Colonial First State (CFS) has now exceeded $20 billion invested in CFS managed accounts, while also announcing a series of platform enhancements to better meet the needs of advisers. It currently offers managed accounts from 59 portfolio managers and is expanding its international managed account series, having already added international equity options from Walter Scott, Franklin Templeton, and Watershed earlier this year. The milestone comes as research by the Institute of Managed Account Portfolios (IMAP) finds funds under management in managed accounts in the six months to 30 June reached $256 billion, with inflows over the period of $16.7 billion. Frances Taylor, executive director of managed accounts at CFS, said: “Surpassing $20 billion invested into CFS Managed Accounts reflects the benefits financial advisers are realising from our significant investment in managed accounts infrastructure, expertise, and broad menu options. We hope that our stock research and market insights will support advisers with ideas and information as they navigate the Australian equity market.”