Global asset manager Colonial First State Group Asset Management (CFSGAM) has rolled out two new tax-aware equity income funds, Financial Standard reports. Building on the firm’s existing Wholesale Equity Income Fund and tax-aware investment capabilities, the funds have been launched to draw more investors.

The Colonial First State Global Asset Management Wholesale Equity Income Fund - Superannuation and the Wholesale Equity Income Fund - Tax Exempt funds will be overseen by the existing team of senior portfolio manager Rudi Minbatiwala and portfolio manager Jason Moodie. The superannuation fund aims to attract superannuation investors, whereas the tax exempt vehicle has been developed for zero taxpayers comprising charities, pension funds and some government-related entities.

Click here for the story from Financial Standard.