21 September 2017 14:51
The Commonwealth Bank has sold its beleaguered life insurance business CommInsure to AIA and announced a series of other sweeping changes, including a strategic review of Colonial First State Global Asset Management (CFSGAM).
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CFSGAM, comminsure, AIA Australia, Life insurance, CBA
Ryan Riedler, head of ASX core strategy, Australian equities at Cbus, says the fund will look to generate alpha locally through engagement and that internalisation will help it strengthen its connection with other market participants, as well as its brokers and service providers.
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