Life and fund managers unite
A new non-profit professional association set to launch this week reflects convergence between the life insurance and fund management sectors.
The former Australian Life Agency Management Association (ALAMA), aimed at "promoting ethical standards and ideals" in the life industry has been expanded to include fund management professionals.
The new group, known as The Australian Investment And Insurance Managers Association (TAIAIMA), kicked off this week with its inaugural meeting at the Melbourne Cricket Ground.
Interim secretary Robert Bonifacio says TAIAIMA has been formed "to assist in the personal development of managers and to keep them abreast of market developments."
Recommended for you
JP Morgan Asset Management has appointed an ETF specialist from Vanguard as it seeks to expand its ETF range.
The alternative asset manager has expanded its Singapore office with a head of Asian distribution, representing a “critical step” for the Asian business, where it is seeking to launch new offerings.
Six Australasian sustainable funds closed in the last quarter, according to Morningstar, while 39 per cent of all strategies saw outflows during the period.
The bank and financial services firm has appointed its next CEO for Australia and New Zealand, while its previous chief for the region takes up a new position.