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|... possible in the current environment." The full list of sponsors/donors can be found below. FICAP 2020 sponsors Challenger Colonial First State Count Charitable Foundation IOOF Ironbark Janus Henderson MLC Asset Management Aberdeen Standard Investments ...|
|... value of Powerwrap's technology strategy was confirmed. Separately, Powerwrap recently confirmed the hire of former Colonial First State head of wrap Sue Wallace as special projects lead . Wallace joined the platform on a contract basis, after more than ...|
|Private equity firm KKR, which recently acquired Colonial First State, is in hot 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. ...|
|... having their hours cut. While the numbers for retail funds were 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 ...|
|Commonwealth Bank is set to offload 55% of Colonial First 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 ...|
|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 has terminated a $19.5 million diversified fund, after it returned -11.7% in the first three months of the year. The Acadian Diversified Alpha fund will no longer be available to investors, with switches and redemptions from the ...|
|Colonial First State's superannuation team has revealed the burning questions financial advisers are asking at the moment, with the team frequently fielding queries on early access to super and new social security measures. The queries included ...|
|A former member of Colonial First State Global Asset Management's global leadership team has joined a $4 billion industry super fund as an independent investment expert. Former chief operating officer, director and member of CFSGAM's global executive ...|
|The former head of Wrap at Colonial First State has joined an ASX-listed platform provider. Powerwrap has confirmed the appointment of Sue Wallace as special projects lead on a contract basis. Wallace joined the platform last month, coming from CFS ...|
Charities have called on the government to plan for a gradual transition of its stimulatory payments so as to avoid the loss of more than 200,000 jobs in the sector.
A fund manager will remediate clients in eight funds after a recent review of its management costs identified a unit pricing error.
Equity Trustees has handed over the management of Newgate Real Estate and Infrastructure Fund to a new manager, as Newgate Capital announces its intention to retire from the fund.
Zurich Australia and OnePath Life announced donations to 20 charities with COVID-19 response funding.
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