First Sentier Investors (formerly First State Investments) is a global asset management group focused on providing high quality, long-term investment capabilities to clients. We bring together independent teams of active, specialist investors who share a common commitment to responsible investment principles.
^First Sentier Investors as of 31 December 2023. Gross AUM associated with FSI’s strategic partnership with AlbaCore Capital Group.
We are a stand-alone asset management business and the home of investment teams AlbaCore Capital Group, FSSA Investment Managers, Igneo Infrastructure Partners, Stewart Investors and Realindex Investments. All our investment teams – whether in-house or individually branded – operate with discrete investment autonomy, according to their investment philosophies.
Together, we offer a comprehensive suite of active investment capabilities across global and regional equities, cash and fixed income, infrastructure, property and alternative credit, all with a shared purpose to deliver sustainable investment success.
We have been managing money with this long-term outlook for more than 30 years. Today, across the First Sentier Investors group, we manage US$162.1 bn* of assets on behalf of institutional investors, pension funds, wholesale distributors and platforms, financial advisers and their clients.
* Source: First Sentier Investors as of 31 Dec 2023
Gross AUM associated with FSI’s strategic partnership with AlbaCore Capital Group
We are dedicated to providing world-leading investment expertise and client solutions, led by our Principles of Responsible Investment and Stewardship. These principles are integral to each investment team, our overall business management and the culture of the firm.
A specialist responsible investment team supports the integration of Environmental, Social and Governance (ESG) into our processes, and provides a forum for collaboration on emerging ESG issues. Since 2007, we have been signatories to the United Nation’s Principles for Responsible Investment and have had group-wide stewardship principles in place since 2013.
We offer a comprehensive suite of investment capabilities across a number of sought-after asset classes.
We have 16 independent teams operating across equities, fixed income, real assets and alternative credit. Our brands include AlbaCore Capital Group, a leading European alternative credit specialist; FSSA Investment Managers, an Asian and global emerging markets equities investor; Igneo Infrastructure Partners, our direct infrastructure business and Stewart Investors, a pioneer in emerging market equities and sustainable investing.
We are committed to ensuring that as a firm, we are contributing to building a sustainable economy and society by improving our environmental, social and governance standards and holding our own business to the same standards that we expect of the companies that we invest our clients’ capital in; and by doing so, reinforcing our position as responsible investors.
In 2022, a dedicated Corporate Sustainability function was established to improve the sustainability profile of our global operations by focusing on four focus areas: environment, supply chains, community and diversity, equity and inclusion.
Our Corporate Sustainability 2022 Report provides an update on the progress that we have made in our focus areas.
Certified B Corporation
In 2022, First Sentier Investors became a globally Certified B Corporation (B Corp). B Corp Certification provides a framework that we can use to effectively assess our operations against high standards from an environmental, social and governance point of view, as well as to identify areas where we can enhance and improve.
B Corp certified companies are verified every three years on whether they continue to meet the rigorous, evolving standards.
Overall B Impact Score
Based on the B Impact Assessment, First Sentier Investors earned an overall score of 107.2, as of November, 2022.
Our business started in Australia in 1988, and has grown to become a global asset management business with a diverse client base and operations spanning Australia, Asia, Europe and North America.
On 2 August 2019, Mitsubishi UFJ Trust and Banking Corporation acquired our business from Commonwealth Bank of Australia, and we now operate as a standalone global investment management business. Mitsubishi UFJ Trust and Banking is a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc.
Formerly known as Colonial First State Global Asset Management in Australia, and First State Investments elsewhere, the firm has now rebranded to First Sentier Investors.