Colonial First State Global Asset Management is the consolidated asset management division of the Commonwealth Bank of Australia. It brings together the investment expertise formerly within Colonial First State Investments, Colonial First State Property and First State Investments.
Colonial First State Global Asset Management is Australia's largest asset manager of Australian-sourced funds, employing more than 180 investment professionals located in Sydney, London, Edinburgh, Singapore and Hong Kong. It manages more than $119 billion across a diverse range of asset classes including Australian and global shares; cash, fixed interest and credit' property securities, hedge funds, direct property, private equity, infrastructure and global resources.
Colonial First State Custom Solutions is widely regarded as a leading provider in tailored ‘white label’ and ‘private label’ solutions to financial planning dealer groups and institutional investors. Our platform was named Australia's best overall platform in the annual Investment Trends Platform Report survey for 2012.
We offer tailored solutions across investments (IDPS), superannuation, pension and managed account services.
With over 10 years of experience in the platforms market, we currently administer assets in excess of $15 billion on behalf of some of Australia’s leading financial planning networks.
In June 2000, the Colonial group of companies merged with the Commonwealth Bank of Australia creating the most diversified financial services organisation in Australia. The Colonial Mutual Life Assurance Society Limited ABN 12 004 021 809 is the administrator/insurer for a range of personal superannuation, corporate superannuation, retirement income, investment and insurance products. These products are serviced by independent financial advisers and financial advisers associated with the Commonwealth Bank Group. Life insurance products from the Commonwealth Bank Group are managed under the CommInsure brand.
Colonial First State is a subsidiary of the Commonwealth Bank of Australia ("the Group"). In early 2002, the investment management operations of Commonwealth Investment Management were integrated with Colonial First State. The combined organisation is now an integral part of the Group's strategy as a total financial services provider.