First Sentier Investors, formerly known as Colonial First State Global Asset Management in Australia and First State Investments elsewhere, is a global

asset management Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings ...

business that manages US$134.4 billion (as at 30 September 2022) in assets managed on behalf of

institutional investor An institutional investor is an entity which pools money to purchase securities, real property, and other investment assets or originate loans. Institutional investors include commercial banks, central banks, credit unions, government-linked co ...

pension fund A pension fund, also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income. Pension funds typically have large amounts of money to invest and are the major investors in listed and priva ...

s, wholesale distributors, investment platforms,

financial adviser A financial adviser or financial advisor is a professional who provides financial services to clients based on their financial situation. In many countries, financial advisors must complete specific training and be registered with a regulatory ...

s and clients worldwide. First Sentier Investors provides active, specialist investment capabilities managed by a group of independent investment teams. They take a long-term approach to investment with a focus on preserving capital and performance through market cycles. In August 2019, Mitsubishi UFJ Trust and Banking Corporation acquired the business from the

Commonwealth Bank The Commonwealth Bank of Australia (CBA), or CommBank, is an Australian multinational bank with businesses across New Zealand, Asia, the United States and the United Kingdom. It provides a variety of financial services including retail, b ...

. The company operates as a standalone global investment management business, with offices across

Asia Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an ...

Australasia Australasia is a region that comprises Australia, New Zealand and some neighbouring islands in the Pacific Ocean. The term is used in a number of different contexts, including geopolitically, physiogeographically, philologically, and ecolo ...

Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a subcontinent of Eurasia and it is located enti ...

and North America.

Corporate structure

First Sentier Investors operates as a standalone business governed by a Board of Directors, with assets under management of US$134.4 billion (as at 30 September 2022). First Sentier Investors includes full ownership of FSSA Investment Managers, Igneo Infrastructure Partners, Stewart Investors and Realindex Investments.

History

From 2000 until 2019, Colonial First State Global Asset Management was part of the

's Wealth Management Division. On 2 August 2019, Mitsubishi UFJ Trust and Banking Corporation acquired the business. In late 2019, the company rebranded from Colonial First State Global Asset Management to First Sentier Investors in Australia, while continuing to use the First State Investments brand globally. In September 2020, First State Investments also rebranded to First Sentier Investors, with the company for the first time using the same brand name both in Australia and globally.

Responsible Investment

First Sentier Investors has been a signatory to the

United Nations The United Nations (UN) is an intergovernmental organization whose stated purposes are to maintain international peace and security, develop friendly relations among nations, achieve international cooperation, and be a centre for harmonizi ...

Principles for Responsible Investment Principles for Responsible Investment (UNPRI or PRI) is a United Nations-supported international network of financial institutions working together to implement its six aspirational principles, often referenced as "the Principles". Its goal is to u ...

since 2007 and produce a
annual report

References

External links

* Commonwealth Bank Financial services companies based in Sydney Mitsubishi UFJ Financial Group 1988 establishments in Australia {{finance-company-stub 2019 mergers and acquisitions