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Seven fund managers scoop up First Sentier mandates

Colonial First State (CFS) flags it will appoint seven new managers to take over several mandates that will be vacated by First Sentier Investments (FSI) following the shock closure of four local investment teams. ....

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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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