First Sentier Investors launches first funds
First Sentier Investors (FSI) has launched the first funds under its new brand – the First Sentier Cash fund, the First Sentier Ex-20 Australian Share Fund and the First Sentier Global Property Securities fund.
FSI was previously known as Colonial First State Global Asset Management, before the completion of its sale from its former parent company last month.
The First Sentier Cash fund aimed to provide investors with a regular income stream from an actively-managed portfolio of money market securities with a low of capital loss.
Tony Togher, head of short-term investments and global credit, was responsible for managing the Cash fund and brought over 30 years of experience.
The First Sentier Ex-20 Australian Share fund targeted companies outside the S&P/ASX Top 20 Index that were growing strongly and generated superior returns on capital, it would be managed by Dushko Bajic, FSI head of Australian equities.
The First Sentier Global Properties Securities fund invested in an actively managed portfolio of 30 to 70 global listed property stocks, led by Stephen Hayes.
Recommended for you
Clime Investment Management has faced shareholder backlash around “unsatisfactory” financial results and is enacting cost reductions to return the business to profitability by Q1 2025.
Amid a growing appetite for alternatives, investment executives have shared questions advisers should consider when selecting a private markets product compared to their listed counterparts.
Chief executive Maria Lykouras is set to exit JBWere as the bank confirms it is “evolving” its operations for high-net-worth clients.
Bennelong Funds Management chief executive John Burke has told Money Management that the firm is seeking to invest in boutiques in two specific asset classes as it identifies gaps in its product range.