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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
The former managing director of business development at QIC is taking on a new role with private markets investment firm Northleaf Capital Partners.
According to new analysis, stock picks which became popular on Facebook, Reddit and Twitter were almost guaranteed to see investors lose money.
Contango Asset Management is expanding its distribution capabilities in appointing a new lead and head of retail.
Evalesco Financial Services recently finalised the acquisition of former Association of Financial Advisers national president Marc Bineham's advice firm.
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