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Investment

First Sentier axes investment units, AUM takes $14bn hit

First Sentier Investors (FSI) is shuttering four investment teams, seeing the exit of 30 professionals by the end of the year and the loss of about $14 billion in assets under management.

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Read more: FSI,  First Sentier Investors,  AlbaCore Capital Group,  CFS Index Australian Bond,  Colonial First State Global Asset Management,  Commonwealth Bank,  David Allen,  First Sentier Australian Bond,  First Sentier Australian Small Companies Fund,  First Sentier Concentrated Australian Share Fund,  First Sentier Diversified Fixed Interest,  First Sentier Equity Income,  First Sentier Future Leaders,  First Sentier Global Credit Income,  First Sentier WS Strategic Cash Fund,  FSSA Investment Managers,  Igneo Infrastructure Partners,  Mark Steinberg,  Mitsubishi UFG Financial Group,  Rainmaker,  Stewart Investors WS Worldwide Sustainability Fund