The latest issue of Financial Standard now available as an e-newspaper
Wholesale funds recover lossesBY ANNABELLE DICKSON | FRIDAY, 9 APR 2021 12:24PM
Wholesale funds finished 2020 with funds under management (FUM) down just 0.1%, recovering almost all the losses experienced as a result of COVID-19, new research from Plan For Life shows.
Read more: Plan For Life, Challenger, Vanguard, IOOF Multimix Balanced Growth Trust, Macquarie Balanced Growth, State Street Global Advisors, Ausbil Balanced Fund, Pendal, QIC, Rainmaker Information, Victoria Funds Management
|Sponsored by BlackRock|
What's next for markets? Watch now & earn CPD
The long serving chair of wealth management firm Morrows is being remembered for his larger-than-life personality and generous spirit following his sudden passing last week.
The superannuation and investing startup has crossed $1 billion in total assets, after more than doubling the number in the last year.
A financial advice industry association, which had been vocal in boycotting the FASEA exam and fighting to retain life commissions, has shuttered.
Former Mutual Trust and AIA Australia chief investment officer Graeme Bibby has joined a wealth management firm.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|