First State

  • first state expands global resources team

    first state expands global resources team

    First State has hired Peter Mangano as a senior analyst for its global resources team, which runs the First State Global Resources Fund.

  • first state stewart eyes sustainable fund for gait

    first state stewart eyes sustainable fund for gait

    First State Stewart has confirmed it is looking into the potential launch of a Worldwide Fund, with a focus on sustainable development, but said it could not provide any further details until regulatory approval had been obtained.

  • oulton first state as sri role moves to London

    oulton first state as sri role moves to London

    First State is to move its role of global head of responsible investment from Sydney to London and hand it to new hire Will Oulton.

  • first states tulloch and asante bearish

    first states tulloch and asante bearish

    Upon reading their latest outlooks, you’d be forgiven for forgetting Angus Tulloch and Johnathan Asante run multi-billion pound mandates in A-Pac and GEM. Be prepared for honesty and scepticism in spades.

  • emd bandwagoners have plenty to prove

    emd bandwagoners have plenty to prove

    There’s no denying the buzz there has been around emerging market debt (EMD) recently, but like EM equities it has the potential to be an asset class jumped on by many and managed successfully by few.

  • first state denies soft-closure

    first state denies soft-closure

    First State has denied its GEM Leaders Fund is nearing soft closure and said it still has plenty of capacity for further inflows.

  • first state clears up confusion with

    first state clears up confusion with

    First State has renamed its Asia Pacific/Global Emerging Markets equities team, led by Angus Tulloch and Stuart Paul, in an attempt to prevent confusion among clients with its new EM debt team.

  • is lack of competition behind GEM fund closures

    is lack of competition behind GEM fund closures

    It is not coincidence that the latest round of fund closures have concentrated on emerging market or Asian propositions, but is it down to market concerns or the lack of ability of the majority of fund managers?

  • apac x japan funds fail investors

    apac x japan funds fail investors

    Analysis of funds in the IMAs Asia Pacific ex Japan sector shows a very long list of negative returns for investors during 2011.

  • first state expands global equities team

    first state expands global equities team

    First State has bolstered its global equities team with the appointment of two new sector investors, Julie Thomas and Ben Yeoh.

  • Now is not the time for local currency bond funds

    Now is not the time for local currency bond funds

    Local currency bond fund launches have been “super-fashionable” this year, with fund houses eulogising about the appreciation potential of emerging market currencies. But First State’s head of EM debt Helene Williamson is not such a fan.

  • em corporate bonds next growth area

    em corporate bonds next growth area

    The growth of emerging market corporate bonds will make up for any shortfall in sovereign debt issuance as investor demand for EM fixed income develops, according to Helene Williamson head of EM debt at First State.