About us
Who we are
We are a global asset management business with experience across a wide range of asset classes and specialist industry sectors. As a wholly owned division of the Commonwealth Bank of Australia, we have access to the benefits of the Commonwealth Bank of Australia Group.
What we do
- We manage assets across a diverse range of global asset classes, including equities, cash, fixed interest and credit, property and infrastructure, and
- We partner with our clients to develop solutions which help them achieve their long-term investment goals.
Dedicated global asset manager
- Being a global asset management business allows us to focus on our key strengths in investing, while developing a performance culture to better position us to attract and retain talented personnel who will underpin the performance of our clients’ investments.
Our brands
- In Australia we operate under the name of Colonial First State Global Asset Management. Internationally, we are known as First State Investments.
- We have various stand-alone brands within our direct property division, including Kiwi Income Property Trust and numerous shopping centres in Australia and New Zealand.
- First State Cinda Fund Management Co. Ltd -We have a joint venture with China Cinda Asset Management Corporation (China Cinda). It is the first fund management company held by a state-owned asset management company, and also the first Australian fund management joint venture in China. We hold 46% of the joint venture, with Cinda China owning the remaining 54%. The joint venture head office is located in Shenzhen, China, with a branch office in Beijing. Our aspirations
- To be a world-class global asset manager, delivering superior investment performance to our clients around the world
- to outperform benchmarks and peers. This means meeting or exceeding our clients’ investment objectives
- to ensure that our interests are aligned with those of our clients, and
- to uphold a culture that acts in our clients’ best interests.