First State hires ex-Aberdeen bond chief for new role

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Former Aberdeen global fixed income bond chief Paul Griffiths has joined First State Investments as CIO of fixed interest and credit.

The newly created role will see him report to CEO Mark Lazberger, after his departure from Aberdeen was announced last week. Lazberger said: "Paul is a very experienced investment professional and is ideally suited to position our fixed interest, short term investment and global emerging market debt capabilities for continued global growth as well as making a broader contribution to our global business strategy." First State has made no secret of its desire to build out a fixed income franchise, and this latest hire gives it a figurehead to lead the department. Current head of fixe...

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