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.
St James's Place has launched three new funds, picking industry heavyweights such as Mark Lyttleton and Jonathan Asante to run the mandates.
Global listed property securities provided good returns for investors in 2009 and markets rallied as the global economy responded to government stimulus measures.
First State Investments is launching offshore versions of its Asia Pacific and Global Emerging Markets funds.
First State has increased the annual management charge on its £546m Global Emerging Markets fund.
Fund managers generated record net inflows in 2009, driven by strong investor demand for emerging markets.
Launched in February 2008, the £127m Jupiter India fund has significantly outperformed its peers in the IMA Specialist sector over the past year, up 100.4% to January 11, compared to the sector average of 40.4%.
Global listed infrastructure is well positioned in this environment as the asset class offers investors sustainable growth and inflation protected income streams.
It is that time of year when we all seemed to spend a lot of time predicting - or more likely - guessing what are going to be the top-performing asset classes during the year next 10 years.
Last week's statistics from the Investment Managers' Association, which saw property funds attract the largest allocations, are as clear an indication as you could wish for that investors have now largely moved away from fear and are ready to embrace...
Positive net retail sales over seven consecutive months show investors are shifting back towards sector