Colonial First State (CFS) has terminated its mandate with Jenkins Investment Management and added four investment managers to its FirstChoice platform.
Jenkins managed an Australian small companies mandate and was replaced by local fund managers Contango Asset Management and Adam Smith Asset Management.
The platform has also made changes to its fixed interest portfolio, hiring Credit Agricole and Franklin Templeton.
"The manager changes are part of our ongoing manager reviews. We always aim to add value to the portfolio," CFS head of FirstChoice investments Scott Tully said.
