Strategy Overview

Key Facts

Why invest?

Investment Process

The Fund's investment strategy is objective based, and implemented through a dynamically managed investment portfolio in order to maximise the likelihood of achieving the objective while minimising deviations from that target.

Unlike traditional multi-asset portfolios, there is no requirement for the First State Diversified Growth Fund to allocate to any particular investment type. Instead, we blend a combination of investments that we believe together have the highest likelihood of delivering the performance target of UK RPI + 4% (over rolling five-year periods, before fees).

Our investment process >

Risk Management

Even with the most diligent monitoring and management, returns are never certain when investing in financial markets. It isn’t possible to generate the Fund’s return objectives without exposing investors to some risk.

Statistical risk measures are used as aids to guide asset allocation decisions and risk controls. While we believe these measures are helpful, they are imperfect and so need to be supplemented with market experience.

Dynamically implemented

By dynamically shifting exposures, we aim to take advantage of short-term investment opportunities as and when they arise. History has shown that being dynamic, making well-timed changes to the investment mix, can have significant positive influence on long-term performance.

Reviewing positioning on a weekly basis, the composition of the portfolio is continually reviewed by the investment team. The unconstrained approach enables us to respond quickly and decisively to evolving market conditions.

Investment Team

Epco van der Lende
Co-Head of Multi-Asset Solutions
Epco van der Lende
Co-Head of Multi-Asset Solutions
Andrew Harman
Senior Portfolio Manager
Andrew Harman
Senior Portfolio Manager
Jan Baars
Senior Portfolio Manager
Jan Baars
Senior Portfolio Manager
Kej Somaia
Co-Head of Multi-Asset Solutions
Kej Somaia
Co-Head of Multi-Asset Solutions

Responsible Investment

Responsible Investment

We believe that excellence in RI, operating to the highest standards of professional ethics and our commitment to our stewardship principles delivers better long term investment outcomes for our clients.

Our RI strategy is based upon three strategic pillars of quality, stewardship and engagement. This strategy is underpinned by a strong governance framework and is supported by our specialist RI team. Each year we publish a responsible investment and stewardship report which outlines our progress in these areas and profiles each of our investment team’s approaches to responsible investment. We also include over 30 case studies of responsible investment in practice

More about Responsible Investment at First State Investments>