Corporate governance is concerned with the way corporations and entities are governed, as distinct from the way businesses and companies are managed on a day to day basis.
Colonial First State Asset Management (Australia) Limited (CFSAMAL)
The following information applies to those funds for which Colonial First State Asset Management (Australia) Limited (CFSAMAL) is responsible.
CFSAMAL corporate governance policy
Corporate governance updates
Second half of 2009
First half of 2009
Second half of 2008
August 2008
March 2008
August 2007
March 2007
August 2006
Commonwealth Managed Investments Limited (CMIL)
Commonwealth Managed Investments Limited (CMIL) is the Responsible Entity of CFS Retail Property Trust (CFX) and the Commonwealth Property Office Fund (CPA). CMIL is a wholly owned subsidiary of the Commonwealth Bank of Australia.
The corporate governance practices of CMIL for its listed funds, CFX and CPA, are in place throughout the reporting period and are fully compliant with the Australian Securities Exchange (ASX) Corporate Governance Council’s Principles and Recommendations. CMIL has opted for early adoption of the Revised Corporate Governance Principles.
The following information is provided in accordance with the second edition of the Principles, released in August 2007:
CMIL and its corporate governance practices - Listed funds (CFX)
CMIL and its corporate governance practices - Listed funds (CPA)
CMIL corporate governance report, June 2008 - Unlisted funds
From 30 June 2008, CMIL has adopted corporate governance disclosures for its unlisted managed investment schemes equivalent to those applicable to Australian Securities Exchange (ASX) listed schemes. As a licensed entity responsible for managing investments, we are furthering our commitment to best practice corporate governance standards and increasing transparency for unitholders in our unlisted property and infrastructure funds. Where applicable, we will adhere to the same standards as those outlined in the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations released in August 2007 (2nd Edition). In doing so, we believe we are setting a benchmark for the broader unlisted funds management industry.
CFS Managed Property Limited (CFSMPL)
CFS Managed Property Limited (CFSMPL) corporate governance report, June 2008 - Unlisted funds
CFS Managed Property Limited (CFSMPL) is the Responsible Entity of a number of registered and unregistered managed investment schemes. CFSMPL is a wholly owned subsidiary of Commonwealth Bank of Australia.
From 30 June 2008, CFSMPL has adopted corporate governance disclosures for its unlisted managed investment schemes equivalent to those applicable to Australian Securities Exchange (ASX) listed schemes. As a licensed entity responsible for managing investments, we are furthering our commitment to best practice corporate governance standards and increasing transparency for unitholders in our unlisted property and infrastructure funds. Where applicable, we will adhere to the same standards as those outlined in the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations released in August 2007 (2nd Edition). In doing so, we believe we are setting a benchmark for the broader unlisted funds management industry.
