Citywire - For Professional Investors

Register to get unlimited access to all of Citywire’s fund manager database. Registration is free and only takes a minute.

Asante co-manager Finegan takes year out from First State

Asante co-manager Finegan takes year out from First State

First State's global emerging market equities manager Glen Finegan is to take a year long sabbatical from the firm.

Citywire AAA-rated Finegan, who works as part of the GEM team headed up by Jonathan Asante, is lead manager of the €44 million Worldwide Equity fund, and a co-manager on the firm's top performing First State Global Emerging Markets Leaders fund.

Finegan has been at the firm since 2001 and last year he and Asante switched from Edinburgh to work from First State's Singapore office. He has worked alongside Citywire AAA-rated Asante on the GEM Leaders fund since January 2008.

Over the three years to the end of September 2013, the First State GEM Leaders fund has strongly outperformed, returning 28.6% compared to -4.4% by the average manager in euro terms.

A spokesperson at First State confirmed Finegan's year long break but said there would be no other manager changes.

He added: 'Jonathan Asante will continue to be lead manager on the First State Global Emerging Markets Leaders fund with Tom Prew remaining as co-manager.'

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Events
  • Citywire Asia Bangkok Retreat 2018: day one images

    Citywire Asia Bangkok Retreat 2018: day one images

  • Citywire Asia Bangkok Retreat 2018: day two images

    Citywire Asia Bangkok Retreat 2018: day two images

  • Citywire Asia Taipei Retreat 2017: day two images

    Citywire Asia Taipei Retreat 2017: day two images

  • Citywire Asia Bangkok Retreat 2017: day one images

    Citywire Asia Bangkok Retreat 2017: day one images

  • Citywire Asia Bangkok Retreat 2017: day two images

    Citywire Asia Bangkok Retreat 2017: day two images

  • Images from Citywire Thailand Forum 2017

    Images from Citywire Thailand Forum 2017

  • Citywire Asia Awards 2017: images from Singapore

    Citywire Asia Awards 2017: images from Singapore

  • Citywire Asia Awards 2017: images from Hong Kong

    Citywire Asia Awards 2017: images from Hong Kong

  • Citywire Asia Taipei Retreat 2017: day one images

    Citywire Asia Taipei Retreat 2017: day one images

  • Citywire Asia Retreat in Bangkok: day two images

    Citywire Asia Retreat in Bangkok: day two images

  • Bangkok buzz: day 1 images from our Asia Retreat

    Bangkok buzz: day 1 images from our Asia Retreat

  • Images from Citywire's Thailand Forum

    Images from Citywire's Thailand Forum

  • Pictures from Citywire's Hong Kong forum

    Pictures from Citywire's Hong Kong forum

  • Images from our Citywire Singapore Forum

    Images from our Citywire Singapore Forum