First State brings Global EM Sustainable vehicle into the UK and Europe

First State Investments has launched a new Global Emerging Markets Sustainability fund into the UK a...

First State Investments has launched a new Global Emerging Markets Sustainability fund into the UK and Europe. Managed by David Gait and Jonathan Asante, the fund will utilise the expertise of First State's highly-regarded Asia Pacific and emerging markets equities team - which includes Angus Tulloch. Global Emerging Markets Sustainability will hold about 50 to 60 stocks, with an approximate 50% overlap to First State's existing Asia Pacific Sustainability vehicle. The new fund aims to capture the growth of emerging market companies currently improving business practices, targeting th...