Managers struggle to secure positive net flows in FY24BY ANDREW MCKEAN | THURSDAY, 12 SEP 2024 12:51PMA minority of investment managers have had positive net flows over the past year, according to Rainmaker Information. Related News |
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Judith Fiander
CHIEF EXECUTIVE OFFICER
AUSTRALIAN PHILANTHROPIC SERVICES
AUSTRALIAN PHILANTHROPIC SERVICES
When Judith Fiander first walked in the doors of Australian Philanthropic Services her intention was to volunteer for a few months. Fast forward 14 years and she is the chief executive. Eliza Bavin writes.







It's interesting to see all these really clever fund managers talking about addressable markets, economic moats etc etc but they can't (or won't) see that the Australian market has changed. The pie is getting bigger but there's no longer any room for rent seekers. There will only be a dozen big insto super funds left at the end of the consolidation and only boomer advisers are still banging away with active managed funds because their CVP is product based not strategy based.