Highlights from Fund Manager of the Year 2011
Last week the financial services industry let its hair down on its gala night to recognise excellence in the sector. Over 340 guests attended the 24th Money Management/Lonsec Fund Manager
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Clime Investment Management has welcomed an independent director to its board, which follows a series of recent appointments at the company.
Ethical investment manager Australian Ethical has cited the ongoing challenging market environment for its modest decrease in assets over the latest quarter.
Commentators have said Australian fund managers are less knowledgeable compared with overseas peers when it comes to expanding their range with ETFs and underestimating the competition from passive strategies.
VanEck is to list two ETFs on the ASX next week, one investing in residential mortgage-backed securities and the other in Indian companies.
