Former abrdn manager joins boutique NZ firm; CFS’ investment sales director joins Platinum

Former head of Australian equities at abrdn, Michelle Lopez, has joined a boutique fund manager.

After almost seven years at Colonial First State, most recently as director of investment sales, John Steele has moved over to Platinum Asset Management.

Finalists for the Responsible Investment Fund of the Year at the 2023 Fund Manager of the Year awards have spoken to Money Management about what has helped their performance over the last 12 months.

ETF provider Betashares has expanded its offering to New Zealand and will launch five ETFs in the country for advisers and investors.

Ahead of the 2023 Fund Manager of the Year Awards on 22 June, Money Management spoke to finalists of the Australian Fixed Income Fund of the Year.

Asset allocators are cutting their exposure to both cash and equities as they await a meaningful downward surprise to interest rates.