{
  "crd_number": 165124,
  "slug": "first-sentier-investors-singapore-singapore-165124",
  "primary_business_name": "FIRST SENTIER INVESTORS (SINGAPORE)",
  "legal_name": "FIRST SENTIER INVESTORS (SINGAPORE)",
  "dbas": [
    "FIRST SENTIER GROUP",
    "FIRST SENTIER INVESTORS",
    "FSSA INVESTMENT MANAGERS",
    "IGNEO INFRASTRUCTURE PARTNERS",
    "RQI INVESTORS"
  ],
  "city": "Singapore",
  "state": null,
  "country": "Singapore",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2012-09-19",
  "years_registered": 14,
  "period": "2026-10-01",
  "filing_date": "2026-09-21",
  "carried_forward": false,
  "raum_total": 10839432963.0,
  "raum_discretionary": 10839432963.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 55,
  "advisory_employees": 19,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "state_municipal": {
      "raum": 249831094.0,
      "count": 1,
      "fewer_than_5": true
    },
    "pension_profit_sharing": {
      "raum": 963492730.0,
      "count": 2,
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 9496147519.0,
      "count": 6
    },
    "corporations_other_businesses": {
      "raum": 129961620.0,
      "count": 1,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [],
  "websites": [
    "https://firstsentiergroup.com",
    "https://firstsentierinvestors.com",
    "https://fssaim.com",
    "https://igneoip.com",
    "https://linkedin.com/company/first-sentier-group",
    "https://linkedin.com/company/first-sentier-investors",
    "https://linkedin.com/company/fssa-investment-managers",
    "https://linkedin.com/company/igneo-infrastructure-partners",
    "https://linkedin.com/company/rqiinvestors"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/165124",
  "city_as_filed": "SINGAPORE",
  "url": "https://advisorcensus.com/firm/first-sentier-investors-singapore-singapore-165124",
  "display_name": "First Sentier Investors (Singapore)",
  "summary": "First Sentier Investors (Singapore) is an SEC-registered investment advisory firm in Singapore, Singapore, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 21, 2026.",
  "citation": "AdvisorCensus. First Sentier Investors (Singapore) (CRD 165124): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is First Sentier Investors (Singapore) compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), First Sentier Investors (Singapore) reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is First Sentier Investors (Singapore) located?",
      "a": "First Sentier Investors (Singapore)'s principal office is in Singapore, Singapore, according to its Form ADV; the August 2025 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is First Sentier Investors (Singapore) registered with the SEC or a state?",
      "a": "First Sentier Investors (Singapore) is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 165124."
    },
    {
      "q": "How much does First Sentier Investors (Singapore) manage?",
      "a": "First Sentier Investors (Singapore) reports $10,839,432,963 in regulatory assets under management in its Form ADV filing dated September 21, 2026 (100% discretionary)."
    },
    {
      "q": "How have First Sentier Investors (Singapore)'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for First Sentier Investors (Singapore): Regulatory assets under management: $32,962,147,220 in the October 2021 data and $10,839,432,963 in the October 2026 data, down 67%. Total employees: 50 in October 2021 and 55 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does First Sentier Investors (Singapore) serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (6); pension and profit sharing plans (but not the plan participants or government pension plans) (2); state or municipal government entities (including government pension plans) (1)."
    },
    {
      "q": "Which custodians does First Sentier Investors (Singapore) use?",
      "a": "First Sentier Investors (Singapore)'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Citibank, HSBC International Trust Limited and State Street Bank and Trust Company as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does First Sentier Investors (Singapore) report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/165124"
    },
    {
      "q": "What changed in First Sentier Investors (Singapore)'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: No longer lists the business name Stewart Investors. Added the business name First Sentier Group. No longer lists an office in Singapore."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 32962147220.0,
      "total_employees": 50,
      "filing_date": "2021-03-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 38172377065.0,
      "total_employees": 56,
      "filing_date": "2022-04-06"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 33588258037.0,
      "total_employees": 66,
      "filing_date": "2023-05-12"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 32493769947.0,
      "total_employees": 59,
      "filing_date": "2024-08-14"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 11721470121.0,
      "total_employees": 55,
      "filing_date": "2025-07-08"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 10839432963.0,
      "total_employees": 55,
      "filing_date": "2026-09-21"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "No longer lists the business name Stewart Investors.",
        "Added the business name First Sentier Group.",
        "No longer lists an office in Singapore."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Citibank",
      "name_as_filed": "CITIBANK",
      "affiliated": false
    },
    {
      "name": "HSBC International Trust Limited",
      "name_as_filed": "HSBC INTERNATIONAL TRUST LIMITED",
      "affiliated": false
    },
    {
      "name": "State Street Bank and Trust Company",
      "name_as_filed": "STATE STREET BANK AND TRUST COMPANY",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/first-sentier-investors-singapore-singapore-165124.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 6,
      "fewer_than_5": false,
      "raum": 9496147519.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 2,
      "fewer_than_5": true,
      "raum": 963492730.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 1,
      "fewer_than_5": true,
      "raum": 249831094.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 1,
      "fewer_than_5": true,
      "raum": 129961620.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/165124",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}