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UBS makes private wealth strategy shiftBY ALLY SELBY | MONDAY, 14 SEP 2020 12:45PM
UBS has announced a shift within its $3.6 trillion (US$2.6 trillion) global wealth management business, set to see the wealth manager advise private clients to invest in sustainable assets over more traditional solutions.
Read more: UBS, Crestone Wealth Management, Iqbal Khan, Mark Haefele, Tom Naratil
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An index fund beat out active fund managers in the latest RMetrics rankings, topping the list based on returns and risk-adjusted measures.
The corporate regulator is providing more guidance to financial advisers to help them prepare for their upcoming ongoing fee obligations, due to take effect in less than two weeks.
Industry superannuation fund Rest has hired AMP Capital's former head of global client services and enablement to lead its operations function.
The Australian Securities and Investments Commission (ASIC) has dropped enforcement action against Regal Funds Management following an investigation in 2019.
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