As I&T News draws to a close for another year, 2008 has proven no exception to the rule that our readers love stories about people moves – be they appointments or disappointments.
Zurich Financial Services has revamped its Australian equities line-up for its diversified funds and is close to signing up two global managers in exclusive arrangements for its sector funds.
Funds management fees will drop by up to a third and platform fees by up to half over the next few years as competition in the mezzanine sector of the industry intensifies and the main players seek ever more scale.