26 Jan 2023

Eastspring Investments expands International Distribution team with senior appointment

London (26 January 2023) - Eastspring Investments (“Eastspring”), the USD 222 billion1 asset management business of Prudential plc, has appointed Mike Woolley as Head of UK Wholesale Distribution.

Mike joined Eastspring in December 2022, reporting to Matthew Appelstein, CEO of Americas and Head of International Distribution. Based in London, Mike will be responsible for growing Eastspring’s presence in the UK wholesale market, with a focus on providing access to Eastspring’s range of Asian equities, fixed income and multi-asset solutions to UK-based global financial institutions, private banks and wealth managers.

Mike brings 25 years’ asset management experience within the UK asset management industry, during which he has led business development teams that supported the long-term growth of asset management businesses. He previously held the roles of Head of UK Wholesale at Gresham House and BNP Paribas Asset Management, and has also served as Head of UK Sales at EFG Asset Management.

Commenting on the appointment, Matthew Appelstein, Head of International Distribution, Eastspring Investments, said:

“Asia and Emerging Markets are expected to remain the fastest growing regions in the world, with a combination of new and existing dynamics providing highly attractive opportunities for investors. We believe that active management and detailed local knowledge will be pivotal in capturing the upsides offered by these markets. Mike has a long track record of success in engaging with UK intermediary audiences, and we believe he is well placed to support the next stage of Eastspring’s international growth by unlocking access to our range of investment strategies and insights for wholesale audiences.”

Mike Woolley, Head of UK Wholesale Distribution, Eastspring Investments, added:

“Eastspring’s depth of Asian expertise and local knowledge, gained from its extensive footprint across 11 key Asian markets, offers an unparalleled insight into Asian markets which, given developments in the region, are likely to play an increasingly important role in investors’ portfolios. I look forward to collaborating with my colleagues to ensure global investors understand Eastspring’s value proposition and range of strategies, and why we are well positioned to support global investors in achieving their long-term performance and diversification goals.”

1 As of 30 June 2022.

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