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Top News In Rainmaker Information Today - Breaking & Trending Today

Industry fund chief steps down - Vimarsana News

Industry fund chief steps down

The long-standing chief executive of a $6.7 billion industry fund will leave December 1, after nearly two decades at the helm.

Adviser numbers steady, but shortfall predicted - Vimarsana News

Adviser numbers steady, but shortfall predicted

With the number of financial advisers stabilised at around 16,000 after falling 43% from its December 2018 peak, forecasting by Rainmaker Information has sought to determine whether demand for advice over the coming decade can be met.

Cbus appoints new head of infrastructure - Vimarsana News

Cbus appoints new head of infrastructure

Cbus has welcomed a new head of infrastructure, following Alexandra Campbell's promotion to head of private markets and deputy chief investment officer.

Magellan FUM, share price tumble - Vimarsana News

Magellan FUM, share price tumble

Magellan Financial Group's funds under management (FUM) has continued to nosedive, following the fund manager registering $2 billion in net outflows.

Smart beta 'taking over' active management share: VanEck - Vimarsana News

Smart beta 'taking over' active management share: VanEck

Financial advisers are increasingly incorporating smart beta ETFs in clients' investment portfolios, a survey shows.