Important note I have read and agree, click to expand

RISK FACTORS

This is a financial promotion for The First State Global Listed Infrastructure Strategy. This information is for professional clients only in the EEA and elsewhere where lawful. Investing involves certain risks including:

  • The value of investments and any income from them may go down as well as up and are not guaranteed. Investors may get back significantly less than the original amount invested.
  • Currency Risk: Changes in exchange rates will affect the value of assets which are denominated in other currencies.
  • Single Sector Risk: Investing in a single sector may be riskier than investing in a number of different sectors. Investing in a larger number of sectors helps spread risk.
  • Charges to capital risk: The fees and expenses may be charged against the capital property. Deducting expenses from capital reduces the potential for capital growth.
  • Listed infrastructure risk: Investments in infrastructure may be vulnerable to factors that particularly affect the infrastructure sector, for example natural disasters, operational disruption and national and local environmental laws.

For details of the FCA authorised firms issuing this information and any funds referred to, please see Terms and Conditions and Important Information below.

For a full description of the terms of investment and the risks please see the Prospectus and Key Investor Information Document for each Fund.

If you are in any doubt as to the suitability of our funds for your investment needs, please seek investment advice.

Meet
the team

Led by Peter Meany, we consist of nine infrastructure specialists based in Sydney with an average of 15 years of experience. Our industry experience is enhanced by over 500 company visits each year. We meet with company management, competitors, suppliers, customers, regulators, government officials and industry bodies. The information and insights gleaned from these meetings are our most important sources of idea generation and risk management.

Peter Meany - Head of Global Listed Infrastructure

Peter established the Global Listed Infrastructure Securities strategy in 2007 and has built a high quality team of investment specialists and a strong investment track record. Peter has more than 20 years' investment experience. Prior to joining the company in January 2007, Peter was a Director and Head of Infrastructure and Utilities Research at Credit Suisse Equities (Australia). Peter was also an analyst at Macquarie Equities during the initial development of the private infrastructure market. Peter holds a Bachelor Economics (Finance) from Macquarie University.

Andrew Greenup - Deputy Head of Global Listed Infrastructure

Andrew’s main responsibilities include managing listed infrastructure portfolios and research coverage of the Toll Roads and Ports sectors. Andrew is the co-founder of the Global Listed Infrastructure Securities strategy. Andrew has more than 20 years' investment experience. Prior to joining the company in July 2005, Andrew worked at Allianz Global Investors as a senior analyst in Australian equities. Andrew also worked at Credit Suisse First Boston as an equities analyst for eight years. Andrew holds a Bachelor Business (First Class Honours) from the Queensland University of Technology (QUT), a Graduate Diploma in Applied Finance & Investment from the Financial Services Institute of Australasia and a Postgraduate Diploma in International Relations from Macquarie University.

Trent Koch - Portfolio Manager

Trent’s main responsibilities include managing infrastructure securities on behalf of institutional and wholesale clients and research coverage of the Railroads and Utilities sectors. Trent has more than 15 years' buy and sell side infrastructure experience, having previously managed infrastructure investments in both the listed and direct space. Prior to joining the company, Trent was Portfolio Manager for the Challenger Infrastructure Fund, an Australian publicly listed fund that invested in globally diversified unlisted infrastructure assets. Trent has also held roles at First State Investments in London as a global equities analyst, JP Morgan Cazenove and PricewaterhouseCoopers. Trent holds an MBA from the Australian Graduate School of Management, is a Chartered Accountant, and has a Bachelor of Commerce from the University of Sydney.

Edmund Leung - Portfolio Manager

Edmund’s main responsibilities include managing listed infrastructure portfolios on behalf of institutional and wholesale clients and research coverage of the Towers, Satellites and Utilities sectors. Edmund has more than 10 years' investment experience. Prior to joining the Global Listed Infrastructure Securities team, Edmund worked with the Asia-Pacific/Global Emerging Markets team in Hong Kong and undertook credit analysis for a number of sectors with the Global Fixed Interest and Credit team. Edmund has also worked at Aviva Australia as an Actuarial Analyst. Edmund holds a Bachelor of Commerce (Hons) from the University of Melbourne and is a CFA charterholder.

Rebecca Myatt - Portfolio Manager

Rebecca’s main responsibilities include managing infrastructure securities on behalf of institutional and wholesale clients, and research coverage of the Utilities sector. Rebecca has more than 15 years' investment experience. Prior to joining the company in April 2008 Rebecca worked for Ernst & Young’s Transaction Advisory Services team in Australia. Rebecca has also worked at Grant Thornton (UK). She holds a Bachelor of Science in Mathematics (First Class) from Sheffield University and is a Chartered Accountant with the Institute of Chartered Accountants in England and Wales.

Pablo Kohen - Senior Investment Analyst

Pablo’s main responsibilities include research coverage of the Energy Pipelines sector, involving meetings with management teams, producing detailed financial models, qualitative reviews, and the presentation of investment ideas to the team. Pablo has more than 15 years' investment experience. Prior to joining the company in March 2013, Pablo was an Associate Director at Access Capital Advisers, where he was the lead asset manager for several invested companies. Pablo led or participated in several acquisitions and debt refinancing projects relating to unlisted infrastructure assets. He was also a Board director at two invested companies based in Chile and Mexico and a member of the Investment Advisory Board of the Emerging Markets Infrastructure Fund. Pablo previously worked for Credit Suisse (Australia) and is fluent in Spanish and Portuguese. Pablo holds a Bachelor in Economics from the University of Buenos Aires and a Master Degree in (Corporate) Finance from the University of CEMA.

Jessica Johnson - Senior Investment Analyst

Jessica’s main responsibilities include research coverage of the Railroads and Utilities sectors, involving meetings with management, producing detailed financial models, qualitative reviews, and the presentation of infrastructure stock ideas to the team. Jessica has more than 5 years' investment experience. Prior to joining the Global Listed Infrastructure Securities team, Jessica worked in the Unlisted Infrastructure team, the Global Resources team and the Global Fixed Interest and Credit team in Australia. She also spent six months in the Global Equities team based in London. Jessica has also completed an internship at Macquarie Risk Management Group. Jessica holds a Bachelor of Commerce (Hons) from the University of Queensland and has completed Level 1 CFA.

James Lewandowski - Analyst

James’ main responsibilities include research coverage of the Utilities and Airports sectors, involving meetings with management, producing detailed financial models, qualitative reviews, and the presentation of infrastructure stock ideas to the team. James has more than 5 years' investment experience. Prior to joining the company in June 2015, James was an Investment Banking Analyst at Bank of America Merrill Lynch. As a member of the Transport, Infrastructure, Power and Utilities team, he was an advisor to electricity and infrastructure corporates, superannuation funds, private equity and government on mergers and acquisitions and debt and equity financing. James holds a Bachelor of Commerce and a Bachelor of Science from the University of Queensland.

George Thornely - Investment Manager

George’s main responsibilities are to act as the first point of contact for the Global Listed Infrastructure investment team on matters associated with client service, communications, risk & compliance, operations and product. George has more than 15 years’ experience in funds management. Prior to joining the company in August 2012, George’s roles included Senior Settlement Specialist at Merrill Lynch in Dublin, Ireland and Broker Liaison Executive at Invesco Perpetual in Henley-on-Thames, UK. George holds a B.A. (Hons) in History from Lancaster University.