First State Stewart Asia are specialists in Asia Pacific and Global Emerging Markets equities. Our investment capabilities cover regional and single country portfolios across the universe of small-, mid- and large-cap stocks. We offer collective funds and segregated mandates to suit specific client needs.
To learn more about our investment strategies, please contact us.
The value of investments and any income from them may go down as well as up and are not guaranteed. Investors may get back significantly less than the original amount invested.
If you are in any doubt as to the suitability of our funds for your investment needs, please seek investment advice.
Our range of Asia Pacific equity strategies cover small, mid and large-cap stocks and are invested with a medium-to-long-term time horizon in mind. Our portfolios are invested in quality companies that we believe have long-term, sustainable growth drivers and should benefit from Asia’s structural tailwinds. We are specialists in Asia Pacific equities and have been managing regional Asia Pacific portfolios since 1988*.
Our Global Emerging Markets (GEM) strategies cover developing and frontier markets and is biased towards mid-cap companies that have the potential to grow much larger over time. Similar to our Asia Pacific strategies, we invest with a medium-to-long-term time horizon, and tend to favour dominant franchises operating in industries with long-term structural tailwinds. We continue to add to our GEM research capabilities, and adopt the same high-conviction, bottom-up approach to investing.
Our Greater China strategies cover China, Hong Kong and Taiwan. We offer a range of single country and regional portfolios that provide investors with the option of tailoring their investment exposure to these key markets. Though China provides the largest opportunity set in the region, Taiwan, with its large technology sector, and Hong Kong, with its more developed governance and regulatory framework, offer a number of interesting investment opportunities.
Our China A-Share strategy is invested in domestic market leaders as well as globally competitive Chinese companies that are expanding overseas. As China continues to liberalise its financial markets, we have increasingly found attractive investment opportunities to add to our portfolios and now manage more than US$1.8 billion^ of client assets in China A-Shares.
Our Indian Subcontinent strategies cover India, Pakistan, Bangladesh and Sri Lanka. We tend to favour dominant consumer franchises, high quality private banks and infrastructure companies with a strong track record. We believe large populations, supportive demographics and underpenetrated markets in this region should provide a favourable long-term growth environment for these types of companies.
Our Japan equity strategies are focused on secular growth trends which do not rely on broader growth in economy to perform well. These include well-managed Japanese companies that have global brand recognition, domestic leaders that have grown over multiple cycles, and automation companies that have benefitted from structural demand growth.
First State Stewart Asia are the investment managers of the Scottish Oriental Smaller Companies Trust, an investment company listed on the London Stock Exchange. Click here to be redirected to the Scottish Oriental website.
* As part of the wider First State Stewart team. For more details on the team’s history, please click here.
^ Source: First State Stewart Asia, approximate calculations as at 30th June 2018. Other than our China A-Share strategy, we also have a portion of our Asia Pacific, Global Emerging Markets and Greater China strategies invested in the China A-Share market.