First State Stewart Asia
- Long-term, conservative investors with an absolute return mindset
- Focus on identifying quality companies at sensible valuations
- A stable team with a distinct culture and investment philosophy
Why First State Stewart Asia
We are conviction-based, bottom-up stock selectors with a strong emphasis on proprietary research. Our goal is to identify high quality companies to invest in for the long term. We look for founders and management teams that act with integrity and risk awareness; and dominant franchises that have the ability to deliver sustainable and predictable returns over the long term.
We are conservative investors and define risk in terms of the permanent loss of capital, rather than deviation from any benchmark index. We believe that by investing in quality companies and holding for the long term, the risk to capital is greatly reduced.
Our corporate RI strategy is based upon three strategic pillars of quality, stewardship and engagement.
The Equity Income team works in partnership with other investment teams within CFSGAM to deliver objectives-based investment strategies to our clients. As part of this approach, the team draws upon the analyst research from various investment teams as inputs into the stock selection process. This will usually incorporate the identification of any relevant ESG issues identified by the teams, which is typically based on a rigorous company meeting program.
Additional information on First State Stewart Asia for institutional investors
Performance and Documents
The FSSA teams are based in Hong Kong, Singapore and Edinburgh and include 19 analysts (as at 30 June 2018). The team is highly research-driven and employ detailed fundamental analysis to construct high-conviction portfolios using a bottom-up approach