BWA Managed Investments (BWAMI) is a specialist cash management business, offering a great value cash management solution to financial advisers and stock brokers.
The BWA Cash Management Account (BWA CMA) is a deposit account offered by Bankwest. Investments in the BWA Cash Management Trust (BWA CMT) are offered by Colonial First State Investments Limited ABN 98 002 348 352, AFSL 232468 (CFSIL). Both Bankwest and CFSIL are respectively a division and subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 123 AFSL/Australian credit licence 234945.
Bankwest has appointed CFSIL as the administrator and distributor of the BWA CMA product and BWAMI forms part of CFSIL.
BWAMI was formed in 2004 by Bankwest which became part of the Commonwealth bank in 2008.