First State Investments is a global asset management business managing investments across a range of asset classes and specialist investment sectors on behalf of institutional investors and pension funds, wholesale distributors and platforms, financial advisers and their clients. It has investment capabilities across fixed income, equities, alternatives and real assets.
The company operates as First State Investments internationally and Colonial First State Global Asset Management (CFSGAM) in Australia. Its parent company is the Commonwealth Bank of Australia.
As at 31 December 2014, First State and CFSGAM collectively managed £100.8bn on behalf of investors worldwide.
The firm has offices in London, Edinburgh, Paris, Frankfurt, Dubai, Hong Kong, Singapore, Tokyo, Jakarta, New York, Sydney, Melbourne and Auckland. It is also represented in Beijing and Shenzhen through First State Cinda, a joint venture with China Cinda Asset Management Corporation. Chief Executive Officer Mark Lazberger has led the global asset management business since 2008.