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Index fund tops risk-adjusted rankingsBY KARREN VERGARA | WEDNESDAY, 16 JUN 2021 12:34PM
An index fund beat out active fund managers in the latest RMetrics rankings, topping the list based on returns and risk-adjusted measures.Read more: RMetrics, Legg Mason Martin Currie, Macquarie Investment Management, Alphinity, Challenger, Fidelity, Greencape, Pendal Group, Rainmaker, Schroders, T. Rowe Price
Australian super funds growing their in-house asset management teams is having a positive impact on gender equality in investment management, with more women wanting to work with profit-to-member funds than other funds management firms.
AvSuper today advised it has invited a select number of super funds to discuss a potential merger, having determined it would be in the best interests of members to do so.
Fresh proposals from the Australian Law Reform Commission aim to simplify several complex areas of financial advice legislation.
The last sitting day for parliament this year has come and gone without progressing legislation designed to make sure those earning less than $450 a month are paid super.
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