Colonial looking at another good year
Colonial First State is looking on target for another strong performance year, fol-lowing two consecutive years as Money Management’s Fund Manager of the Year.
Colonial First State is looking on target for another strong performance year, fol-lowing two consecutive years as Money Management’s Fund Manager of the Year.
In the first eight months of this year, Colonial tops the list of balanced pooled funds recording a 9.4 return, according to Intech.
However, two of Australia’s big four banks are snapping at Colonial’s toes. Both ANZ and Westpac have returned 8.5 this calender year.
Other high performers for this calender year include MLC in fourth position and AMP Balanced Growth in fifth.
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