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.
Emerging markets
First State Stewart, the GEM, Asia Pacific and global equity arm of First State Investments, is to split in two and rebrand in a bid to cope with "the burden of scale", Investment Week can reveal.
16 March 2015
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Industry
Tilney Bestinvest has named nine funds that have consistently earned its top fund rating over the past five years.
20 February 2015
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3 min read
Industry
The board of the Pacific Assets trust, managed by First State's Asia team, will scrap its performance fee, following the lead of a number of other vehicles in the closed-ended space.
29 January 2015
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Emerging markets
Aubrey Capital Management will expand its fund range with the launch of an emerging market consumer fund in January.
02 December 2014
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Investment
The protests taking place in Hong Kong may eventually provide a rare opportunity to access quality Asia-Pacific companies on the cheap, according to First State Stewart.
05 November 2014
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Investment
Giles Hargreave has been ranked number one in a report by Tilney Bestinvest looking to identify the top 100 equity fund managers in the UK.
27 October 2014
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3 min read
