Allspring Global Investments (Allspring), the pure-play, independent asset manager with US$575 billion in assets under management, announced the imminent appointment of Andy Sowerby as managing director, head of Client Group APAC ex-Japan.
Reporting to Deirdre Flood, Head of International Client Group, Andy will assume responsibility for business development, identifying ways to partner with existing and prospective clients.
Andy comes to Allspring with a strong resume
Andy has 30 years across top-tier global companies with deep expertise in partnering with clients to develop innovative investment solutions to exceed their investment objectives.
Throughout his career, Andy has held senior executive roles focused on institutional and wholesale markets. He joins from Legg Mason, where he was head of Asia Pacific (ex-Japan) and Chief Executive Officer of its Australia and New Zealand operations.
Earlier, he worked as global head of distribution for Martin Currie for 11 years, where he established its international business, including offices in Singapore and Australia.
He also held various roles with Investec Asset Management.
Allspring executive on the new hire
Joe Sullivan, executive chair and CEO at Allspring, made these remarks on the hiring.
“Our international client base is strategically important to us, and investing further to expand our value proposition and better serve these markets is a priority for Allspring. Andy’s hire is an important one as we seek to grow and enhance our international footprint.”
Deirdre Flood, head of International Client Group at Allspring, was delighted Andy has joined.
“I am delighted to have the opportunity to bring someone with Andy’s experience. We are proud to serve a prestigious group of clients and look forward to identifying more ways to help meet their investment objectives and to be increasingly relevant to them.”
Andy Sowerby was excited to join Allspring and made these remarks.
“Allspring is one of the most exciting asset managers in the market today. With global reach and a full suite of investment capabilities, I believe that Allspring has much to offer.”
“With the formation of the new company comes a fresh impetus but with the benefits of scale, heritage and deep resources. I am honoured to join at this juncture and look forward to working with both clients and colleagues to develop our business in the years ahead.”
About Allspring Global Investments
Allspring Global Investments™ is a leading independent asset management company with more than US$575 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.
For more information, please visit www.allspringglobal.com.