First State to launch trio of funds for new Asia team

They will be managed by First State Stewart Asia, the Singapore-based half of the former First State Stewart brand which split at the start of the month. The three new funds - Asia All Cap, Asia Focus and Japan Equity - have been registered by the company and will be launched at a later date.  There will be a mandatory initial fee in place and a restricted capacity level applied to all the funds. A spokesperson for the firm said the launches aim to boost the track record of the new First State Stewart Asia team as a separate entity. Managers in the team include Richard Jones, Marti...