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Showing 201 - 210 of 510 results for "CFS 1420"

Macquarie, CFS top Aussie fund manager list

KARREN VERGARA  |  TUESDAY, 30 OCT 2018
... billion, Macquarie Group slid from 52nd to the 58th spot on Willis Towers Watson's annual top 500 global asset managers. CFS (US$170bn), which took the 97th spot, moved up the ladder from 102 last year. NAB Asset Management ($US153bn) sat at 110, while ...

CFS strikes strategic distribution deal

JAMIE WILLIAMSON  |  TUESDAY, 23 OCT 2018
Colonial First State entered a strategic alliance with a global investment manager that will see Australian investors gain access to a new global equities fund. CFS is partnering with Baillie Gifford to distribute the Baillie Gifford Long Term Global ...

Colonial First State to cut tobacco by 2020

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
Colonial First State has vouched to offload all its tobacco-related investments by 2020, as it signs on to the UN-endorsed Tobacco-Free Finance Pledge. CFS currently has less than 1% of total assets in tobacco-related investments but declined to disclose ...

CFS technical expert moves to Australian Unity

KARREN VERGARA  |  WEDNESDAY, 10 OCT 2018
A long-serving Colonial First State technical expert is moving to Australian Unity. Australian Unity's advice arm appointed Yvonne Chu as its head of technical services. Chu spent more than 11 years at CFS, starting as a technical manager before ...

CFSGAM chief executive departs

JAMIE WILLIAMSON  |  FRIDAY, 21 SEP 2018
The longstanding chief executive of Colonial First State Global Asset Management has resigned. After 10 years in the role, Mark Lazberger has announced he is leaving the $213 billion business. In the interim, chief operating officer Mark Steinberg will ...

AMP, CBA respond to record class action bid

JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
AMP and Commonwealth Bank have responded to Slater and Gordon's announcement of a potential class action which could see the two parties forced to repay more than $500 million that was unfairly deducted from superannuation fund accounts. Launching ...

APRA to reopen old wounds for CBA, IOOF

KARREN VERGARA  |  WEDNESDAY, 5 SEP 2018
APRA will dig its heels into a list of concerns magnified in the Royal Commission into superannuation that mainly involve IOOF, CBA and Suncorp. In response to the preliminary findings concluding the fifth round, APRA said the Commission unearthed new ...

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
Retail superannuation funds at CBA, NAB, AMP and other institutions could face criminal charges after the Royal Commission's team of lawyers highlighted several instances where corporate and superannuation law was breached. The closing submission ...

Intra-fund advice conflicted: Royal Commission

KARREN VERGARA  |  THURSDAY, 16 AUG 2018
... members to MySuper products over a long and messy process. Chun was grilled on intra-fund advice - an arrangement between CFS (the trustee) and Financial Wisdom, a CBA-aligned licensee that provides intra-fund advice to members of CFS superannuation. ...

ANZ grilled over Smart Choice sales

JAMIE WILLIAMSON  |  THURSDAY, 16 AUG 2018
The selling of superannuation products by ANZ branch staff has been called into question, with the Royal Commission suggesting the bank's practices are misleading and deceptive. Appearing before the Commission this morning, ANZ head of superannuation ...