Schroders has created the role of chief investment officer, Australia, while also making two leadership appointments within its multi-asset and fixed income teams.
The low returns offered by cash and fixed income presents a headache for conservative superannuation funds but there is still a place for it in portfolios.
Conservative investors must accept lower returns morningstar.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com.au Daily Mail and Mail on Sunday newspapers.