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
Bentham Asset Management has become the latest fund manager to expand its distribution team as it reports increased interest in its credit strategies.
L1 Capital, which is in talks to merge with Platinum Asset Management, has indicated it will be voting against a deal to convert a Platinum LIC into an ETF.
Evidentia Group has hired a head of quantitative investments who joins the investment firm and managed account provider from AMP.
Fidelity International has worked in tandem with Australian wealth manager Emanuel Whybourne & Loehr to launch an actively managed global equities strategy aimed at financial advisers.
