News

Past announcements

Date	Title	Description
09 April 2013	Equity Income Fund hits five year milestone	Colonial First State Global Asset Management (CFSGAM) has celebrated a key milestone with the five year anniversary of the Colonial First State Wholesale Equity Income Fund (the Fund) in Australia. Despite challenging market conditions since its launch in 2008, the Equity Income strategy has demonstrated significantly lower volatility than the S&P/ASX 100 Index over a full market cycle, including the Global Financial Crisis (GFC) and a number of subsequent bull market rallies.
27 March 2013	CFSGAM appoints dedicated Chief Investment Officer for Fixed Interest & Credit offerings	Colonial First State Global Asset Management (CFSGAM) has appointed Paul Griffiths to the newly created role of Chief Investment Officer, Fixed Interest and Credit. The creation of this new role based in London reflects CFSGAM’s aspiration to become a global leader in these asset classes.
26 March 2013	CFSGAM expands Global Listed Infrastructure team	Colonial First State Global Asset Management (CFSGAM) has appointed Pablo Kohen as a Senior Analyst within the Global Listed Infrastructure team.
28 February 2013	Gen-X putting their long term wealth at risk	The CFSGAM-UWA Business School Equity Preference Index (EPI) – developed by CFSGAM and University of Western Australia Business School (using data from Colonial First State) finds investors aged 35 – 49 years are most at risk of not achieving long-term financial stability due to an increasingly low appetite for growth investments.
19 February 2013	CFSGAM_builds_on_its_investment_solutions_capability	Colonial First State Global Asset Management (CFSGAM) has launched a CPI Plus Fund (the Fund) that will target the Australia retirement market.
16 January 2013	CFSGAM wins first Listed Infrastructure institutional mandate in Americas	Colonial First State Global Asset Management (CFSGAM) today announced it has been appointed for inclusion on Russell Investments’ Global Listed Infrastructure multi-manager platform and secured mandates of more than US$500m across the United States, Canada, and Australia. Russell Investments is a global asset manager and provider of actively managed multi-asset portfolios and services that include advice, investments and implementation.
23 October 2012	CFSGAM attracts high calibre investment professionals for global property securities team	Colonial First State Global Asset Management („CFSGAM‟) has today announced the appointment of four highly experienced investment professionals to the Listed Property Securities team following Stephen Hayes rejoining CFSGAM as Head of Property Securities in September.
19 October 2012	CFSGAM completes acquisition of Digita OY	Colonial First State Global Asset Management is pleased to announce its First State European Diversified Infrastructure Fund (FCP-SIF), has completed the acquisition of 100% of Digita Oy, Finland’s leading provider of television and radio broadcast tower infrastructure.
16 October 2012	Listed Infrastructure consistently outperforming the global market over the last 5 years	Colonial First State Global Asset Management (CFSGAM) has celebrated a key milestone with the five year anniversary of the Global Listed Infrastructure Fund (the Fund) in Australia.
13 September 2012	CFSGAM strengthens its foothold in Europe with German office opening	Colonial First State Global Asset Management (CFSGAM) has today announced the opening of a representative office in Frankfurt am Main and a senior appointment within the business, as it continues its expansion in continental Europe.
17 August 2012	CFSGAM strengthens Property Securities team	Colonial First State Global Asset Management (CFSGAM) has today announced changes to the Listed Property Securities team. Stephen Hayes has been appointed to the role of Head of Property Securities, based in Sydney.
30 July 2012	CFSGAM Global Resources team appoints Senior Analyst	Colonial First State Global Asset Management (CFSGAM) has today announced the appointment of Mr. Peter Mangano as a Senior Analyst within the Global Resources team.
18 July 2012	CFSGAM appoints Matthew Laing to lead distribution in New Zealand	Colonial First State Global Asset Management (CFSGAM) has today announced the appointment of Matthew Laing to the role of Head of Wholesale, New Zealand. The creation of this new role based in Auckland reflects CFSGAM’s focus on growing its distribution and sales capabilities in the New Zealand market.
5 July 2012	CFSGAM strengthens Responsible Investment team	Colonial First State Global Asset Management (CFSGAM) has today announced the appointments of Will Oulton as Global Head of Responsible Investment based in London and Pablo Berrutti to the newly created role of Head of Responsible Investment Asia Pacific based in Sydney. These changes are a result of Amanda McCluskey joining CFSGAM’s Asia Pacific and Global Emerging Markets equity team, based in Singapore.
26 June 2012	CFSGAM releases CFS-UWA Business School Equity Preference Index (EPI) research	Colonial First State Global Asset Management releases CFS-UWA Business School Equity Preference Index (EPI) research which measures a database of managed fund data to gauge investor sentiment in Australia. The research has shown investor sentiment, as measured by actual investment decisions, continues to be weak, despite recent survey-based results suggesting an uplift.
20 March 2012	CFSGAM releases its fifth annual Responsible investment report	Colonial First State Global Asset Management (CFSGAM) has today released its fifth annual Responsible investment report, revealing improved performance on the United Nations Principles for Responsible Investment (PRI). CFSGAM now sits in the top quartile in five of the six Principles and, it achieved higher rankings than the combined average scores of investment managers globally on all six principles.
7 February 2012	Global Fixed Interest & Credit team appointed $1.3b UniSuper mandate	Colonial First State Global Asset Management (CFSGAM) today announced it has been appointed to manage a $1.3 billion domestic fixed interest portfolio for UniSuper.
03 February 2012	CFSGAM strengthens Australian Equities Core team	Colonial First State Global Asset Management (CFSGAM) has today announced the appointment of Gates Moss as Senior Analyst within the Australian Equities Core team.
31 January 2012	Listed Infrastructure funds pass $1 billion mark	Colonial First State Global Asset Management’s (CFSGAM) Global Listed Infrastructure team has passed the $1 billion mark for funds under management, a milestone which follows a series of allocations from new institutional and retail investors in Australia, Europe and the United Kingdom.
12 December 2011	CFSGAM strengthens Global Resources team	Colonial First State Global Asset Management (CFSGAM) has today announced the appointment of Tal Lomnitzer as Portfolio Manager within the Global Resources team. He will co-manage the Global Resources Long Short Fund with Portfolio Manager, Todd Warren and be an active contributor to stock selection for our long-only funds.
11 November 2011	New equity income funds target tax aware investors	Building on the success of its existing Wholesale Equity Income Fund, Colonial First State Global Asset Management (CFSGAM) has today announced the launch of two new, tax aware equity income funds. The launch follows CFSGAM’s announcement in June this year, regarding the establishment of its tax aware investment capabilities.
23 August 2011	CFSGAM establishes emerging markets debt team	Colonial First State Global Asset Management (CFSGAM) has announced the establishment of an Emerging Markets Debt team, which will focus on developing investment capabilities across traditional hard currency sovereign debt as well as emerging corporate debt and local currency debt markets. These capabilities will be accessible to institutional investors in Australia, Europe, the Middle East and Asia.
4 August 2011	Global Resources team appoints Senior Analyst	Colonial First State Global Asset Management (CFSGAM) has announced the appointment of Mr Mario Maia as a Senior Analyst within the Global Resources team, focussing primarily on the soft commodities sector.
1 July 2011	Greater emphasis on ESG issues to drive capital allocation and investment performance	The short-term nature and focus of financial markets is inhibiting consideration of environmental, social and governance (ESG) issues in capital allocation and could be detrimentally impacting long-term company and investment performance, according to Colonial First State Global Asset Management (CFSGAM).
27 June 2011	CFSGAM appoints managing director, Americas	Colonial First State Global Asset Management (CFSGAM) has today announced the appointment of James Twiss to the newly created role of Managing Director, Americas. James will be responsible for building CFSGAM’s presence in the United States, including the identification and cultivation of business opportunities and distribution channels for existing products. He will also be responsible for developing infrastructure and building relationships with clients and asset consultants.
07 June 2011	CFSGAM ramps up tax aware investment capability	Colonial First State Global Asset Management’s tax aware investment capability is gaining significant traction in the investment market, with the Australian Equities, Core team now managing more than $400 million of tax aware investments following its recent appointment as the fund manager for three leading Australian industry funds.
02 June 2011	CFSGAM expands multi-asset business in Australia and Asia	Colonial First State Global Asset Management (CFSGAM) has today announced the expansion of its investment solutions business in Australia and Asia, with plans to enter the European and UK markets over the longer term.
11 May 2011	Australian Budget 2011/12: Good times, bad times	CFSGAM's Investment Markets Research team provides their overview of the 2011/12 Australian Budget.
26 April 2011	First State Investments appoints Kanesh Lakhani to lead distribution across EMEA	First State Investments UK Limited has announced the appointment of Kanesh Lakhani as Managing Director in charge of Distribution across EMEA. The creation of this new role reflects First State’s increasing focus on growing its distribution and sales capabilities across the UK and Continental Europe.
6 April 2011	CFSGAM named Best Infrastructure Provider of the Year	For the second year running, CFSGAM’s European Infrastructure Investments team was named 'Best Infrastructure Provider of the Year' at the Global Pensions Awards 2011.
18 March 2011	CFSGAM strengthens its Global Listed Infrastructure team	Colonial First State Global Asset Management (CFSGAM) has today announced the appointment of Ofer Karliner as a Senior Analyst within the Global Listed Infrastructure team. Mr Karliner commenced his role in Sydney last week and is focusing on toll roads and energy pipelines – his appointment coincides with increased institutional demand for the asset class.
17 March 2011	China not Australia's only path to growth	Australia may be missing key opportunities for economic growth by directing its exports primarily towards resource hungry China and other BRIC¹ nations (Brazil, Russia and India) and largely ignoring the significant growth potential of the next eleven* (N-11) countries².
18 February 2011	Global REIT’s well placed to deliver solid performance	The global property securities sector is set to undergo a significant turnaround in 2011, with the return to solid performance driven largely by low interest rates and an abundance of liquidity. However, REIT's in some parts of the world will remain under pressure as weak economies and indebtedness continue to impact performance.
29 September 2010	CFSGAM named Fund Manager of the Year at the 2010 S&P Investment Manager of the Year Awards	Colonial First State Global Asset Management (CFSGAM) wins Fund Manager of the Year at the Standard and Poor's 2010 Investment Manager of the Year Awards. CFSGAM was also nominated for an additional four awards in the Best Manager categories of: Australian Fixed Interest, International Fixed Interest (including Diversified), Alternative Strategies and International Equities - Emerging Markets
24 September 2010	Colonial First State Property Retail Trust (CFX) acquires four retail outlet centres	CFX announces details of a significant property transaction, acquiring four retail outlet centres which are currently part of Austexx Proprietary Ltd's ('Austexx') Direct Factory Outlet (DFO) portfolio.
24 September 2010	CFSGAM's global footprint continues to grow	Colonial First State Global Asset Management (CFSGAM) announces the opening of its Representative Office in Tokyo, Japan and a senior appointment within the business as it continues its expansion in the region.
6 September 2010	Long-term investors in resource companies look to reap rewards	The long-term outlook for the resources sector remains compelling despite recent volatility in financial markets and short-term concerns over the durability of the global economic recovery.
31 August 2010	CFSGAM points to new opportunities in listed infrastructure for long-term investors	Opportunities in listed infrastructure look particularly attractive for long-term investors following the recent market weakness and a push for reform in Europe spurred by the sovereign debt crisis.
4 August 2010	CFSGAM selects RepRisk as ESG data provider	CFSGAM has appointed Zurich-based RepRisk as a further environmental, social and governance (ESG) data provider. CFSGAM will use the RepRisk® tool to help integrate shorter term ESG news into investment analysis across the global teams.
3 August 2010	Global Resources team largest and most experienced in Australia	CFSGAM has announced a number of senior appointments in the Global Resources investment team bringing the total headcount to nine and confirms our position as the largest and most experienced resources fund manager in Australia.
20 July 2010	Timely infrastructure investments aids outperformance	CFSGAM has celebrated a key milestone with the three year anniversary of the Global Listed Infrastructure Fund. Launched in June 2007 in challenging market conditions, the Fund has outperformed its benchmark by 9.4% over the three years to 30 June 2010, which places CFSGAM in the top quartile of Global Listed Infrastructure managers.
8 July 2010	CFSGAM releases responsible investment report	As part of our work towards global best practice in our approach to sustainability and responsible investment, CFSGAM has released its third annual responsible investment report. This report is based on our responses to the United Nations Principles for Responsible Investment (PRI) Reporting & Assessment survey submitted in mid-2010.
10 June 2010	CFSGAM creates new role	CFSGAM has appointed Andrew Cummins to the newly created role of Head of Global Projects and Strategy. Reporting to CFSGAM CEO, Mark Lazberger, Andrew will lead the development and execution of all major business critical projects within the global CFSGAM and First State Investments businesses.
8 June 2010	CFSGAM direct infrastructure team takes lead on environmental and social issues	Colonial First State Global Asset Management (CFSGAM) made another significant investment in its implementation of the Principles for Responsible Investment (PRI) undertaking a globally recognised training program for the direct infrastructure team, a first for fund managers in Australia.
31 May 2010	CFSGAM launches Global Soft Commodity Share Fund	Colonial First State Global Asset Management (CFSGAM) has launched a Global Soft Commodity Share Fund providing investors with exposure to companies that are involved in the production, distribution, marketing and trading of soft commodities.
30 April 2010	Key appointment for Sustainability and Responsible Investment	Colonial First State Global Asset Management (CFSGAM) has appointed Nicholas Edgerton to the newly created role of Manager of ESG Research and Engagement.
20 April 2010	First State Investments launches Global Agribusiness Fund to offshore range	Colonial First State Global Asset Management's Hong Kong operations, First State Investments (HK) Limited announced today that it has launched an additional fund to its offshore product range.
9 April 2010	First State Investments bolsters Asian business	First State Investments has announced a number of senior appointments across sales, product and key leadership positions in its Asian business as it continues its expansion in the region. Colonial First State Global Asset Management operates as First State Investments outside of Australia and New Zealand.
31 March 2010	CFSGAM appoints ASSET4 as ESG research provider	Colonial First State Global Asset Management (CFSGAM) has appointed ASSET4, a Thomson Reuters business, as its new environmental, social responsibility and governance (ESG) research provider. ASSET4 will support CFSGAM’s commitment to integrate ESG considerations into its investment processes across all asset classes. David Dixon, Chief Investment Officer at CFSGAM, said: “The appointment of ASSET4 means our investment teams will have some of the world’s best quality ESG data and tools to help them make the best possible investment decisions for our clients.”
24 March 2010	Franking Credits – Is it time to stop the chase?	Chasing franking credits may lead to investors achieving lower after tax returns, research from Colonial First State Global Asset Management has revealed. It challenges the effectiveness of franking credits in maximising tax efficiency and argues that franked dividends generally do not provide investors that pay tax with tax-effective returns on their investment.
19 February 2010	First half 2009 corporate governance and engagement update	With more than A$70 billion invested in Australian and global equities, entities within the Colonial First State Global Asset Management division of the Commonwealth Bank of Australia are significant shareholders on behalf of our investors in many listed companies around the world.
15 September 2009	CFSGAM climbs ladder in PRI ratings	Colonial First State Global Asset Management’s continued focus on sustainability and responsible investment has resulted in significantly improved scores in the latest United Nations Principles for Responsible Investment (PRI) survey.
23 June 2009	Joanna Davison appointed Regional MD	Colonial First State Global Asset Management announced today that Joanna Davison has been appointed Regional Managing Director Australia & New Zealand with effect from 29 June 2009.
1 June 2009	Sustainable property guide launched	The sustainable property guide was launched at an event held with the Department of Environment and Climate Change. Neil Cochrane, Deputy CEO and Global Head of Business Development, and Penny Sharp, Parliamentary Secretary, spoke at the launch. Read a transcript of Neil Cochrane's speech.
18 May 2009	Responsible investment report launched	As part of its ongoing commitment to integrate Environmental, Social and Governance issues into its investment processes, Colonial First State Global Asset Management has launched its second annual responsible investment report. The report outlines the business's progress towards implementing the United Nations Principles for Responsible Investment.
1 April 2009	Colonial First State Global Asset Management tops Mercer's first rating of ESG practices	Colonial First State Global Asset Management has topped the list in Mercer's first rating of environmental, social and governance (ESG) practices for fund managers in emerging markets. The rating was a part of a global survey commissioned by the International Finance Corporation (IFC), a member of the World Bank Group.
19 February 2009	Colonial First State Wholesale Global Emerging Markets Sustainability Fund now available to Australian investors	The Colonial First State Wholesale Global Emerging Markets Sustainability Fund was today launched in Australia. With a disciplined approach to investing in sustainable companies in emerging economies, the Fund is the first of its kind in the Australian market. The Fund is managed by Colonial First State Global Asset Management’s award-winning Asia Pacific and Emerging Markets team who are based in Edinburgh, Hong Kong and Singapore.
2 February 2009	Appointment of new Head of Investment Markets Research	Stephen Halmarick has joined Colonial First State Global Asset Management as Head of Investment Markets Research, becoming its key spokesperson to media and clients on economic and broader financial market issues. With a career spanning more than 23 years, Mr Halmarick was most recently Managing Director and Co-Head of Citigroup’s Economic and Market Analysis department for Australia and New Zealand.
16 December 2008	Australian Equities, Core information ratio ranks number one in Intech October 2008 survey.	The Colonial First State Wholesale Australian Share Fund, Core has been ranked number one for its information ratio over three and five years in October’s Intech Sector Funds Performance Survey. This result, out of 60 managers (three years) and 52 managers (five years), is testament to the effectiveness of the Australian Equities, Core investment philosophy and process
10 December 2008	Colonial First State Property Management recognised for excellence in shopping centre development	Colonial First State Property Management (CFSPM) was recognised with an award last week at the ICSC International Design and Development Awards for global excellence in the design and development of retail properties.
9 December 2008	Brisbane Airport named Capital City Airport of the Year and world’s best water saver	Brisbane Airport has been named Capital City Airport of the Year by the Australian Airports Association. The awards are voted by more than 8 million passengers at more than 190 airports worldwide. Brisbane Airport was also named world’s best water saver in the 2008 International Water Association awards in Europe and Best Airport Asia-Pacific in the prestigious Syktrax Awards. Brisbane Airport is a cornerstone investment in two Colonial First State Global Asset Management infrastructure funds. The CFS Global Diversified Infrastructure Fund is currently accepting new commitments from institutional investors. Colonial First State Global Asset Management is committed to achieving Responsible Investment improvements across its suite of investment funds.
8 December 2008	Two international awards for Sylvia Park shopping centre, Kiwi Income Property Trust's flagship retail asset	The innovative design and development of Sylvia Park shopping centre has been recognised for the second time this year with a Merit Award at the International Council of Shopping Centres (ICSC) Design and International Development Awards presented in Phoenix, Arizona last week. ‘It is a huge honour to be recognised amongst the best shopping centres in the world,’ says Chris Gudgeon, Chief Executive, Kiwi Income Property Trust. Sylvia Park is the largest shopping centre in New Zealand and Kiwi Income Property Trust’s flagship retail asset.
5 December 2008	Key industry appointments for sustainability team to the Investor Group on Climate Change and Green Building Council of Australia	Amanda McCluskey, Head of Responsible Investment and Sustainability has been appointed Deputy Chair of the Investor Group on Climate Change (IGCC) and Rowan Griffin, Head of Sustainability for Property and Alternative Investments, has been appointed as a Director of the Green Building Council of Australia (GBCA). Amanda and Rowan's appointments demonstrate the high regard with which they are held in the investment community in relation to environmental, social and government issues and the excellent work the broader business has done implementing the Principles for Responsible Investment.
18 November 2008	Colonial First State Global Asset Management lands over US$130 million in new investments to its media fund	Colonial First State Global Asset Management has announced over US$130 million of new investments into its FS Media Works Fund I, L.P. – bringing the fund to an initial close. The First State Media Works Fund I, L.P, launched earlier this year, has attracted high profile international end investors including a leading Australian based investment manager and a number of major North American institutional investors and private wealth managers, in addition to the Commonwealth Bank of Australia.
20 October 2008	Colonial First State Property Management recognised for shopping centre development and marketing excellence	Colonial First State Property Management (CFSPM) won six awards last week at the annual ICSC Asia Shopping Centre Awards in Macau. The awards recognise excellence within the region’s shopping centre industry and honour outstanding achievements in marketing, design and development of retail properties.
9 September 2008	DPIF signs lease at Rydalmere	Colonial First State Global Asset Management’s Direct Property Investment Fund (DPIF) has announced it has signed a new 11-year lease with Trivett commencing 1 September 2008, for a 6,000sqm distribution facility at its Cumberland Green Industrial Estate, Rydalmere, NSW.
3 September 2008	Jimmy Choo to open in Melbourne's iconic Chadstone Shopping Centre	Glamorous accessories maker Jimmy Choo has announced plans to open a store at Chadstone Shopping Centre. This will be the first time that the luxury brand, which is favoured by celebrities across the globe, will open its doors in Melbourne.
2 September 2008	DPIF sells Richlands property	Colonial First State Global Asset Management’s Direct Property Investment Fund (DPIF or the ‘Fund’) has sold an industrial property at 616 Boundary Road, Richlands, Queensland, for a price of $15 million to Border Express Pty Ltd.
27 August 2008	Sustainability team bolstered	As part of its ongoing commitment to integrating Environmental, Social and Governance (ESG) issues into its investment processes, Colonial First State Global Asset Management has bolstered its sustainability team with the appointment of two new senior industry hires. Rowan Griffin has been appointed to the role of Head of Sustainability for Property and Alternative Investments and Amy Hogan to the role of Sustainability Manager – Property.
26 June 2008	Mark Lazberger appointed CEO of Colonial First State Global Asset Management	The Commonwealth Bank announced today that Mark Lazberger has been appointed Chief Executive Officer of Colonial First State Global Asset Management with effect from 1 September 2008. He has a broad background in global funds management and distribution, with excellent experience in Europe, Asia and Australia. Mr Lazberger is currently based in London as President, International and Executive Vice President of State Street Global Advisors (SSgA), the world’s largest institutional asset manager.
27 May 2008	Colonial First State Global Asset Management wins two Property Council of Australia Innovation and Excellence Awards	Two properties in the listed property funds managed by Colonial First State Global Asset Management, Commonwealth Property Office Fund (CPA) and CFS Retail Property Trust (CFX), have taken out top awards in the Property Council of Australia's annual Innovation and Excellence awards.
21 May 2008	Investors support three-year extension to Commonwealth Property Hotel Fund	Unitholders today elected to extend the term of Colonial First State Global Asset Management’s flagship direct hotel property fund, Commonwealth Property Hotel Fund (CPHF), by three years to May 2011. The new agreement also enhances CPHF’s alignment and operating agreement with Marriott.
8 April 2008	Jones Lang LaSalle and Colonial First State Property Management enter into a Joint Venture to form Sandalwood Pte Limited	Jones Lang LaSalle Incorporated (NYSE: JLL), and Colonial First State Property Management have entered into a joint venture partnership to capitalise on the premium retail property opportunities in Asia. The 50:50 joint venture company, named Sandalwood Pte Limited (‘Sandalwood’) will be the first integrated retail development and management service provider to operate across Asia.
1 April 2008	Two new appointments for the Global Resources team	Colonial First State Global Asset Management has boosted its global resources team with two new appointments. The global resources team now has ten members who manage over A$6.3 billion in long only and long short options.
17 March 2008	Warwick Negus to complete his term as CEO of Colonial First State Global Asset Management	The Commonwealth Bank announced today that Warwick Negus, CEO of Colonial First State Global Asset Management, will complete his term as CEO at the end of his three year contract on 1 June 2008.
11 March 2008	Retirement of Tony FitzGerald and appointment of Tony Adams as Co-head of Global Fixed Interest and Credit	As a result of Mr FitzGerald’s retirement, Colonial First State Global Asset Management is delighted to announce that, effective 1 July 2008, current Senior Portfolio Manager, Tony Adams, will take over the role of Co-head of Global Fixed Interest and Credit.
30 January 2008	Commonwealth Property Office Fund (CPA) publishes inaugural sustainability report	In recognition of its responsibilities as one of Australia's largest owners of institutional-grade office accommodation, the CPA sustainability report will provide an annual update on the progress of initiatives to improve operating efficiencies, enhance tenant engagement and foster tenant-landlord partnerships.
22 January 2008	Colonial First State Global Asset Management engages Innovest Strategic Value Advisors	As part of its ongoing commitment to further integrate environment, social and governance (ESG) risk assessment into the investment processes, Colonial First State Global Asset Management has engaged third party research providers, Innovest Strategic Value Advisors.
17 January 2008	Chadstone Shopping Centre first Australian centre to reach $1 billion in sales	Colonial First State Property Management (CFSPM), one of Australia’s largest property management and development groups, today announced that Chadstone Shopping Centre is the first Australian shopping centre to reach $1 billion in annual sales, reaffirming its position as the number one shopping centre in Australia.
26 November 2007	Colonial First State Global Asset Management acquires United Utilities Electricity	Colonial First State Global Asset Management has led a consortium in the successful acquisition of United Utilities Electricity Limited (UUE), one of only 14 regulated electricity distribution networks in England, Wales and Scotland, and will be the only such asset directly owned by infrastructure investors.
1 November 2007	Launch of Australian Share Alpha Plus Fund - Core	Colonial First State Global Asset Management has launched the Colonial First State Wholesale Australian Alpha Plus Fund - Core. This fund aims to provide long-term capital growth with some income by investing predominantly in a broad selection of Australian companies, as well as taking short positions in order to invest more and expand investment returns. The Fund will invest long and short in Australian equities, primarily within the S&P/ASX 100 Accumulation Index, and may also use derivatives to obtain market exposure.
24 October 2007	First State Media Group set to launch media fund	First State Media Group announced today that it will launch its first media fund, FS Media Works, to Australian and international institutional investors by the end of 2007. First State Media Group is Colonial First State Global Asset Management’s media funds management joint venture.
16 October 2007	Surfers Paradise Marriott Resort and Spa wins sustainability award	The Surfers Paradise Marriott Resort and Spa, which is owned by the Commonwealth Property Hotel Fund, has been awarded a prestigious sustainability award announced at the Hotel Investment Conference Asia Pacific (HICAP) in Hong Kong on Friday 12th October.
13 September 2007	Colonial First State Global Asset Management adds to Australian Equities, Growth team	Colonial First State Global Asset Management has appointed Greg Galton to the role of Head of Research in the Australian Equities, Growth team. Mr Galton will be responsible for the management of the equity analysts in the Australian Equities, Growth team. He will also be actively involved in the portfolio decision making process.
15 August 2007	Danny Latham to head European Infrastructure Investment team at Colonial First State Global Asset Management	Colonial First State Global Asset Management continues to build on its global infrastructure investment capacity with the appointment today of Danny Latham as Head of Infrastructure Investment, Europe.
2 August 2007	Marcus Fanning appointed Head of Australian Equities, Growth team	Colonial First State Global Asset Management has appointment Marcus Fanning to the role of Head of Australian Equities, Growth team.
28 June 2007	Colonial First State Global Asset Management appoints two senior specialists to its global infrastructure team	Colonial First State Global Asset Management has further bolstered its global infrastructure investment team with the appointments of former GasNet Chief Executive Officer, Christine O’Reilly, and Toll Group/Pacific National Commercial Manager Chris McArthur.
20 June 2007	Colonial First State Global Asset Management bolsters global transaction capability	Colonial First State Global Asset Management is pleased to announce the establishment of Transactions and Capital Projects teams for the United Kingdom and New York, increasing the business’ global transaction capability.
6 June 2007	Colonial First State Global Asset Management and CRI Australia join forces to create new property development funds	Colonial First State Global Asset Management and CRI Australia today announced the establishment of a joint venture which proposes to launch a series of unlisted closed-end diversified property development funds targeting investment opportunities throughout Australia.
5 June 2007	Colonial First State Global Asset Management appoints Head of Business Development, Australia	Colonial First State Global Asset Management today announces the appointment of Anthony (Tony) McFadyen to the new role of Head of Business Development, Australia.
4 June 2007	Colonial First State Global Asset Management launches $885 million CMBS issue	Colonial First State Global Asset Management will seek to raise A$885 million through a new, multi-borrower Commercial Mortgage Backed Securities issuance.
1 June 2007	Launch of Global Listed Infrastructure Securities Fund	Colonial First State Global Asset Management has launched the Colonial First State Wholesale Global Listed Infrastructure Securities Fund. This Fund offers wholesale and institutional investors the opportunity to invest in listed infrastructure securities with Australia’s largest fund manager for the first time. More information on the Fund
14 May 2007	Colonial First State Global Asset Management announces First State Media Group joint venture and acquisition of major music copyright catalogue	Colonial First State Global Asset Management has laid the groundwork for the launch of an innovative media focused investment fund. It has entered into an agreement to purchase a major music copyright catalogue comprising substantially all of the music copyrights originally assembled by DreamWorks Music Publishing LLC.
27 March 2007	Colonial First State Global Asset Management appoints two analysts	Colonial First State Global Asset Management has appointed two property securities analysts in the US. Based in New York, and previously with UBS Global Asset Management, Barry Oxford has joined Colonial First State Global Asset Management as Senior Portfolio Manager, and Marc Lederman as Portfolio Manager.
12 March 2007	Colonial First State Global Asset Management appoints Jeremy Edmonds to the team	Colonial First State Global Asset Management is pleased to announce the appointment of Qantas Superannuation Chief Executive, Jeremy Edmonds to the key role of Business Development Manager.
7 March 2007	Colonial First State Global Asset Management makes key appointments as focus on international infrastructure grows	Colonial First State Global Asset Management today announced the appointment of Stephen Vineburg as Global Head of Infrastructure Investment and Perry Clausen as Head of Infrastructure Investment, Australia.
5 March 2007	Colonial First State Global Asset Management's China joint venture raises RMB 9 billion on its maiden fund launch	First State Cinda Fund Management Company Limited, the joint venture between Colonial First State Global Asset Management (CFSGAM), and China Cinda Asset Management Corporation, is pleased to announce the successful launch today of its first equities fund for the Chinese market, the First State Cinda China Leaders Growth Equity Fund (the Fund).
1 March 2007	Colonial First State Global Asset Management commits to the United Nations' Principles for Responsible Investment	1 March 2007: Colonial First Global Asset Management has today become a signatory to United Nations' Principles for Responsible Investment (UN PRI), a voluntary program which encourages best practice in environmental, social and corporate Governance issues.
30 January 2007	FIVE YEARS AND RUNNING: local presence and alpha philosophy hedge funds' performance	Colonial First State Global Asset Management's hedge funds team has recently celebrated its flagship fund of hedge funds - the Wholesale Global Diversified Fund - clocking up a five-year track record.
10 January 2007	First State Global Equities team appointment	First State Investments today confirmed the further strengthening of its Global Equities team with the appointment of Premal Pajwani as Global Healthcare Analyst, based in London.
10 January 2007	Colonial First State Global Asset Management builds foundations for Listed Infrastructure Securities Fund	Colonial First State Global Asset Management is pleased to announce the appointment of Peter Meany to the new position of Head of Listed Infrastructure Securities.
27 November 2006	Colonial First State Global Asset Management appoints Chief Executive Officer, First State Investments (UK)	Colonial First State Global Asset Management announces the appointment of Charlie Metcalfe to the role of Chief Executive Officer, First State Investments (UK).
9 November 2006	Appointment of Tony Gilchrist, Head of Development, Colonial First State Property Management	Colonial First State Property Managment announces the appointment of Tony Gilchrist to the role of Head of Development.
9 October 2006	Revised offer for AWG PLC	Osprey has acquired 13,723,744 AWG Shares representing approximately 9.64 per cent. of the existing issued share capital of AWG at a price of 1578 pence per share. Therefore, as at the time of this announcement, Osprey owns 30,053,446 AWG Shares representing approximately 21.11 per cent. of the existing issued share capital of AWG.
16 August 2006	Colonial First State Global Asset Management appoints Head of Colonial First State Property Management and Head of Australian Listed Property Funds	Colonial First State Global Asset Management today announces the appointment of Darren Steinberg to a role as Head of Colonial First State Property Management and Head of Australian Listed Property Funds, Property and Alternative Investments.
15 August 2006	GasNet Australia Group (ASX: GAS) agrees to recommend $418 million offer from Colonial First State Global Asset Management	Colonial First State Global Asset Management today announced its intention to make a recommended offer to acquire all of the stapled securities in GasNet Australia Group (GasNet) for $2.88 cash per stapled security.
8 June 2006	Colonial First State Global Asset Management appoints Global Head of Business Development and Deputy CEO	Colonial First State Global Asset Management today announces the appointment of outgoing Retail Employees Superannuation Trust (REST) Chief Executive Neil Cochrane as its new Global Head of Business Development and Deputy Chief Executive Officer.
5 June 2006	Colonial First State Global Asset Management confirms its participation in a consortium considering a possible offer for BAA	Following the market speculation in the United Kingdom, Colonial First State Global Asset Management, the asset management division of the Commonwealth Bank of Australia confirms that it is a member of the Goldman Sachs led Consortium that is reviewing its options in relation to a possible offer for BAA plc.
16 May 2006	New name for Gandel Retail Management	Colonial First State Global Asset Management today announced that its recently acquired retail property management business, formerly known as Gandel Retail Management (GRM), will be renamed Colonial First State Property Management.
27 March 2006	New Head of Wholesale Property Funds	Colonial First State Global Asset Management announced the appointment of Tim Stringer as Head of Wholesale Property Funds for Property and Alternative Investments.
22 March 2006	New Head of Global Equities	Colonial First State Global Asset Management announced that Habib Subjally will take up the role of Head of Global Equities from April 2006.
20 January 2006	New Head of Property Securities	Colonial First State Global Asset Management today announced John Snowden as its Head of Property Securities.
19 October 2005	Formation of Property and Alternative Investments Group	Colonial First State Global Asset Management today announced the formation of a new division to be called Property and Alternative Investments, bringing together the established businesses of Direct Property, Infrastructure and Private Equity.
26 May 2005	Commonwealth Bank announces Warwick Negus as CEO of Colonial First State Global Asset Management and the acquisition of minority stake in 452 Capital	The Commonwealth Bank today announced that Warwick Negus has been appointed Chief Executive Officer of Colonial First State Global Asset Management (CFS GAM) and will formally take up this role on 1 June 2005. The formation of CFS GAM was announced in February 2005 and consists of the funds management teams from Colonial First State and First State International, with a sole focus on investment management.
25 February 2005	Commonwealth Bank re-aligns its Wealth Management business	The Commonwealth Bank today announced changes to its wealth management business. David Murray, CEO in announcing the changes said, "The wealth management business is integral to the long term future of the Bank."
		¹The BRIC nations include: Brazil, Russia, India and China. ^*Goldman Sachs coined the term N-11 and determined the country list.²The N-11 consists of: Bangladesh, Egypt, Indonesia, Iran, Korea, Mexico, Nigeria, Pakistan, the Philippines, Turkey and Vietnam.