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Showing 1091 - 1100 of 3372 results for "mandate"

Industry fund awards $100m mandate

KANIKA SOOD  |  WEDNESDAY, 27 NOV 2019
A global manager distributed in Australia by Credit Suisse has won a $100 million allocation from an industry fund as it initiates a position in distressed debt. The $10 billion Australian Catholic Superannuation and Retirement Fund has made an inaugural ...

Superestate eyes property mandates

HARRISON WORLEY  |  WEDNESDAY, 27 NOV 2019
Superestate is looking to expand its presence beyond superannuation offerings, with an eye to managing direct residential property mandates for large investors. Superestate chief executive Grant Brits has revealed the future of the firm will lie in ...

Industry still shy of flat dollar fees: Frontier

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2019
... "Anecdotally, this has also assisted with a reduction in fees as managers reduce fees as part of the negotiation to retain a mandate." The report suggests that the general view is that investors are not willing to pay active management fees for managers ...

Pendal Group yanks equities mandate

KANIKA SOOD  |  TUESDAY, 26 NOV 2019
Pendal Group has pulled nearly $460 million from an international equities manager, as it hands over the management of three funds to its in-house team. AQR Capital Management managed three funds for Pendal. These are the Pendal core hedged global share ...

Industry fund appoints new group insurer, ups indirect fee

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2019
... same time, the fund has increased its indirect administration fee. Intrust Super recently awarded its group insurance mandate to AIA Australia, ending its 15-year relationship with Hannover Life Re. The mandate change was effective September 28, with ...

Retail fund renews insurer, cuts premiums

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
... is trimming premiums by about 20%. Virgin Money Super has renewed OnePath Life for three years starting December 1. The mandate is for death, total and permanent disablement (TPD) and income protection (IP) cover. The fund is managed by Mercer and operates ...

IRESS wins technology mandate

KANIKA SOOD  |  TUESDAY, 19 NOV 2019
An international stockbroker with offices in Sydney and Melbourne has integrated with IRESS for trades in global equities and ETFs. PhillipCapital is eyeing ease of access to international securities for Australian financial advisers and their clients ...

MLC Life wins group insurance mandate

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2019
MLC Life continues to grow its group life insurance business, taking home a new mandate. From next year, MLC Life Insurance will be the local insurer for Generali Employee Benefits (GEB) for its multi-national clients. The insurer will provide group ...

Remediation bill tops $10b: ASIC

ELIZA BAVIN  |  MONDAY, 18 NOV 2019
ASIC said its current tally for remediation provisioning is now "well above" $10 billion, but only $660 million has been returned to 1.2 million consumers. Speaking at the FINSIA: The Regulators 2019 conference, ASIC deputy chair Karen Chester said ...

FS Roundtable: Striking the perfect balance

KARREN VERGARA  |  THURSDAY, 14 NOV 2019
... (ex Japan) Michael Martel summed up the current environment at play: "I don't know of any central banks that have a mandate to stabilise capital markets, but they all seem to be doing it right now." "The unintended or intended consequence is that ...