Ask A Fund Manager: Eley Griffiths' Nick Guidera says the investment world is at a 'very interesting' point right now and could be pushed widely either way.
ASIC named and shamed more responsible entities in need of improving their oversight of investment managers marketing practices, raising concerns over five funds totalling about $705 million in assets.
<p><span>An ongoing ASIC surveillance of managed funds has raised concerns that some responsible entities must do more to meaningfully oversee the way in which their funds are marketed to investors. </span></p>