New Head of Global Resources named for CFSGAM

Colonial First State Global Asset Management (CFSGAM) has announced the promotion of Todd Warren to the role of head of global resources, effective 1 July 2017.

As well as leading the global resources team, Warren will assume the role of lead portfolio manager of the CFS Global Resources Fund.

Warren is currently co-portfolio manager for the CFS Wholesale Global Resources Fund and other global resources long-only mandates. He has spent more than 18 years with CFSGAM, including a six year secondment to the firm's London office.

He succeeds Joanne Warner, who is retiring from funds management in August 2017 after 20 years as portfolio manager within the global resources team.

Commenting on the changes, CFSGAM's chief investment officer, equities, David Dixon, said: "We look forward to this next stage of the team's development under Todd's leadership. This is the culmination of a long-standing succession plan, carefully mapped out by Joanne, Todd and me to ensure the team is best placed to successfully manage their portfolios and continue to generate attractive returns for clients post the leadership succession."