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About Angus Tulloch
Angus Tulloch gave up an early career in accountancy because he found it 'incredibly dull'. A colourful character, Tulloch bought his first shares when he was 10 and sold out at 13 to fund a holiday. He started out professionally with blue-blooded brokers Cazenove in 1980, which sent him to Hong Kong to work as an investment analyst. Seven years later he moved to Stewart Ivory, which was subsequently taken over by Colonial First State Investments in 2000 and ultimately rebranded First State Investments. Tulloch is now the head of First State's Asia Pacific and Global Emerging Markets team. His key fund is the First State Asia Pacific fund, which he has managed since 1998. He believes in 'bunching' his best investment ideas. For instance the 90-stock Asia Pacific fund has some 30% of its assets invested in its top 10 holdings, 50% in the top 20, with the balance of the fund made up of what he thinks may be 'tomorrow's winners.'
Citywire Rating: + rated
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