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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
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Dimensional's sustainability suite is being expanded with the introduction of a new emerging markets fund with an ESG filter.
Pendal chief executive Nick Good says the firm is not ruling out future acquisitions, as it finalises its $414 million purchase of US value-oriented manager Thompson, Siegel and Walmsley.
The Victoria government's LaunchVic is looking for a fund manager to run a $120million startup fund.
The Association of Financial Advisers (AFA) has raised concerns about the cost of the government's proposed Compensation Scheme of Last Resort and the fact that super funds and managed investment schemes are excluded from the proposed regulation.
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