Editor's Choice
Antipodes acquires boutique manager
Antipodes has acquired a fund manager specialising in Asian equity and fixed income strategies that has about $170 million in assets under management.
The funds delivering up to 30% returns: Mercer
Mercer released its investment performance charts, revealing the top 10 funds delivering massive returns.
ClearBridge launches first local global equity fund
ClearBridge Investments has launched its first global equity strategy in Australia as it looks to introduce more in the future.
Plenary Group sells 49% stake to ADQ
Abu Dhabi sovereign wealth fund ADQ has acquired a 49% stake in Plenary Group as it marks its first investment in an Australian company.
Further Reading
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Featured Profile
Fiona Mann
HEAD OF LISTED EQUITIES AND ESG
BRIGHTER SUPER
BRIGHTER SUPER
Brighter Super head of listed equities and ESG Fiona Mann was shaped by a childhood steeped in military-like discipline and global nomadism. Andrew McKean writes.
At stake is really the sabotaging of the excellent work of Real Financial Advisers who always have the interests of clients at heart (otherwise they will walk away) versus the interests of those Unionists and ex Labor Politicians (more than 300 of them) who get income as Trustees/Directors of Industry Funds. Industry Funds give NO ADVICE, do not check clients' Risk Profiles, hold franking credits for general admin expenses rather than directing them to the clients who took a risk earning the credits, take on risky investments by way of direct property and alternatives, provide poor returns compared with those which we give our clients, and (eg MTAA) misclassify asset allocations as "balanced". Industry Funds ARE NOT IN THE BEST INTERESTS OF INVESTORS. FOFA needs to be abandoned altogether! Industry funds need to be shut down! Keep lobbying COMRADES, I mean, COLLEAGUES!
well said