We are retaining the Morningstar OBSR Analyst Rating™ of Gold for the First State Asia Pacific Leaders fund following the news that co-manager Alistair Thompson is to be replaced by Richard Jones. Singapore-based Mr Thompson remains as First State’s Deputy Head of Asia ex Japan while Richard Jones becomes co-manager of the fund alongside Angus Tulloch. Mr Jones, who joined First State in mid-2010 as a senior analyst, also has responsibilities on the Gold-rated First State Asian Equity Plus fund where he has been co-manager since July 2013. Our conviction in the First State Asia Pacific Leaders fund is unchanged as the key architect of the rigorous process, Angus Tulloch, remains as co-manager while the strong investment culture within the investment team ensures a degree of continuity and stability for investors.
See the latest Morningstar OBSR fund rating news here.
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