Asia and emerging market equities stage a come back
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As part of a wider corporate brand change for First State Investments, a number of Elite Rated funds will have their names changed.
Effective 22 September 2020, First State Investments has rebranded to First Sentier Investors. The brand change is part of a global re-branding program which began in 2019 after First State Investments was acquired by Mitsubishi UFJ Trust and Banking Corporation (MUTB), a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc. (MUFG).
Alongside the corporate brand name change, there are a number of fund name changes to reflect the brands of the investment teams responsible for their management: First Sentier Investors and FSSA Investment Managers.
Fund name changes:
|Current Fund Names||New Fund Names|
|First State Global Listed Infrastructure Fund||First Sentier Global Listed Infrastructure Fund|
|First State Greater China Growth Fund||FSSA Greater China Growth Fund|
|First State Japan Focus Fund||FSSA Japan Focus Fund|
|First State Global Emerging Markets Focus Fund||FSSA Global Emerging Markets Focus Fund|
Stewart Investors fund name change
Stewart Investors, which is also part of the First Sentier Investors group, but operates with discrete investment autonomy, according to its investment philosophy, has also decided to rename the Elite Rated Stewart Investors Asia Pacific Leaders fund.
Effective today, it will be named Stewart Investors Asia Pacific Leaders Sustainability fund. This is to highlight the fact that the fund is managed by the Sustainable Funds Group within Stewart Investors, which focusses on investment in companies which are positioned to benefit from, and contribute to, the sustainable development of the countries in which they operate. There has been no change to the team managing the fund.