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Stewart Investors Asia Pacific Leaders - change of management

Kate Marshall | Fri 13 November 2015

Investments can go down as well as up so there is always a danger that you could get back less than you invest. Nothing here is personalised advice, if unsure you should seek advice.

It has been announced Angus Tulloch will step down as lead manager of the Stewart Investors Asia Pacific Leaders Fund. David Gait, the fund's existing co-manager, will take over lead responsibility of the fund, while Sashi Reddy will be appointed as co-manager. The change is anticipated to come into effect by 1 July 2016.

David Gait is an experienced investor in his own right, having joined Stewart Investors' Asian and emerging markets team in 1997. He has managed the Stewart Investors Asia Pacific Sustainability Fund for almost a decade, on which he has built a successful track record, although past performance should not be seen as a guide to future returns.

Performance graph
Annual percentage growth
Nov 10 -
Nov 11
Nov 11 -
Nov 12
Nov 12 -
Nov 13
Nov 13 -
Nov 14
Nov 14 -
Nov 15
Stewart Investors Asia Pacific Leaders -2.3% 20.5% 14.1% 18.3% -1.9%
IA Asia Pacific ex Japan -8.6% 8.2% 12.6% 4.0% -5.3%

Past performance is not a guide to future returns. Source Lipper IM to 02/11/2015.

David Gait and Sashi Reddy will continue to work closely alongside several other highly-experienced and talented portfolio managers. We are also encouraged that Angus Tulloch, one of the team's longest-standing members, will remain part of the team and act as a vital resource for the remaining managers.

The fund's existing philosophy and investment process will also be maintained, which we view positively. As such we do not expect to see any significant changes to the fund as a result of the management change.

We continue to hold the Asia and emerging markets team at Stewart Investors in high regard, and we have confidence in their ability to outperform their respective markets over the long term. As such, the fund maintains its place on the Wealth 150+ list of our favourite funds across the major sectors at the lowest ongoing fund charge. The Vantage charge of 0.45% per annum also applies.

Find out more about this fund including how to invest

Please read the key features/key investor information document in addition to the information above.

Important information - Please remember the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. This article is provided to help you make your own investment decisions, it is not advice. If you are unsure of the suitability of an investment for your circumstances please seek advice. No news or research item is a personal recommendation to deal.


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