CFS issues $270m global fixed interest mandate

asset management fund manager colonial first state

London-based fund manager H2O Asset Management has picked up a $270 million global fixed income and currency mandate from Colonial First State for its FirstChoice multi-manager funds.

The manager was sourced through Apostle Asset Management, and is one of their newest affiliates.

Apostle’s director of sales, Richard Borysiewicz said H20’s fixed interest capabilities have found strong resonance in international markets, with this being their first Australian mandate.

H20 was launched in July last year in partnership with Natixis Asset Management by Bruno Crastes and Vincent Chailley, formerly of Amundi Asset Management.

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