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Showing 51 - 60 of 223 results for %22CFS Investments%22

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. ...

Former CFSGAM executive joins industry fund

HARRISON WORLEY  |  TUESDAY, 28 APR 2020
... an independent investment expert to chief investment officer Norman Zhang. In his new role, the former First State Investments Asia managing director will join the fund's investment committee, working closely with Zhang and the internal investment team ...

Cash management account to shutter

KANIKA SOOD  |  FRIDAY, 27 MAR 2020
... proceeds or rent from an investment property into the account. The product is set to terminate on June 30, after a review by CFS and Bankwest. A CFS spokesperson said the decision was taken in 2019, as CFS prepared to separate from CBA, and is unrelated ...

Volatility hits super funds

HARRISON WORLEY  |  TUESDAY, 17 MAR 2020
... returns, which is only an indication of returns, pointing out individual returns may vary. However it isn't all good news for CFS members. Those invested in the firm's FirstChoice Wholesale Geared Australian Shares and Global Shares options are ...

Fidelity sweeps Morningstar Australia Awards

KANIKA SOOD  |  MONDAY, 2 MAR 2020
... winner) was global equities. Franklin Global Growth beat VanEck Vector's QUAL and Zurich Global Growth (American Century Investments) for fund manager of the year in global equities. No win for Magellan this year Magellan was a finalist in the listed ...

Fund managers driven to alternatives: Report

ELIZA BAVIN  |  TUESDAY, 18 FEB 2020
... the group plans to expand its unlisted alternatives programme over the next 12 months." The report found that managers like CFS, Pendal and MLC most often opt for alternative investments in listed assets, while industry funds focus on the unlisted options. ...

Class action accuses CFS of dodgy insurance fees

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
... First State alleging that hundreds of thousands of Australians were charged excessive insurance premiums. The action alleges CFS, as Commonwealth Bank's superannuation provider, put members into policies with CommInsure and that the fees charged in these ...

Colonial First State appoints former Schroders chief

KANIKA SOOD  |  TUESDAY, 26 NOV 2019
The former chief executive of Schroders Australia is joining the boards of Colonial First State Investments Limited and superannuation trust Avanteos Investments Limited. Greg Cooper will join the two boards as an independent non-executive director ...

ASIC drags former adviser to court

HARRISON WORLEY  |  THURSDAY, 17 OCT 2019
... funds for his own benefit. Graeme Walter Miller appeared through his lawyer in Lismore Local Court on Wednesday, as the former CFS Private Wealth director faced 12 charges of engaging in dishonest conduct in the course of carrying on a financial services ...