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 |
Editor's Choice
Asena Family Office adds chief investment officer
The local arm of the US-based Asena Family Office has snared the high-profile John Likos as its investment chief.
US election to add to inflation woes: Experts
No matter who wins the US election this week, markets are preparing for the effects of more inflationary policy.
Former super fund investment chief in new gig
Former Australian Catholic Super investment chief Michael Block has landed at Bellmont Securities, the boutique portfolio manager and broker.
FAAA moves to combat adviser shortage with new partnership
The Financial Advice Association Australia (FAAA) has entered a memorandum of understanding (MoU) with the Financial Planning Standards Board (FPSB) India as it attempts to bridge the adviser gap.
Further Reading
Products
Expert Feed
Industry Events
Your Opinion
Who will win the US presidential election?
Featured Profile
Tim Van Klaveren
HEAD OF AUSTRALIAN FIXED INCOME
UBS ASSET MANAGEMENT (AUSTRALIA) LTD
UBS ASSET MANAGEMENT (AUSTRALIA) LTD
UBS Asset Management's Tim Van Klaveren learned early in his career the value of formulating his own opinions and not following the crowd, Andrew McKean 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.