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Colonial expected to make changes to funds team.(First State Investments)(Brief Article)

By George Liondis

COLONIAL First State could be forced to make radical changes to its team of fund managers after investors were told to hold off from investing in both the group's Australian and international equity funds in the space of a week.

In the latest damaging news for Colonial, the Morningstar research house placed a 'hold'rating on the group's international share funds.

And the result could have been worse for the Commonwealth Bank-owned fund manager, with Morningstar shelving plans for an even lower rating, 'avoid', after Colonial gav

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