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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
The industry fund will close its basic cash option on August 13, as it sees returns dry up.
The head of Asia Pacific for the Canada Pension Plan Investment Board has been promoted, with a replacement yet to be confirmed.
A former BT Financial Group executive will take the reins of Centrepoint Alliance from today.
Robo adviser Six Park has lowered its minimum investment to just $2000, down from the $10,000 minimum it had at the start of 2020.
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