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Showing 1101 - 1110 of 3369 results for "Mandate"

WTW launches first Australian-domiciled fund, names RE

ELIZA BAVIN  |  MONDAY, 4 NOV 2019
... in search of the right support, knowledge and expertise to be successful in the local market." "This is a significant mandate with one of the world's leading asset consultants, reinforcing Perpetual Corporate Trust's position as the leading provider ...

Cbus chief opposes default longevity requirements for CIPRs

KANIKA SOOD  |  FRIDAY, 1 NOV 2019
... retirement income system should require retirees to manage longevity risk, however Cbus would caution against the move to mandate a one size fits all approach to retirement income products," Atkin said. Atkin said this seems to be the approach that comprehensive ...

Macquarie wealth fees income down 14%

KANIKA SOOD  |  FRIDAY, 1 NOV 2019
Macquarie bank's income from wealth management fees fell 14% in the six months to September end compared to the same period last year, while the bank pivots its advice business to focus on high-net-worth clients. Macquarie collected $144 million ...

US manager eyes Aussie retirement income

KANIKA SOOD  |  WEDNESDAY, 30 OCT 2019
... its fixed income and equities strategies to superannuation funds and wholesale investors. To this end, it has just won a mandate in a multi-manager portfolio, Terrain says. But in the year and a half since its first visit, Thornburg sees greater opportunity ...

Industry fund awards admin mandate

HARRISON WORLEY  |  MONDAY, 28 OCT 2019
Australia's largest open defined benefit superannuation fund awarded an administration technology mandate to IRESS. ESSSuper has signed an agreement with IRESS which will see the technology firm install an automated administration service - Automated ...

NAB fixed income sales director moves to BOC

KANIKA SOOD  |  FRIDAY, 25 OCT 2019
Bank of China hired a former NAB and FIIG fixed income sales director for its Sydney offices as it sees its Australian business grow. Mark Todd is joining Bank of China as its head of fixed income sales. In his most recent role, Todd was a director ...

Industry fund awards $200mn mandate

HARRISON WORLEY  |  FRIDAY, 25 OCT 2019
A $51 billion industry superannuation fund awarded a $200 million property mandate to Industry Super Property Trust. The HESTA Healthcare Property Trust will invest the amount across Australia's healthcare sector, with the ISPT mandate. The fund ...

Zurich secures mandate from $8b super fund

ELIZA BAVIN  |  FRIDAY, 25 OCT 2019
Zurich has been awarded a group insurance mandate from an industry super fund worth $8 billion. The mandate was awarded by Queensland-based Energy Super and is the first given to the insurer since it acquired OnePath Life in June this year. Head of ...

Whistleblower calls out approved product lies

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
A new paper on the consumer impact of Approved Product Lists (APLs) claims institutionally-aligned Australian Financial Services Licensees (AFSLs) are funneling new clients into in-house products, potentially in breach of Best Interest Duty obligations. ...

WA Super awards $20mn mandate

HARRISON WORLEY  |  TUESDAY, 22 OCT 2019
... million WA Impact Fund, a new impact investment fund which will invest only in Western Australian opportunities, with a mandate to achieve "commercial returns" and measureable, intentional environmental and social benefits. The fund is set to work with ...