# First Sentier Investors

First Sentier Investors is an Asset Manager based in Barangaroo, Nsw, Australia.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Barangaroo, Nsw, Australia
- **Region:** Asia
- **Address:** Sydney, New South Wales, Australia
- **Founded:** 1988
- **Assets under management:** $100B – $150B (Altss estimate)
- **Website:** firstsentier.com
- **LinkedIn:** https://www.linkedin.com/company/first-sentier-investors

## Regulatory record

- **CRD number:** 160034
- **SEC file number:** 801-73006
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/160034

## About

FIRST SENTIER INVESTORS is an SEC-registered investment adviser in BARANGAROO, NSW, registered since 2012. The firm manages approximately $52.9 billion in regulatory assets. It has 313 employees and 51 investment advisers.

## Sectors

- Public Equities
- Fixed Income
- Multi-Asset
- Infrastructure
- Real Estate

## Offices

- London
- New York
- Hong Kong
- Tokyo
- Singapore
- Melbourne

## People

- Mark Steinberg — Chief Executive Officer
- Steven Andrew — Chief Investment Officer, Multi-Asset

## Questions

### Who runs investment decisions at First Sentier Investors?

First Sentier operates as a multi-boutique manager, so each investment team — Stewart Investors, RQI Investors, FSSA Investment Managers — has its own CIO and independent investment process. Group-level CIO roles exist for multi-asset (Steven Andrew) and infrastructure, but day-to-day stock selection and allocation decisions sit with the individual teams. Mark Steinberg is the group CEO and oversees strategy.

### Does First Sentier participate in direct investments or only public markets?

First Sentier does manage private markets strategies, particularly in infrastructure equity and real estate. Its infrastructure team invests directly in core infrastructure assets globally, including transport, energy, and utilities. However, the firm is primarily a public markets manager across equities and fixed income, with private markets activities sitting alongside these.

### How did First Sentier originate, and who owns it now?

First Sentier began as the asset management division of Commonwealth Bank of Australia in 1988, formerly known as Colonial First State Global Asset Management. In 2019, Mitsubishi UFJ Financial Group's asset management subsidiary acquired the firm, making it a part of MUFG. The firm rebranded to First Sentier Investors in 2019 to reflect its independent identity.

### Which sectors does First Sentier explicitly focus or avoid?

First Sentier's Stewart Investors team explicitly avoids investments in companies with significant exposure to fossil fuels, tobacco, and gambling, aligning with its sustainability mandate. The broader firm does not have a blanket avoidance policy but as a UN PRI signatory applies ESG screening across portfolios. The infrastructure team focuses on core sectors like energy, transport, and social infrastructure.

## Related profiles

- [Paskin & Berler Capital Advisors](https://altss.com/profile/paskin-and-berler-capital-advisors-llc)
- [Advanced Trader Investment Advisors](https://altss.com/profile/advanced-trader-investment-advisors-llc)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/first-sentier-investors

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