Australia’s First State Investments is transferring the £4bn funds it oversees for European clients to Ireland from the UK as Brexit looms. The firm also announced it intends to open a management company in Dublin next year, in order ensure access to its EU client base regardless of the outcome from the UK’s negotiations with […]
European and US equities, emerging market debt and high yield were the key themes during the first InvestmentEurope Pan-DACH Summit held at the Bayerischer Hof in Munich. The two-day event, aimed at investors in Germany, Austria, Switzerland and Luxembourg attracted about 40 delegates from across the region. Mandarine Gestion’s portfolio manager Diane Bruno kicked off […]
Joanne Warner, head of Global Resources
at First State Investments, will discuss how the Resources Team perceives the resources cycle and their approach to investing in the resources sector at InvestmentEurope’s Pan-European Fund Selector Summit 2014.
First State Investments is to close its First State Global Emerging Market Leaders Funds to new investors in order to protect the interests of existing investors.
First State Investments intends to launch a local currency emerging market debt fund to sit alongside its existing hard currency open ended investment company (OEIC) which invests in the same sector.
The Commonwealth Bank of Australia, the parent bank of First State Investments, celebrates 100 years of history this year. A series of mergers and acquisitions – and some dissolutions – has resulted in Australia’s largest bank by market capitalisation, and within it, one of the fastest-growing and most forward-looking global asset managers.
First State Investments has appointed Will Oulton as Global head of Responsible Investment based in London and Pablo Berrutti to the newly created role of head of Responsible Investment Asia Pacific based in Sydney.
Funds from Majedie Asset, Axa Framlington and First State were among category winners announced by Morningstar in its annual UK Fund Awards.
First State Investments International has opened of a branch office in Paris – its first corporate address on the continent.
Skandia Investment Group has awarded Tim Steer of Artemis a £38m mandate with the Skandia Global Best Ideas fund, and a £24m mandates for the UK Best Ideas fund, replacing Audrey Ryan of Kames Capital.
The storms gathering over the eurozone may well cast shadows over the Swiss cantons, but local institutions are successfully navigating the turbulence.
The latest rebalancing of the FE Adviser Fund Index (AFI) indices suggests that UK independent financial advisers are keeping clients exposed to European assets, whilst still guarding against associated risk.