Colonial First State has terminated an emerging market mandate with T Rowe Price for its FirstChoice Emerging Markets portfolio and appointed London-based firm Origin Asset Management.
"I can confirm the changes, but won't be able to give any more details," CFS head of FirstChoice Investments Scott Tully said.
According to the company's website, T Rowe Price managed 30 per cent of the portfolio.
The changes affect the wholesale investment fund, as well as the Personal Super and Pension Employer Super options.
In December last year, CFS also made changes to the emerging markets manager line-up.
At that time, it appointed Wells Capital Management and Fisher Investments to manage $83 million and $68 million respectively.
The fund had about $350 million in funds under management at the time.
