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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
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The Golden Rules of Commercial Property Investment
IOOF has appointed ClearView's chief risk officer to a newly created role, with ClearView nabbing the former chief of risk for Commonwealth Bank's wealth management arm.
Verve Super has launched a gender diversity index and will subsequently change how it allocates members' funds based on how Australian companies perform against the index.
Plenary has bolstered its funds management business, nabbing seven professionals who all worked on one AMP Capital fund.
The corporate regulator is fighting tooth and nail to make National Australia Bank pay a hefty penalty for charging customers fees in return for no service.
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