFDF webinar - Performance, Perception and Manager Selection, September 14
  21. 2022 ICI Tax and Accounting Conference, Sep 18-21
  22. 5th annual Expect Miracles Atlantic Coast Classic, October 3
  23. Nicsa Fearless Leadership Symposium, Oct 6-7
  24. 2022 MMI Annual Conference, Oct 19-21
  25. 2022 IDC Fund Directors Conference, Oct 24-26
  26. 18th annual Expect Miracles Wine & Spirits Event, October 27




©All rights reserved to InvestmentWires, Inc. 1997-2022
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use