Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1191 - 1200 of 3372 results for "Mandate"

Lonsec to acquire in-house managed account offerings

HARRISON WORLEY  |  TUESDAY, 7 MAY 2019
... from existing managed account providers, while licensees retain the flexibility to use their own branding, investment mandate and platform. Alternatively, they can move to Lonsec's managed portfolios. The firm said it was becoming increasingly difficult ...

Colonial First State awards $170m mandate

KANIKA SOOD  |  TUESDAY, 7 MAY 2019
Colonial First State has awarded a global manager a $170 million mandate to invest in Australian real estate securities. DWS will invest in Australian real estate investment trusts (AREITs) on behalf of CFS under the mandate awarded in the first quarter ...

Industry fund awards group insurance mandate

KARREN VERGARA  |  FRIDAY, 3 MAY 2019
A $51 billion superannuation fund has awarded a group insurance mandate to TAL, ending a 15-year relationship with AIA Australia. Rest entered a Memorandum of Understanding with TAL to provide life insurance from 1 December 2019. TAL will replace AIA ...

Pendal profits plunge, advisers remain positive

KANIKA SOOD  |  THURSDAY, 2 MAY 2019
Pendal Group attracted $100 million net in adviser money in the first half, even as lower performance fees from its funds dragged down the first half results. Pendal reported a cash net profit after tax of $84.5 million, down 26% over 1H18. This slump ...

Chief economist update: Policy of patience

BENJAMIN ONG  |  THURSDAY, 2 MAY 2019
... it best to do nothing but reaffirm its policy of patience, as you, I and Irene expected. "Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to ...

Super fund awards $100m debt mandate

KARREN VERGARA  |  THURSDAY, 2 MAY 2019
Brandywine Global has won a $100 million debt mandate from a $12 billion industry superannuation fund. LGIAsuper appointed the Legg Mason affiliate to manage an emerging market debt portfolio via the Brandywine Global Sovereign Credit Fund. Launched ...

Industry funds announce $26bn joint venture

KANIKA SOOD  |  WEDNESDAY, 1 MAY 2019
... mergers. It has had success in both. Last year a company in the Emirates Group awarded Equip a $190 million corporate super mandate, and about two years ago it completed a merger with Rio Tinto staff fund. "We were able to cut down costs from 120 bps ...

Super fund awards $50m mandate

KARREN VERGARA  |  MONDAY, 29 APR 2019
EG Funds Management has won a mandate from a $9 billion superannuation fund. The real estate investment manager, with $2.1 billion under management, was awarded a $50 million mandate from Tasplan, which will invest the funds in EG's High Income Sustainable ...

Design and distribution law set to impact property funds

ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
The Property Funds Association (PFA) has called the alarm on the Government's recent introduction of product design and distribution obligations that are set to impact unlisted property funds. PFA says that the new legislation could result in fewer ...

Sargon named trustee for new super fund

HARRISON WORLEY  |  TUESDAY, 23 APR 2019
Sargon has been appointed trustee of a new superannuation fund offered by a specialist insurance company. Sargon will act as trustee for the PPS Mutual Super Fund, which has been designed to enable PPS Mutual to offer a "complete" life insurance solution ...