Renowned Asian equity manager Angus Tulloch is stepping down from IC Top 100 Fund Stewart Investors Asia Pacific Leaders (GB0033874768), formerly known as First State Asia Pacific Leaders, as part of a wider series of management changes at the company. The fund will be co-managed by David Gait and Sashi Reddy, who also continue as co-managers of another IC Top 100 Fund, Pacific Assets Trust (PAC). The changes follows First State Investments' split into two teams earlier this year, with the one that runs Stewart Investors Asia Pacific Leaders based in Edinburgh and now known as Stewart Investors.
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