First State Investments
Global asset manager
First State Investments is a global asset management business covering a range of asset classes and investment sectors.
The business first started in Australia in 1988. It has since grown into a large-scale asset manager, with an 800-strong team across 11 offices including Asia, Australia, Europe and North America. Since 2000, it has been part of the Commonwealth Bank of Australia.
As of 31 December 2017, First State Investments has $171bn in AUM. Today, it has 17 teams operating across Equities, Fixed Income, Alternatives and Multi-Asset, including Stewart Investors, a pioneer in emerging market equities and sustainable investing, and First State Stewart Asia, our leading Asian equities investor.
Investment Trusts
Global real estate investment trusts trading on huge discounts are offering value but liquidity remains low, said the managers of First State's Global Property Securities fund.
17 January 2011
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Asia
Nikko Asset Management has hired former First State CEO Charlie Metcalfe to lead its business across Europe, the Middle East and US.
23 November 2010
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Emerging markets
First State's Jonathan Asante has warned emerging markets are heading for a bubble because policymakers have resumed quantitative easing.
22 November 2010
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Emerging markets
First State's Jonathan Asante considered investing his own money in wine over fears bubbles are forming in more traditional asset classes.
05 November 2010
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