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Bank rebound buoys Aussie equities fundsBY ELIZABETH MCARTHUR | MONDAY, 19 JUL 2021 12:12PM
The Australian banking sector has rebounded from being among the worst performers of the 2020 financial year to among the best for 2021.
Read more: Mercer, Maple-Brown Abbott Australian Share Fund, AB Managed, Acadian Australian Equity Managed, Bennelong Core Equities, Hyperion Australian Growth, Plato Australian Shares Low Volatility Income, Ronan McCabe, S&P, State Street Australian Equity Fund, Westpac
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Delivering Income from Infrastructure
In another first for Pinnacle Investment Management this week, the firm has set up a North American-based affiliate in a small-cap equities fund manager.
The $65 billion industry superannuation fund has welcomed a head of investment product and communications who has previously held roles with MLC Asset Management and BlackRock.
Mirae Asset Global Investments has appointed Citi Australia as its provider of custody and fund administration services for its Australian funds management business.
The Retirement Income Covenant's introduction to parliament yesterday has been welcomed by major industry bodies.
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