The $2.8 billion flagship Schroder Real Return fund is holding its lowest weighting to equities since inception in 2008, as its managers are opting to hold cash for unexpected opportunities instead.

Members of the financial planning industry have shared with Money Management how they believe the Professional Year could be further developed.

A former chief executive of financial planning at ANZ has taken up a role as the head of a major superannuation fund.

MLC has internally appointed two joint heads of the capital markets research team and co-portfolio managers of choice products.

Alternative asset manager Morrison & Co has hired a senior BlackRock executive to join its board as non-executive director.

Financial advice technology provider Asendium has announced a partnership with FYG Planners as a key supplier of advice software.

Nicholas Peach has been appointed APAC head of markets and investments for iShares and index investments at BlackRock.

Investor pessimism is close to a 20-year low thanks to the global banking crisis and in line with sentiment during the Global Financial Crisis, a notable reversal of February’s optimism.

The necessary bailout of the Swiss banking giant has only reiterated the importance of corporate governance, according to portfolio managers at First Sentier Investors.

DASH chief executive, Andrew Whelan, has shared his plans for improving advice technology as the company secures venture funding capital.