Research & Comment

Listed Infrastructure

NOVEMBER 2012

CitywireWM - First State's Meany looks to Middle East for new infrastructure opportunities

SEPTEMBER 2012	Client update	Worth Knowing newsletter - a selection of updates and articles from our investment teams
SEPTEMBER 2012	Corporate	Investment Europe interview Kanesh Lakhani
FEBRUARY 2012	Emerging Markets Equities	Jonathan Asante talks to Citywire Jonathan Asante talks to Citywire.
MAY 2012	Emerging Markets Debt	Helene Williamson outlines the important and complex process of assessing political risk in emerging markets.
14 May 2012	Global Agribusiness	Mail on Sunday talks to Skye Macpherson, co-manager of the First State Global Agribusiness Fund
23 APRIL 2012	Global Property Securities	Investment Adviser profiles Andrew Nicholas, manager of the First State Global Property Securities Fund
APRIL 2012	Global Market Commentaries	Read the latest outlook and positioning on global markets
16 APRIL 2012	Emerging Markets Equities	David Gait writes in the Financial Times that Indian companies have much to teach the rest of the world about sustainable finance.
2 APRIL 2012	Emerging Markets Debt	Investment Week talks to Gary Withers and Helene Williamson about the First State Emerging Markets Bond Fund
25 MARCH 2012	Listed Infrastructure	Mail on Sunday features the First State Global Listed Infrastructure Fund and interviews Peter Meany.
MARCH 2012	Global Resources	Money Observer profiles Dr Joanne Warner, manager of the award winning First State Global Resources Fund
16 FEBRUARY 2012	Emerging Markets Debt	Helene Williamson talks to FTfm about emerging markets debt FTfm
FEBRUARY 2012	Global Resources	Financial News profiles First State Global Resources Fund, which over 3 years is the top performing fund investing in agriculture stocks. Financial News
FEBRUARY 2012	Global Property Securities	First State Global Property Securities Fund is reviewed in the FT Financial Times
DECEMBER 2011	Emerging Markets Debt	Helene Williamson answers questions about risks, rewards and outlook for investing in emerging market debt... Citywire Wealth Manager
JANUARY 2012	Global Markets	Quarterly outlook and positioning for global markets First State Investments
DECEMBER 2011	Global Equities	Habib Subjally talks to FTfm Head of Global Equities says in the long term it has paid to invest at the point of maximum pessimism.
NOVEMBER 2011	Emerging Markets Debt	As Euro crisis escalates, emerging market debt is an asset class which deserves more attention from UK pension funds, says Helene Williamson Engaged Investor
NOVEMBER 2011	Property Securities	Andrew Nicholas on current outlook for global property securities... Citywire Wealth Manager
NOVEMBER 2011	Emerging Markets Debt	Gary Withers and Helene Williamson on First State's plans for Emerging Markets Debt... IPE
NOVEMBER 2011	Property Securities	Andrew Nicholas on attraction of global retail estate markets for diversified source of income... Investment Adviser
OCTOBER 2011	Corporate	First State named Equity Manager of the Year in Financial News Awards for Excellence in Institutional Asset Management Europe 2011... Financial News
SEPTEMBER 2011	Listed Infrastructure	Peter Meany discusses impact of strong M&A activity in sector for long-term investors... Money Marketing
SEPTEMBER 2011	Corporate	Gary Withers discusses Emerging Markets Debt and thoughts on future of investment management industry... Investment Adviser
SEPTEMBER 2011	Corporate	First State claims four spots in Citywire's latest round of 20 'star' picks... Citywire Wealth Manager
SEPTEMBER 2011	Global Resources	Interview with Dr Joanne Warner profiling First State's global resources team... Financial Adviser
SEPTEMBER 2011	Asia and Emerging Markets Equities	Angus Tulloch warns China and India will both see significant slowdown in annual GDP growth... Citywire Wealth Manager
SEPTEMBER 2011	Agribusiness	Skye Macpherson / Renzo Casarotto discuss investment opportunities generated by expanding food production... Financial Adviser
SEPTEMBER 2011	Unlisted Infrastructure	Niall Mills discusses relationship between responsible investment and inflation-linked income generated by infrastructure assets... IPE
AUGUST 2011	Global Resources	Dr Joanne Warner -measuring stock against stringent qualifying criteria and site visits is critical to gauging investment value... Financial Adviser
AUGUST 2011	Property Securities	Profile of First State Global Property Securities Fund -fund returns seven times peer group average as global focus pays dividends... Investment Week
AUGUST 2011	Emerging Markets Equities	Patrick Collinson profiles First State Global Emerging Markets Leaders Fund and talks to Jonathan Asante... Fund Strategy
JULY 2011	Corporate	Andrew Nicholas, Peter Meany, Joanne Warner and Renzo Casarotto answer questions from IFAs... Citywire Wealth Manager
JUNE 2011	Property Securities	Andrew Nicholas and Marco van Bussel discuss outlook for REITs and property companies globally... Investment Adviser
JUNE 2011	Emerging Markets Equities	David Gait comments on corruption in emerging markets, risks posed to investments and what fund managers should do to discourage... Financial Times
JUNE 2011	Listed Infrastructure	Peter Meany talks about attractions of inflation-linked income in current economic environment... Investment Adviser
JUNE 2011	Global Resources	Dr Joanne Warner answers financial adviser questions -'commodity prices are notoriously volatile, trying to time market is risky and thankless task'... Citywire Wealth Manager
MAY 2011	Agribusiness	Article marks first anniversary of First State Global Agribusiness Fund and highlights strong performance since launch... Investors Chronicle
MAY 2011	Global Resources	Renzo Casarotto discusses investing in global resources and sector's structural long-term demand story... Investment Adviser
APRIL 2011	Property Securities	Feature by Andrew Nicholas with focus on investing in low liquidity market... Investment Adviser
APRIL 2011	Corporate	Gary Withers talks about market environment, investor sentiment and upcoming fund launches... Fund Strategy
MARCH 2011	Global Resources	Article by Joanne Warner, manager of First State Global Resources Fund... Money Marketing
MARCH 2011	Property Securities	Andrew Nicholas provide update on First State Global Property Securities Fund Citywire Wealth Manager
MARCH 2011	Listed Infrastructure	Profile of Peter Meany, manager of First State Global Listed Infrastructure Fund... Portfolio Adviser
FEBRUARY 2011	Property Securities	Fund profile - First State Global Property Securities Fund... Investment Adviser
FEBRUARY 2011	Listed infrastructure	Interview with Peter Meany, manager of First State Global Listed Infrastructure Fund... Investment Adviser

First State Investments is the trading name for the following companies which are authorised and regulated by the Financial Services Authority:
First State Investments (UK) Limited, registered office 3rd Floor, 30 Cannon Street, London, EC4M 6YQ. Registered in England & Wales with company number 2294743.
First State Investment Management (UK) Limited, registered office 23 St. Andrew Square, Edinburgh EH2 1BB. Registered in Scotland with company number SC47708.
First State Investments International Limited, registered office 23 St. Andrew Square, Edinburgh EH2 1BB. Registered in Scotland with company number SC79063.

The following company also carries on business within the First State Investments group:
First State Investment Services (UK) Limited, registered office 3rd Floor, 30 Cannon Street, London, EC4M 6YQ. Registered in England & Wales with company number 3904320.