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Showing 111 - 120 of 623 results for "CFS"

Best equities funds to May end

KANIKA SOOD  |  WEDNESDAY, 10 JUN 2020
... May 2020. Morningstar looked at returns of 1275 equities managed funds that returned -1.51% on average over the 12 months. CFS FC-Baillie Gifford Long Term Global Growth Fund had highest returns among the 1275 funds with its wholesale vehicle returning ...

Research firm bolsters executive leadership

HARRISON WORLEY  |  WEDNESDAY, 10 JUN 2020
... business development at Australian Unity Investments. He has also held roles with Ausbil and Colonial First State. His stint at CFS lasted six years, more than four of which Purcell spent as a senior business development manager. Australian Funds Monitors ...

Powerwrap inks strategic partnership

HARRISON WORLEY  |  MONDAY, 18 MAY 2020
... Sue Wallace as special projects lead. Wallace joined the platform on a contract basis, after more than 15 years linked with CFS including as national account manager of Avanteos, and senior manager of custom products.

KKR company cut doctors pay during pandemic

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAY 2020
... water in the US over claims a health company it owns cut doctors pay amid the COVID-19 crisis. KKR acquired a 55% stake in CFS on 12 May 2020 for approximately $1.7 billion. But the firm is facing fire overseas over an earlier deal. In 2018 it acquired ...

Few funds immune to ERS

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... slightly more subdued, they were still significant. Colonial First State had paid out $473 million to members by Friday,May 7. CFS general manager product, marketing and remediation Kelly Power said those figures are in line with CFS' expectations. "CFS ...

CBA sells 55% of CFS

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAY 2020
... State to a $335 billion global investment firm. Announced to the ASX this morning, CBA has entered an agreement to sell 55% of CFS to private equity firm KKR. CBA said the transaction implies a total valuation for CFS on a 100% basis of $3.3 billion ...

Super switching three times higher: CFS

ELIZA BAVIN  |  WEDNESDAY, 6 MAY 2020
New data from Colonial First State (CFS) found switches by super members were three times the usual rate in March as Australians moved their super to cash in the midst of the COVID-19 pandemic. The data found 39% of those that switched their super moved ...

Colonial First State closes global fund

ALLY SELBY  |  FRIDAY, 1 MAY 2020
... with switches and redemptions from the fund suspended as of March 20. The fund had US$12.6 million in AUM as of March 31. CFS said applications received after 3pm on March 19 would not be processed in what it says is in the best interests of its members. ...

Top adviser queries revealed

ALLY SELBY  |  THURSDAY, 30 APR 2020
... the next two financial years and which situations allow members to qualify for the government's Early Release Scheme. CFS technical services manager Craig Day said the technical support team had received a deluge of enquiries during March and April ...

Aussie equities winners, losers revealed

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
... listed funds were downgraded. Upgraded funds included BlackRock Advantage Australian Equity Fund (from bronze to silver), CFS (now First Sentier Investors) Equity Income (from neutral to bronze), Fidelity Future Leaders (from silver to gold), Platypus ...