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Schroders adjusts fund return targetsBY ANNABELLE DICKSON | MONDAY, 1 FEB 2021 12:21PM
The fund manager has lowered its real return funds' targets as a result of low interest rates and bond yields and the impact of the pandemic on economies around the world.Read more: Schroder Real Return, Schroders, Tim Hallam
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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