The mass affluent market could be big, but it isn’t big enough for everyone to win
Plus, Natixis and Generali’s tie-up, climate fund outflows, and Ernst Ludwig Kirchner at Lugano’s Museo d’arte
Case relating to collapsed developer sheds light on the often-opaque dealings between property firms and affluent overseas clients
Flows to Vanguard vehicles more than doubled helping it to account for 31% of the total flows of A$30.8bn
Sales fall after four-year boom and sector suffers net redemptions, Morningstar data shows