Asset management – CFS, from cast-off to market leader

    Headline: Asset management – CFS, from cast-off to market leader Source: Euromoney Date: March 2000 Author: Graham Hand A successful fund manager trapped in an ailing bank, First State was barely part of the equation when the government of New South Wales eventually shrugged off its state bank in 1994. Colonial snapped up […]

    Headline: Asset management – CFS, from cast-off to market leader
Source: Euromoney
Date: March 2000
Author: Graham Hand

A successful fund manager trapped in an ailing bank, First State was barely part of the equation when the government of New South Wales eventually shrugged off its state bank in 1994. Colonial snapped up the group at a bargain price and gave it its head. Graham Hand looks at the rise of CFS, Australia’s second-largest fund manager, and interviews chief executive Chris Cuffe, as it goes international


Greg Perry

While governments worldwide are struggling to cope with problems that will arise because of ageing populations and inadequate pension provision, Australia has led the way with a particularly ambitious programme.






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