• Investment Manager

    Stewart Investors

    Since the launch of the Stewart Investors Asia Pacific and Emerging Markets team’s first product in 1988, sustainable investment has always been an integral part of the team’s investment philosophy and stock-picking process. At the heart of this philosophy is the principle of stewardship.

    The team believe it is their job to entrust their clients’ capital to good quality companies with strong management teams and sound long-term growth prospects. Each investment is a decision to purchase part of a real business with all the rights and responsibilities that go with this ‘share’ of the ownership of the company; and these rights and responsibilities are taken seriously. The team also believe the way they behave as investment professionals and the role they play in the broader industry are important for their own sustainability.

    All the Stewart Investors investment strategies strive to integrate environmental, social and governance (ESG) considerations into every investment decision. The sustainability strategies take this one step further by focusing on long-term sustainability themes as a key driver of the investment process.


    Stewart Ivory & Company Limited was formed in 1985 by the merger of Stewart Fund Managers Limited and Ivory & Co. Stewart Fund Managers can trace its roots to the establishment of The Scottish American Investment Company plc, Edinburgh’s oldest investment trust, in 1873.

    In its more recent form, First State Stewart began when Angus Tulloch joined Stewart Ivory & Company in 1988 to set up the Asia Pacific and Global Emerging Markets (GEM) capability. Stewart Ivory & Company was bought by First State Investments/the Commonwealth Bank of Australia in 2000. The acquisition allowed the investment team to retain their independence and to effectively operate as a stand-alone boutique investment management business within First State Investments.

    Lead Portfolio Managers

    David Gait

    David Gait is Senior Portfolio Manager within the Stewart Investors team, having joined the company in 1997. David is the portfolio manager of the Asia, Emerging Markets and Worldwide Sustainability Funds.

    David holds an MA with honours in Economics from Cambridge University, and holds a Master of Science in Investment Analysis from Stirling University.


    Sashi Reddy

    Sashi Reddy joined the Stewart Investors team in July 2008. Sashi is the Portfolio Manager of the Stewart Investors Indian Subcontinent OEIC.

    Before joining Stewart Investors, Sashi worked at Irevna Research, an outsourced Indian equities research house from 2005 to 2007. As an analyst covering the small and mid-cap European market at Irevna, he was seconded to Credit Suisse First Boston as an associate.

    Sashi has an engineering degree from the National Institute of Technology, Trichy and an MBA from the Schulich School of Business, York University in Toronto.

    For more information on the Stewart Investors team, click here.