Colonial First State
About Colonial First State
Colonial First State is one of Australia's leading wealth management groups, with more than $145 billion under management globally. Colonial First State provides investment, superannuation and retirement products to individuals as well as to corporate and superannuation fund investors.
Funds managed
- Australian Fixed Interest Multi-Blend (with other managers)
Key personnel
Warren Bird, Co-head of Global Fixed Interest & Credit
Warren has been with Colonial First State since February 1997. Since that time he has overseen the growth in the Colonial First State fixed interest area from just over $1 billion under management to more than $40 billion that is invested across the full range of fixed interest securities. In 2006, he also assumed responsibility for Colonial First State's global fixed interest business, with offices in London and Hong Kong, as well as Sydney.
Chris Kourt, Senior Portfolio Manager (Fixed Interest)
Chris is one of the senior members of the fixed interest team, with particular responsibility for day to day management of all maturities bond funds and oversight of the dealing function for the team. Chris has been with Colonial First State since June 1995.
Why Advance selected Colonial First State
Colonial First State uses derivatives to manage the duration exposure of the portfolio. This allows Colonial First State to focus on security selection separate to duration decisions that take advantage of the interest rate cycle. Colonial First State's disciplined approach to corporate debt investment, controls risk through careful selection and monitoring combined with broad diversification. The increased credit risk of corporate debt means these investments have the potential to deliver higher returns over the medium term compared to government bonds.
