First State Asia Pacific Leaders - Gold

FUND RESEARCH UPDATE: Fund rating maintained at Gold.

Ruli Viljoen 14 February, 2014 | 3:12PM
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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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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Stewart Inv APAC Ldrs Sstby A GBP Acc9.73 GBP1.95Rating

About Author

Ruli Viljoen

Ruli Viljoen  is Head of Manager Selection, Morningstar UK

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