Specialist in Asia Pacific, Japan, China, India and South East Asia and Global Emerging Market equities.

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Specialists in equity portfolios in Asia Pacific, emerging markets, global and sustainable investment strategies

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Our philosophy is very simple. We are constantly searching for high quality businesses and when we acquire them, we will work relentlessly with them to create long-term sustainable value through innovation, ESG-led and proactive asset management.

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FSSA Investment Managers

Approach to Responsible investment

Stewardship and ESG integration

We are responsible investors and have integrated ESG analysis and company engagement into the investment process. We believe that relevant ESG factors highlight the sustainability of a company’s earnings and could generate a significant impact on investment performance.

We believe quality companies with better ESG credentials will generally merit a higher valuation multiple; conversely, weaker companies may warrant a discount. By evaluating ESG factors, we can assess what might significantly improve or indeed destroy the investment case in terms of future valuations.

On the other side of the equation, being responsible investors means that we are responsible owners. We consider every company meeting as an opportunity to engage with management and we take our ownership responsibilities seriously. We engage extensively with companies to share best practice and influence behaviour on material issues. 

Countries visited in 2017 China, Hong Kong, India, Japan, Malaysia, Nairobi, Singapore, South Korea, Taiwan, Thailand, Vietnam
Number of meetings 1645

Team climate change statement

At FSSA, we have always believed that sustainability challenges and opportunities are a core part of investment fundamentals and can have an outsized impact on a company’s returns. We actively seek to invest in businesses whose sustainable practices and products are able to meet the world’s changing expectations. This matters to us because as long-term investors, we expect that companies will have to bear the costs of meeting these challenges over the course of our ownership. 

Key climate-related risks in our portfolios

How we identify these risks

How we manage these risks

Our targets

Case studies

We believe that a strong commitment to stewardship is an essential component of a strong approach to responsible investment (RI), and that embedding RI into the core of our investment activities is in the best long-term interests of our clients. For more than a decade we have systematically and progressively improved our practices and processes across our investment capabilities globally.

Learn more through our interactive case studies map

Proxy voting

Proxy voting history by type of resolution

The table below contains the proxy voting history for the team by issue type. The chart provides the same information for FY2022.

Voting Independence 

The chart below shows the number of times the team has voted against management recommendations, proxy advisors' recommendations, or against both. The purpose of this table is to show the independent judgement which is applied by the team when making voting decisions.

Proxy voting by region

The chart below shows the number of times the team has voted in each region and the percentage of votes against management and our proxy advisors' recommendations, or against both. The purpose of this table is to show the regional difference in voting patterns and governance concerns. 

Proxy voting information is as at 31/12/2022
Source: First Sentier Investors / CGI Glass Lewis