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Showing 1171 - 1180 of 3372 results for "mandate"

AMP loses mandate to AustralianSuper

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
AMP has lost a workplace superannuation fund contract to AustralianSuper. Australia Post has selected AustralianSuper as its new default super fund provider following pressure from the Communications Workers Union (CWU), the representative of postal ...

Two LICs set to merge

KARREN VERGARA  |  WEDNESDAY, 19 JUN 2019
Two Australian equities listed investment companies are set to merge to create a $137.2 million entity. Clime Capital (CAM) has made an offer to acquire CBG Capital (CBC) under an off-market takeover bid. CBG has consequently advised its shareholders ...

AustralianSuper, Link renew mandate

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUN 2019
AustralianSuper has renewed its long-running mandate with Link Group. Australia's largest super fund has extended its relationship with Link for a further four years commencing July 1, with two options for the fund to roll for an additional year ...

Wealth firm trims Aussie shares

KANIKA SOOD  |  FRIDAY, 14 JUN 2019
... managing partner Will Hamilton said. The firm decided to redeploy this in cash and unlisted infrastructure, topping up a mandate it already has with Nicole Connolly's Infrastructure Investment Partners Fund. It is also in talks with a global infrastructure ...

Superannuation fund tweaks fees

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
... product enhancements over the coming months. The fund recently awarded Robeco a $100 million enhanced indexing strategy mandate, which is part of its strategy to restructure its equity portfolios.

Robeco wins super fund mandate

KARREN VERGARA  |  TUESDAY, 11 JUN 2019
Global fund manager Robeco has won an enhanced indexing strategy mandate from a $1.5 billion superannuation fund. Christian Super selected Robeco to manage a $100 million mandate that focuses on an enhanced indexing equities strategy. The strategy is ...

J.P. Morgan wins custody mandate

KANIKA SOOD  |  TUESDAY, 11 JUN 2019
... A global investment manager has extended its custody and funds administration relationship with J.P. Morgan with a new mandate. Neuberger Berman used J.P. Morgan as custodian when it launched its $413 million high-yield fixed income listed investment ...

Downgrade follows fund manager YouTube apology

ELIZABETH MCARTHUR  |  FRIDAY, 7 JUN 2019
... years, Woodford has doubled investors' money, even after the recent falls." UK wealth giant St James's Place terminated its mandate with Woodford Investment Management earlier in the week. Woodford had run the firm's UK High Income Unit Trust, Income ...

SEC adopts retail investor protection package

KARREN VERGARA  |  THURSDAY, 6 JUN 2019
The US Securities and Exchange Commission has adopted a package of fiduciary rules to protect retail investors from financial advisers who put their self-interests first. Under the new rules called Regulation Best Interest and Form CRS Relationship ...

Super fund increases premiums

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
... read. The super fund announced last year it was reducing select insurance premiums after renegotiating its group insurance mandate. It also slashed the administration fee on its pension account.