Following the news that investment management responsibilities are transitioning from Stewart Investors to FSSA Investment Managers (FSSA), we have removed the Stewart Investors Asia Pacific Leaders and Stewart Investors Global Emerging Markets Leaders funds from our Recommended list.

Both Stewart Investors and FSSA are part of First Sentier Group.  With a common investing heritage, both businesses emphasise the importance of preserving capital, engaging actively with companies and investing with a long-term horizon.   Following yesterday’s news, First Sentier Group’s intention is to close the Stewart Investors brand.  The funds will be managed by Martin Lau, Managing Partner of FSSA, and his team, who are based in Hong Kong, Singapore and London.

We have known Mr Lau for many years, and we look forward to hearing more about these significant changes in the coming weeks.