Tulloch and Asante step down from funds but remain at Stewart Investors

Asia Pacific Leaders changing to sustainability strategy

Stewart Investors' Angus Tulloch, David Gait and Jonathan Asante will be handing over the management of their respective funds as of 1 July 2016, Investment Week can reveal.

Tulloch (pictured) will be stepping down from Stewart Investors Asia Pacific Leaders and the First State Investments Asia Pacific Leaders funds, which will both be co-managed by David Gait and Sashi Reddy, as well as the Asia Pacific fund, which will be run by Ashish Swarup and Tulloch as co-manager. Under Gait's leadership the £8bn Asia Pacific Leaders fund will also change to a sustainability strategy, similar to the firm's Asia Pacific Sustainability fund, subject to regulatory approval. However, the group said the changes will not affect the capacity of any of the products, and it...