Business Services Industry
CFS realigns property mandates.
Australasian Business Intelligence, June, 2005
Jun 20, 2005 (Investor Weekly - ABIX via COMTEX)
Colonial First State (CFS) has terminated its arrangement with Deutsche Asset Management. CFS removed Deutsche from its FirstChoice property securities multi-manager fund. The $A300 million mandate was given to specialist property securities manager Pengana Capital. Scott Tully, head of investments at FirstChoice, said CFS decided to review Deutsche's mandate after the departure of Andrew Stubing from Deutsche and the merger of Deutsche Paladin and Deutsche Sentinel Property Securities.
Publication Date: 16 June 2005
COLONIAL FIRST STATE INVESTMENTS LIMITED:
COMMONWEALTH BANK OF AUSTRALIA - ASX CBA:
DEUTSCHE ASSET MANAGEMENT LIMITED:
PENGANA CAPITAL LIMITED:
DEUTSCHE...
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