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Showing 1111 - 1120 of 3372 results for "Mandate"

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 ...

Robeco launches new fund

ELIZABETH MCARTHUR  |  MONDAY, 21 OCT 2019
... managed by Robeco's Quant Allocation team headed by Guido Baltussen and Pim van Vliet. Zurich recently awarded Robeco a mandate for its diversified funds. Zurich head of savings and investments Matthew Drennan said: "Robeco has a strong history in factor ...

Future Fund returns 1.9% for the quarter

KANIKA SOOD  |  MONDAY, 21 OCT 2019
... Future Fund received a $7.8 billion investment from the government which is being deployed in line with its investment mandate. The Aboriginal and Torres Strait Islander Land and Sea Future Fund ("ATSILS Fund") established in February has returned 1.3% ...

Hong Kong hedge funds suffering: Report

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
As protests continue in Hong Kong, hedge funds based in the region have seen the first negative net outflows recorded by the industry in a decade. Small to medium-sized funds, overseeing up to US$500 million in assets, have "bore the brunt" of investor ...

Dealer group awards investment mandate

KANIKA SOOD  |  THURSDAY, 17 OCT 2019
Marty Switzer's Contango Asset Management has won a mandate from a financial advice dealer group. Lifespan Financial Planning made a $20 million inaugural allocation to a global large cap strategy managed by WCM Investment Management. WCM is headquartered ...

Challenger director jumps to global manager

KANIKA SOOD  |  THURSDAY, 17 OCT 2019
... Macquarie Bank. HarbourVest is headquartered in Boston and in the past, has in the past won a USD $50 million private equity mandate from Telstra Super.

Fees down across asset classes: Report

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2019
... for active global equity mandates have fallen by 7% since 2013 and 4% since 2016. Median quoted fees for a $100 million mandate currently sit at 55 basis points, with reductions particularly notable for the lower quartile. The report, Investment Management ...

First State Super enters global equities partnership

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2019
The $100 billion superannuation fund has awarded a $500 million multi-factor mandate to a global manager that will also provide the fund with research and development support. HSBC Global Asset Management has been awarded the mandate and will also provide ...