The funds management business of CFSGAM Property operates under Australian Financial Services Licences and as a market participant on two stock exchanges.
Our commitment to corporate governance extends beyond the absolute legal requirements - rather, we operate all of our funds by applying the same standard of governance practice and disclosure, having adopted the ASX Corporate Governance Council's Principles and Recommendations for not only our listed funds, but for all funds.
We utilise a fully integrated risk management and compliance framework across the business structures, including all aspects of funds, portfolio and asset management, development activity and the support functions of finance, treasury, tax, pricing and valuation, reporting and research.
Our Risk Management and Compliance team combines a dedicated group of experienced staff, and includes company secretariat professionals, risk management and compliance expertise, and is supported through the corporate entity structures of compliance committees, audit committees and boards, the majority of whose members are independent of CFSGAM and the Commonwealth Bank of Australia.
Each year, full corporate governance disclosure reporting is provided in the listed fund annual reports and, separately, reports are provided for the wholesale property business as well, being the equivalent disclosure used for listed funds.
Our public websites include detailed information about boards, committees, the integrated risk and compliance framework, policies and audit practices.