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Hearts and Minds but no ratingsBY ALLY SELBY | TUESDAY, 21 JUL 2020 12:29PM
Listed impact investment vehicle Hearts and Minds Investments has returned more than 26% on a 12-month basis, while also donating $4.1 million to medical research. Yet, the fund has faced major roadblocks when it comes to receiving a rating.Read more: Hearts and Minds Investments, Zenith, Black Dog Institute, Caledonia Investments, Charlie Teo Foundation, Cooper Investors, Independent Investment Research, Lonsec, Magellan Financial Group, Morningstar, Paradice Investment Management, Regal Funds Management, Rory Lucas, TDM Growth Partners
Lifecycle MySuper was a better bet than single strategy default funds for members below 40 years of age in FY21 as the equity markets rebounded after COVID, according to Rainmaker Information.
The advice group has appointed a head in Queensland, reporting to chief executive Terry Dillon.
Australia's exchange traded product market reached $115 billion at the end of June 2021, increasing 76% in 12 months - but according to Rainmaker research, only a small portion of that growth came from performance.
The chair of Clime Investment Management and one of its shareholders are calling for the removal of long-serving executive Neil Schafer.
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