CFS adds fund manager to FirstChoice platform

Talaria Capital has announced that its global equity fund has been added to the Colonial First State (CFS) FirstChoice platform.

Talaria CEO Jamie Mead said the move is an important milestone for the boutique fund manager which he says will create more avenues for global equity investing.

“Talaria’s bottom-up research focus, combined with our 16-plus year track record of delivering consistent income with relatively low market risk, and low volatility has never been more important for investors as they try to navigate through the current market uncertainty,” Mr Mead said.

The Talaria Fund is available via several investment options including FirstChoice Wholesale Investments, FirstChoice Wholesale Personal Super, FirstChoice Wholesale Pension and FirstChoice Pension.

The news comes just weeks after CFS appointed EOS at Federated Hermes to provide engagement, voting and public policy support for its global equity investments.

The appointment will see EOS provide ESG support to nine Australian institutions representing $320.5 billion in assets under advice.

“We believe that active ownership, including engagement with and voting on how a company operates its business, leads to better long-term returns for shareholders and hence our customers,” CFS general manager investments, Scott Tully, said.

In February, CFS announced a revamp of its wrap business, with a new platform expected to launch in late 2022.

The wealth management group said it has appointed FNZ as the platform provider to replace its current solution under its unique platform-as-a-service model, in a bid to lift its competitiveness by creating a “market leading” proposition for financial advisers.

Neil Griffiths

Neil is the Deputy Editor of the wealth titles, including ifa and InvestorDaily.

Neil is also the host of the ifa show podcast.