First Sentier

About us

First Sentier Investors (formerly First State Investments) is a global asset management group focused on providing high quality, long-term investment capabilities to clients. We bring together independent teams of active, specialist investors who share a common commitment to responsible investment principles.

Who we are

First Sentier Investors acquired by Mitsubishi UFJ Financial Group (MUFG)


employees globally

16 strategies

across equities, fixed income, real assets and alternative credit


of funds under management

Our global footprint

9 countries

12 offices

4 continents


Signatories to the UN's Principles for responsible Investment since 2007

7/8 A+*

Out of 8 categories, we've scored 7 out of 8 A+ and one A from the UNPRI

*PRI Assessment Report 2020

^Assets under management (AUM) includes all assets managed by FSI’s investment teams and affiliates as at 31 December 2023.

We are a stand-alone asset management business and the home of investment teams FSSA Investment Managers, Stewart Investors and Realindex Investments. All our investment teams – whether in-house or individually branded – operate with discrete investment autonomy, according to their investment philosophies. 

About us

Together, we offer a comprehensive suite of active investment capabilities across global and regional equities, cash and fixed income, infrastructure and multi-asset solutions, all with a shared purpose to deliver sustainable investment success.

We have been managing money with this long-term outlook for more than 30 years. Today, across the First Sentier Investors group, we manage more than US$137.8bn* of assets on behalf of institutional investors, pension funds, wholesale distributors and platforms, financial advisers and their clients.

* Source: First Sentier Investors as of 30 September 2023

Responsible investment

We are dedicated to providing world-leading investment expertise and client solutions, led by our Principles of Responsible Investment and Stewardship. These principles are integral to each investment team, our overall business management and the culture of the firm.

A specialist responsible investment team supports the integration of Environmental, Social and Governance (ESG) into our processes, and provides a forum for collaboration on emerging ESG issues. Since 2007, we have been signatories to the United Nation’s Principles for Responsible Investment and have had group-wide stewardship principles in place since 2013.

More about our approach to Responsible Investment

Investment capabilities

We offer a comprehensive suite of investment capabilities across a number of sought-after asset classes.

We have 17 independent teams operating across equities, fixed income, listed and direct infrastructure and multi-asset. Our brands include FSSA Investment Managers, an Asian and global emerging markets equities investor; Stewart Investors, a pioneer in emerging market equities and sustainable investing; and Realindex Investments, a systematic equities manager.

Our history

Our business started in Australia in 1988, and has grown to become a global asset management business with a diverse client base and operations spanning Australia, Asia, Europe and North America.

On 2 August 2019, Mitsubishi UFJ Trust and Banking Corporation acquired our business from Commonwealth Bank of Australia, and we now operate as a standalone global investment management business. Mitsubishi UFJ Trust and Banking is a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc.

Formerly known as Colonial First State Global Asset Management in Australia, and First State Investments elsewhere, the firm has now rebranded to First Sentier Investors.

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