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Showing 1231 - 1240 of 3372 results for "Mandate"

State government awards super fund mandate

KARREN VERGARA  |  MONDAY, 11 FEB 2019
... Territory Government and Public Authorities' Superannuation Scheme (NTGPASS) awarded Statewide Superannuation a new mandate, replacing AustralianSuper. Statewide will manage the default superannuation of new government employees. From 10 February ...

Life risk commissions must also go: Hayne

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... the review does not identify significant improvement in the quality of advice, the Government stated it would move to mandate level commissions, as was recommended by the Financial System Inquiry." Also read: Hayne's final verdict on grandfathered ...

Janus Henderson pulls out of Aussie equities

KANIKA SOOD  |  THURSDAY, 31 JAN 2019
Janus Henderson Investors is shutting down its Australian equities funds and will return about $490 million of capital to investors. "Over the past 18 months, the manager's Australian equity (AEQ) investment desk has found it challenging to meaningfully ...

Ironbark dumps investment manager

JAMIE WILLIAMSON  |  FRIDAY, 25 JAN 2019
Ironbark Asset Management is replacing the underlying investment manager of one of its funds, saying its strategy is unlikely to benefit investors over the long term. Ironbark is dropping K2 Advisors as manager of its Global Diversified Alternatives ...

Parametric critiques Productivity Commission's final report

HARRISON WORLEY  |  THURSDAY, 24 JAN 2019
... controversial and has hardly been exploited to date." Early in December last year, Parametric won a $200 million custom mandate in global equities from an unnamed super fund.

Ethical investments top mandate appointments

JAMIE WILLIAMSON  |  TUESDAY, 22 JAN 2019
An analysis of the 273 mandate appointments in the year to September 2018 demonstrates the rise of ethical investing. Rainmaker analysis shows ethical or responsible investments were the fastest growing asset class in the 12-month period. Allocations ...

Global multi-boutique eyes Australia

KANIKA SOOD  |  MONDAY, 21 JAN 2019
A $45 billion multi-boutique founded by a former Natixis deputy chief executive is heading down under to win super fund mandates and to potentially buy Australian boutiques. iM Global Partner takes minority, non-controlling stakes in small asset managers ...

UniSuper awards fixed income mandate

KANIKA SOOD  |  FRIDAY, 18 JAN 2019
A Melbourne bond manager won a $180 million mandate from UniSuper as the super fund increased its allocation to fixed income. UniSuper appointed Jamieson Coote Bonds to manage about $180 million in Australian government bonds in November. The mandate ...

ASIC seeks new default super partner

JAMIE WILLIAMSON  |  FRIDAY, 18 JAN 2019
ASIC is on the hunt for a new default superannuation fund for employees but smaller funds need not bother applying. In tender documents the corporate regulator specified it will only consider bids made by super funds with at least $10 billion in assets ...

Equip wins $190m superannuation mandate

KARREN VERGARA  |  MONDAY, 14 JAN 2019
Equipsuper has won a $190 million corporate superannuation mandate that will welcome some Qantas Super fund members. Global air services provider dnata will move 1100 employees, some of which are under a defined benefit scheme, to Equipsuper. It follows ...