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| | | AustralianSuper has redefined its $270 million socially responsible investment (SRI) mandate with Perpetual Investments from a strict exclusion approach to a broader best-of-sector strategy. The changes, which occurred this month, mean AustralianSuper's ... |
| | | | ... report to investors next month. Meanwhile, Marion Kraemer, head of mortgages, income and multi sector - mortgages at Perpetual Investments, said the firm's investment team is not concerned about the possibility of further bad debts its mortgage portfolio. ... |
| | | | Perpetual caps the year with its third acquisition in private wealth, which takes the division's total funds under advice (FUA) to $8.5 billion. This week Perpetual bought Melbourne-based advisory firm Fordham Group for $35 million, a deal that is expected ... |
| | | | ... as voluntary administrators to the firm. According to an ASX statement released on Tuesday, the announcement follows Perpetual removing over $1.5 million from Mahogany's bank accounts in October. The funds were taken out to pay their past legal fees ... |
| | | | Perpetual and Telstra Super have each bought more than one million ordinary shares in Treasury Group, which means both groups hold a five per cent voting share in the boutique incubator. Both groups bought more than 1.1 million of ordinary shares in ... |
| | | | ... hold' and rated 'three stars' while MLC's Wholesale Property Securities fund was upgraded from three to 'four stars'. Perpetual's Wholesale Property Securities fund was taken 'off hold' and awarded a 'two stars' rating and Zurich Investments' Aust Property ... |
| | | | ... Pacific led the wealth managers higher, rising 20 cents, or 3.5 per cent, to $5.88. AMP added seven cents to $6.22, Perpetual jumped $1.05, or three per cent, to $35.70 and investment bank Macquarie Group gained 56 cents, or 1.2 per cent, to $49.03. ... |
| | | | John Nesbitt, the former head of Private Wealth at Perpetual, has joined Suncorp-Metway as chief financial officer. Nesbitt will be replaced by acting joint heads of Private Wealth, Paul Ryan and Shailendra Singh. "John Nesbitt has a long career in ... |
| | | | ... and this is all happening when ageing populations and government deficits come closer and closer together," he said. Perpetual's head of investment market research, Matthew Sherwood, agrees. "The most prominent risk 12 months ago was private sector balance ... |
| | | | Perpetual has promoted Michael Miller, former chief financial and operating officer in Perpetual Investments Business Services, as group executive of its superannuation and investment solutions business. Miller has worked at Perpetual for eight years ... |
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