Record roll-up expected for Mothers Day Classic

More than 22,000 people, many of whom work in the funds management industry, are expected to take part in the annual Mothers Day Classic walk/run on May 14.

The record roll-up will be helped by the event’s expansion into Tasmania, with an inaugural Hobart ‘Classic’ being given a lot of support by local media, according to organisers. Other cities to host the ‘Classic’ are Sydney, Melbourne, Brisbane and Adelaide. The major sponsor is Members Equity Bank. Other sponsors include CMSF, funds manager Marvin & Palmer, PricewaterhouseCoopers, Brooks and Investment & Technology magazine. The event is organised by Women In Super. With this year’s tally, Mothers Day Classic will have raised more than $2 million for the National Breast Cancer Foundation. Tomorrow is the last day companies can register teams at the ‘early bird’ discount prices. The ‘Classic’ also tends to attract a few celebrities. This year, former world champion runner Melinda Gainsford-Taylor is expected to beat most of the field in Sydney, while Olympic gold medallist swimmer Duncan Armstrong will probably also take the run in his stride in Brisbane. Further information: www.mothersdayclassic.org

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The twin forces rewriting the rules of investing

Portfolios built for the old world will be severely tested as emerging forces rewrite the rules of investing. The Top1000Funds.com Fiduciary Investors Symposium heard that geopolitical and macroeconomic upheaval, together with the disruption wrought by AI, should force asset owners to rethink the structure and composition of portfolios.

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