About First State Investments
First State Investments is a Financial Services company based in London (United Kingdom) founded in 1988, and was acquired by MUFG in October 2018. Diversified investment management services are provided to clients worldwide. First State Investments has completed 9 acquisitions, including Coriance, Digita and Firstgas. Its chief executive, as recorded, is Mark Steinberg. First State Investments offers products and services including AlbaCore Capital Group, FSSA Investment Managers, and Igneo Infrastructure Partners. Its focus areas include Asset Management and Diversified. Its legal entity is FIRST SENTIER INVESTORS (UK) FUNDS LIMITED. Its competitors include Investec and FNZ; 1 of its 2 listed competitors has raised funding.
Company details
First State Investments was founded in 1988 and is headquartered in London, United Kingdom. Operations focus on diversified investment management within the financial sector. A range of services, including asset allocation and portfolio management, is offered to institutional and individual clients. The firm is led by CEO Mark Steinberg, with activities centered on global markets to support long-term investment strategies.
- Headquarters London, United Kingdom
- Stage Acquired
- SectorsFinancial Services
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website firststateinvestments.com
- Social LinkedIn Facebook
- Acquired by MUFG (Oct 2018)
- Legal Name First Sentier Investors (Uk) Funds Limited
- Date of Incorporation 12 Sep, 1988
- Jurisdiction LONDON, ENGLAND
Products & Services of First State Investments
First State Investments offers a comprehensive portfolio of products and services, including AlbaCore Capital Group, FSSA Investment Managers, and Igneo Infrastructure Partners.
Manages investments in credit and structured products for global clients.
Focuses on Asia Pacific and emerging markets equities.
Provides access to global infrastructure assets.
Investors in First State Investments
First State Investments has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include MUFG Campus.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are advised through specialized finance teams. | mufgcampus.com | Chiyoda-ku, Japan |
Investor details for First State Investments
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of First State Investments
1 people are tracked at First State Investments (1 in leadership).
| Name | Role | Group |
|---|---|---|
Mark Steinberg | CEO | Leadership |
Complete people profiles for First State Investments
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by First State Investments
First State Investments has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Coriance, Digita and Firstgas.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
High-performance kitchen appliances are manufactured with innovative designs. | ultrafastfibre.co.nz | Hamilton, New Zealand | 2010 | May 2020 | $520.85M | |
Technical testing, plant operation, and liquid-to-gas conversion services are provided. | oltoffshore.it | Livorno, Italy | 2002 | Feb 2020 | β’β’β’β’ | |
Integrated cold chain storage and logistics services are provided. | patriotrailandports.com | Jacksonville, United States | 2019 | Aug 2019 | β’β’β’β’ | |
Renewable energy and district heating/cooling services are provided. | utilitas.ee | Tallinn, Estonia | 2013 | Nov 2018 | β’β’β’β’ | |
Ferry services between countries for passengers and vehicles are operated. | scandlines.com | Rostock, Germany | 1998 | Mar 2018 | $2.11B | |
Urban heating and cooling networks are designed and operated. | groupe-coriance.fr | 1998 | Jun 2016 | β’β’β’β’ | ||
Distributor and retailer of natural gas | firstgas.co.nz | New Plymouth, New Zealand | 2016 | Apr 2016 | β’β’β’β’ | |
Limited information available | mauipipeline.co.nz | Wellington, New Zealand | 0 | Dec 2015 | $316M | |
Digital infrastructure and IoT solutions are provided by Digita. | digita.fi | Helsinki, Finland | 1999 | Sep 2012 | β’β’β’β’ |
Complete acquisition details for First State Investments
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of First State Investments
11 dated milestones of First State Investments across 32 years, from founding to its latest funding, stage changes and deals.
- Founded First State Investments is founded.
- Acquisition Acquires Digita.
- Acquisition Acquires Mauipipeline.
- Acquisition Acquires Firstgas.
- Acquisition Acquires Coriance.
- Acquisition Acquires Scandlines.
- Exit Acquired by MUFG.
- Acquisition Acquires Utilitas.
- Acquisition Acquires Patriot Rail & Ports.
- Acquisition Acquires OLT Offshore LNG Toscana.
- Acquisition Acquires Ultrafast Fibre.
Competitors of First State Investments
First State Investments has 2 listed competitors in our database, 1 of them funded. They include Investec and FNZ.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| investec.com | 1974 | London, United Kingdom | 9,444 | Global banking, investment, and wealth management services are offered worldwide. | ||
| fnz.com | 2003 | London, United Kingdom | $1.9B | 954 | Wealth management solutions are delivered for asset managers. |
Detailed competitors of First State Investments
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of First State Investments
Websites that share an audience with First State Investments (firststateinvestments.com).
Websites whose visitors overlap most with First State Investments. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
cfsgam.com.au | cfsgam.com.au | 100% | β | ||
investing.businessweek.com | investing.businessweek.com | 91% | β | ||
tools.morningstar.co.uk | tools.morningstar.co.uk | 79% | β | ||
fundsupermart.com.hk | fundsupermart.com.hk | 74% | #4,777,876 | β | |
jpmorganam.com.hk | jpmorganam.com.hk | 72% | #1,437,662 | β | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 18 similar websites and full traffic analytics for First State Investments
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 18 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Asset Management
3 companies that operate in the same segment as First State Investments (Asset Management) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Global banking, investment, and wealth management services are offered worldwide. | 1974 | London, England, United Kingdom | USD 6.37 B | 7,550 | ||
Universal banking and financial advisory services are provided globally. | 1865 | London, England, United Kingdom | USD 141.4 B | 211,000 | ||
Insurance and asset management services are offered in multiple regions. | 1696 | London, England, United Kingdom | USD 78.79 B | 29,090 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track β from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about First State Investments
Complete news archive for First State Investments
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about First State Investments
First State Investments was founded in 1988.
First State Investments is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Mark Steinberg is the CEO of First State Investments, as recorded in our data.
First State Investments was founded in 1988 and is headquartered in London, United Kingdom. Operations focus on diversified investment management within the financial sector. A range of services, including asset allocation and portfolio management, is offered to institutional and individual clients. The firm is led by CEO Mark Steinberg, with activities centered on global markets to support long-term investment strategies.
First State Investments offers AlbaCore Capital Group, FSSA Investment Managers, and Igneo Infrastructure Partners.
First State Investments has 1 investor. Key investors include MUFG Campus.
First State Investments operates through First Sentier Investors (Uk) Funds Limited.
Yes. First State Investments was acquired by MUFG in October 2018.

