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First State Stewart Asia manages Asia Pacific equity strategies
Stewart Investors manage Asia Pacific (ex Japan), Global Emerging Markets, Worldwide and Sustainable Development equity strategies
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Global property securities continued to perform well in May, rising in value by more than 1%. ASX-listed property securities were among the best performers globally.
The global environment and particularly the stance of Central Banks continue to be important drivers of all markets. Given moderate global growth and low global interest rates, demand for bonds with higher risk premia remains high.
Global listed infrastructure was supported by well-received earnings numbers, improving market sentiment and investor demand for income generative assets against a backdrop of low or negative bond yields.
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First State Investments is a global asset management business with experience across a range of asset classes and specialist investment sectors.