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.
AUTHOR
Chris Dastoor
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