First State Investments is part of Colonial First State Global Asset Management (CFSGAM), the asset management business of the Commonwealth Bank of Australia. CFSGAM has funds under management of AUD140 billion (US$119 billion)¹  with investment offices in Sydney, London, Edinburgh, Singapore, Hong Kong and Indonesia.

The Commonwealth Bank of Australia is an international financial services company listed on the Australian Stock Exchange and one of the largest banks in Australia.

In Singapore, First State Investments offers a range of retail unit trusts that includes global and regional funds, as well as specialist sector funds. These include award-winning funds such as First State Singapore Growth Fund, First State Regional China Fund and First State Asia Innovation and Technology Fund². Mercer Investment Consulting has also rated First State Asian Growth Fund, First State Regional China Fund, First State Dividend Advantage and First State Global Resources 5 stars³. 

¹ Exchange rate: AUD1:US$0.8497, funds under management are based on 30 June 2007 figures
² For a full list of awards, please refer to www.firststateasia.com
³ The rating is provided for general information only.  Research view may be downloaded from MercerFundWatch.com

Investment Approach and Philosophy

At First State Investments, we are active, fundamental investors. We aim to create wealth over the medium to long term by applying an active and disciplined approach to investing in quality assets. We use a ‘bottom-up’ approach to stock selection, placing emphasis on high quality proprietary research in addition to making direct contact with the companies in which we invest. We focus on investing in companies with sustainable earnings per share (EPS) growth, high quality attributes and sensible valuations.

 

Office Address
1  Temasek Avenue
#17-01 Millenia Tower
Singapore 039192
Tel: +65 6538 0008