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Showing 1021 - 1030 of 3369 results for "Mandate"

Future Fund not buying the oil dip

KANIKA SOOD  |  THURSDAY, 30 APR 2020
Oil prices crashed to record low last week but Australia's $162 billion sovereign wealth fund says it has no plans to buy the dip. Last Monday, immediate contracts for WTI crude fell into the negative territory. The drop prompted the US government to ...

BNY Mellon IM boutique heads for ASX mFunds

KANIKA SOOD  |  TUESDAY, 28 APR 2020
Insight Investment is listing a multi-asset fund on the ASX's mFunds marketplace, in a first for BNY Mellon's boutique partners. The Insight Diversified Inflation Plus Fund invests across equities, bonds, real assets and total return strategies ...

Future Fund falls 3.4% in March quarter

KANIKA SOOD  |  MONDAY, 27 APR 2020
... JobKeeper payments and SME rental relief among other measures. "Our job is just to invest for the legislation and the mandate and that's what we continue to do," Arndt said. "We haven't been asked...and we think the best way we can help the government ...

COVID-19 clogs custody mandate pipeline

ELIZABETH MCARTHUR  |  FRIDAY, 24 APR 2020
... admitted. "What about new business activity where you're in the process of winning? Yes. There's some slowdown in mandate-type decisions," O'Grady said. Listed platform Xplore Wealth recently delayed its transition to J.P. Morgan until 1 May ...

Calls for super funds, government to collaborate on energy security

KANIKA SOOD  |  THURSDAY, 23 APR 2020
The federal government on Wednesday took advantage of the low oil prices to establish Australia's first sovereign energy reserve, and superannuation funds can help, according to an expert. Energy minister Angus Taylor said the government will buy ...

AMP bleeds $18 billion

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
The market damage of COVID-19 saw AMP's wealth management arm shed more than $18 billion during the first quarter. COVID-19 has left AMP around $18 billion shorter than it was at the beginning of the year, with the economic impact of the pandemic hitting ...

Pendal reports $3.9bn in outflows, slips below $100 bn

KANIKA SOOD  |  TUESDAY, 14 APR 2020
Investors pulled out $3.9 billion from Pendal Group's strategies in the March quarter, led by Westpac redeeming about $1.3 billion in February as it consolidates its superannuation products. Pendal Group went from managing $101.4 billion at December ...

Bravura secures new mandate

ELIZA BAVIN  |  MONDAY, 6 APR 2020
Bravura Solutions has announced it has secured a new mandate for the use of its Garradin platform. Futurity Investment Group has chosen Garradin platform to support its new range of education bonds. Bravura said Futurity is a member-owned organisation ...

SS&C secures platform mandate

HARRISON WORLEY  |  MONDAY, 6 APR 2020
US investment management software provider SS&C has been awarded a mandate to manage the wealth management platform of a local third-party investment administrator. Xplore Wealth has selected SS&C's global wealth platform (GWP) to underpin the entirety ...

Is it time to lean on the Future Fund?

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... funding the stimulus spending, including for early release withdrawals, according to Oliver. "Future fund has a different mandate, for unfunded government liabilities across defined benefit schemes. It's not a superannuation fund but more like an ...