Swarup joins on 23 June and will be responsible for managing emerging market and worldwide equity portfolios. Prior to joining he spent the past decade at Fidelity Investments, where he was managing portfolios and working as an analyst on emerging market equity funds.
The First State Stewart team team, based in Edinburgh, Hong Kong and Singapore, is led by Angus Tulloch and operates autonomously and manages funds on behalf of its clients in Asia Pacific, emerging market and global equity investment strategies.
Earlier in April, First State appointed five new senior members of staff bolstering its European institutional team.