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Equity benchmarks too risky amid volatility: SSGABY MARK SMITH | WEDNESDAY, 20 JAN 2016 12:33PM
State Street Global Advisors has urged investors to ignore benchmark weights in favour of a truly active approach amid recent and likely on-going market volatility.
Read more: Index, SSGA, ASX, S&P, State Street Global Advisors, Asia Pacific, Australian Equity Fund, Olivia Engel, Toby Warburton
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The $80 billion fund manager has hired BMO Global Asset Management's Asia Pacific managing director as an executive director as the incumbent retires.
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Wilson Asset Management has responded to allegations by Keybridge Capital, noting the investment manager has already failed twice in previous attempts to obtain orders of this kind.
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The former head of ESG investment research at AMP Capital has taken up a new role.
Fortnum, Centrepoint, Easton Wealth, CountPlus, Fitzpatricks and Paragem have all criticised the Financial Planning Association of Australia's latest policy proposal.
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