First State Investments to transfer EU assets to Irish SICAVs

First State is transferring European investors in Irish-domiciled funds

Laura Dew
@LauraDewIW
18 September 2018

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First State Investments is to transfer EU investor assets in its UK OEIC funds into its Irish-domiciled fund range instead, as it also sets up a management company in Dublin.

Euro-class shares of 18 funds will be exchanged for equivalents in UCITS-compliant funds run by the same managers in the firm's Irish-domiciled fund range. Funds affected include the £440m First State...

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