Singapore Unit Trust Managers: First State Investments

I’m beginning another regular series to look at unit trust mangers in Singapore. Kicking off, we take a look at First State Investments.

Founded in 1988 in Australia, First State Investments is the fund management arm of the Commonwealth Bank of Australia. The group is one of the largest fund managers in Australia with investment offices in Sydney, London, Edinburgh, Singapore, Hong Kong and Jakarta.

The Commonwealth Bank of Australia is listed on the Australian Stock Exchange and is the second largest bank in Australia.

First State Investments (Singapore) offers a range of retail unit trusts that includes global and regional funds, as well as specialist sector funds.

The First State Regional China Fund is one my favourite fund and has performed very well in my portfolio.

Funds under management (for Singapore)

Singapore fund prices

Regional equity

• First State Asian Growth Fund
• First State Regional China Fund
• First State Regional India Fund
• First State Singapore Growth Fund
• First State Dividend Advantage

Global equity/balanced

• First State Global 100 Growth Fund
• First State Global Balanced Fund
• First State GEM Leaders

Asian balanced

• First State Bridge

Sector

• First State Asia Innovation & Technology Fund
• First State Global Property Investments
• First State Global Resources

Website: First State Investment firststateasia.com

Reference:

• FundSuperMart introduction to First State Investments
• Finatiq Fund House profile
• Yahoo Singapore Finance Fund Manager Index