First State Investment Management (Uk) Limited (Edinburgh)

Name: First State Investment Management (Uk) Limited
Address: 23 St Andrew Square, Edinburgh, Eh2 1 Bb
Telephone: +44 (0)131 473 2200

First State Investment Management (Uk) Limited is a large advisory firm based in Edinburgh. It manages $21.97 billion of regulatory assets for 34 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of New Hampshire.

First State Investment Management (Uk) Limited provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

First State Investment Management (Uk) Limited: assets under management

The assets under management (AUM) of First State Investment Management (Uk) Limited is $21.97 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 334% since the beginning of its operation, and $21.97 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $21.97 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $646.03 million each.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay First State Investment Management (Uk) Limited for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Kanesh Vallabhdas Lakhani serves?

The firm provides services to investment companies, charitable organizations, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Kanesh Vallabhdas Lakhani is pooled investment vehicles with 27 clients and $20.52 billion of assets under management. Among the 10 most similar advisory firms, First State Investment Management (Uk) Limited has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $21.97 billion for 34 clients. 100% of the firm’s clients are foreign persons or businesses.

First State Investment Management (Uk) Limited doesn't advise any private funds.

Careers at First State Investment Management (Uk) Limited

The company employs 337 people that are either part- or full-time employees. 20 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Kanesh Vallabhdas Lakhani has been acting as President since 1 Feb 2012. Inc Mitsubishi Ufj Financial Group joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
S.I. Holdings	Shareholder	1 Jul 1988	75% - 100%	n/a
Mark John Lazberger	Director	1 Sep 2008	Other	5627953
Richard Carleton Wastcoat	Non- executive director	1 Oct 2011	Other	1209889
Kanesh Vallabhdas Lakhani	Director	1 Feb 2012	Other	5309655
Adrian Patrick John Hilderly	Chief compliance officer	1 Jun 2012	Other	6249076
James Braunton Breyley	Chief financial officer	1 Jan 2013	Other	6249081
Christian Richard Turpin	Chief executive officer	1 Feb 2013	Other	4519170
Susan Turner	Director	1 Aug 2013	Other	6328036
Parisha Kanani	Executive legal counsel	1 Dec 2013	Other	6555036
Paul Thomas Griffiths	Director	1 Feb 2014	Other	4373949
Cyril Francis Johnson	Non- executive director	1 Aug 2015	Other	6555894
Caroline Ann Donald	Executive legal counsel	1 Dec 2016	Other	6742367
Vicky Wai Choo Kubitscheck	Non-executive director	1 Jul 2018	Other	7011936
Kerry Johan Thirkell	Chief compliance officer	1 Mar 2019	Other	7172042
Scott Allen	Executive legal counsel	1 Mar 2019	Other	7172079

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
First State Investments (Uk Holdings) Limited	Shareholder	1 Mar 2000	75% - 100%	foreign
Commonwealth Insurance Holdings Ltd	Shareholder	1 Mar 2000	75% - 100%	foreign
Colonial First State Group Ltd	Shareholder	1 Jun 2000	75% - 100%	foreign
Commonwealth Bank Of Australia	Shareholder	1 Jun 2000	75% - 100%	foreign
Colonial Holding Company Ltd	Shareholder	1 Apr 2006	75% - 100%	foreign
Inc Mitsubishi Ufj Financial Group	Shareholder	1 Aug 2019	75% - 100%	foreign
Mitsubishi Ufj Trust And Banking Corporation	Shareholder	1 Aug 2019	75% - 100%	foreign
Carol Australia Holdings Pty Limited	Shareholder	1 Aug 2019	75% - 100%	foreign

Based in Edinburgh

The principal office where First State Investment Management (Uk) Limited performs its advisory services is located at 23 St Andrew Square, Edinburgh, Eh2 1 Bb The mailing address of the firm is Finsbury Circus House, London, Ec2 M 7 Eb. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number +44 (0)131 473 2200. The normal business hours are 0800gmt-1800gmt on Monday - Friday. You can find more information about the New York firm at firststateinvestments.com/fsigloballanding.aspx.