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The funds include equity, fixed income, property and infrastructure strategies and are run by either First State Investments or Stewart Investors, the company’s specialist equity subsidiary.
Chris Turpin, managing director for Europe, the Middle East and Africa at First State, said: “Our proposals are intended to protect the interests of all investors, and in particular to ensure that our EU-based clients can continue to invest in our strategies irrespective of the outcome of the Brexit negotiations.
First State said it would send further details of the transfer plans to investors next month, with formal arrangements to be confirmed in November after sign-off from the Financial Conduct Authority.
In addition, the asset manager said it was “seeing the necessary approvals” to establish operations in the Irish capital to provide services to its EU client base.