Specialists in Asia and Global Emerging Markets
We are a specialist asset manager with a different perspective.
Operating as an autonomous investment team within First Sentier Investors group, we are a team of dedicated investment professionals based in Hong Kong and Singapore.
Bottom-up stock pickers
We are bottom-up investors, using fundamental research and analysis to construct high-conviction portfolios. We conduct more than a thousand direct company meetings a year, seeking to identify high quality companies that we can invest in for the long term.
We seek to invest in quality companies, as defined by the strength of their management, franchise and financials. Poor quality businesses do not form a part of our investment universe, no matter how attractive the growth opportunity or valuation becomes.
As responsible, long-term shareholders, we have integrated ESG analysis into our investment process and engage extensively on environmental, labour and governance issues. We support social impact initiatives across Asia through the strategic philanthropic work of Manan Trust.
FSSA Investment Managers was formerly a part of First State Stewart, the Asia Pacific team of Stewart Ivory & Company Limited. After years of organic growth, in July 2015 the First State Stewart team split in two: FSSA Investment Managers and Stewart Investors.
Launch of Stewart Ivory’s Asia Pacific capability and strategy
Launch of China Growth and Global Emerging Markets capabilities
Launch of the Indian Subcontinent strategy
Stewart Ivory was acquired by the Commonwealth Bank of Australia. The overseas fund management businesses were merged to form First State Investments (FSI)
Launch of Greater China Growth strategy
Launch of China A strategy
Team rebranded as First State Stewart
In July, First State Stewart split into two businesses: First State Stewart Asia (FSSA) and Stewart Investors
Launch of Japan strategy
Launch of Global Emerging Markets strategy
First State Stewart Asia rebranded to FSSA Investment Managers
First State Investments rebranded to First Sentier Investors, under new owners Mitsubishi UFJ Trust and Banking Corp. FSSA Investment Managers remains an autonomous investment team within the group
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