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Showing 21 - 30 of 2968 results for "mandate"

Pallas Capital, Ares launch $500m lending fund

CHLOE WALKER  |  THURSDAY, 29 FEB 2024
... Gallen added that Pallas is excited to expand this business with Ares as a funding partner. "Taking this wider lending mandate to the market allows us to target larger loan sizes and a wider range of loan solutions to better meet demand from our borrower ...

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
... relation to tackling climate change. MSC maintains that all investments by the fund were consistent with this objective and mandate." According to its website, Bloom "eliminated" potential investments in fossil fuels, saying "our 'Climate Solutions' ...

Major decline in group insurance coverage: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
The Association of Superannuation Funds of Australia (ASFA) has reported a sharp decline in group insurance coverage, pointing the finger at recent reforms. ASFA research indicates that the implementation of the Protecting Your Super (PYS) and Putting ...

Rest awards impact mandate

RACHEL ALEMBAKIS  |  TUESDAY, 27 FEB 2024
Rest is $150 million closer to reaching its impact investment target after allocating to a listed equity fund. Rest has invested in an international listed equities strategy run by Ninety-One, which "aims to achieve long-term total returns by investing ...

HSBC wins $23bn in admin, custody mandates

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
... may be turning its fortunes around, growing its assets under custody and administration by close to 40% with two fresh mandate wins. According to the latest Australian Custodial Services Association (ACSA) statistics, HSBC Custody Nominees added more ...

Bragg calls for another Financial System Inquiry, critiques ASIC, APRA

ANDREW MCKEAN  |  FRIDAY, 23 FEB 2024
... Council of Financial Regulators. Emphasising the urgency of an inquiry, Bragg alleged that ASIC has deviated from its sole mandate to enforce Australia's corporate law. "ASIC says its enforcement record is stronger than ever, on the basis that they have ...

JANA wins mandate from public sector super fund

ANDREW MCKEAN  |  THURSDAY, 22 FEB 2024
... (RBF). Following an extensive procurement process supported independently by Deloitte, the asset consultant was awarded the mandate by the Superannuation Commission, the trustee of RBF, to help manage the public sector fund's $2.1 billion in defined ...

Aussies do not underspend in retirement, say super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
Australians are not underspending in retirement and are typically exhausting all their savings, research shows, sparking a call for advice reforms to be expedited, allowing contributions to be made in retirement, and no mandated use of annuities by ...

Fund manager awards custody mandate

KARREN VERGARA  |  TUESDAY, 20 FEB 2024
... has named Citi Securities Services as its new custodian and fund administrator. Ausbil Investment Management awarded the mandate following incumbent custodian NAB Asset Servicing (NAS) exiting the market. NAS has referred some of its clients to Citi ...

UniSuper buys up Deer Park site

RACHEL ALEMBAKIS  |  THURSDAY, 15 FEB 2024
... UniSuper said. The purchase was negotiated by GPT, as part of an approximately $3 billion separate account direct property mandate with UniSuper. UniSuper, together with GPT and developer HB+B Property will "progressively develop the site as a super ...