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Showing 271 - 280 of 3364 results for "mandate"

Government to scrap advisers' approved qualifications list

KARREN VERGARA  |  MONDAY, 10 FEB 2025
The federal government is backtracking on one key financial adviser education requirement by scrapping the list of approved qualifications and proposing to allow any bachelor's degree or higher. Assistant treasurer Stephen Jones this morning announced ...

Northern Trust scores mandate for $32bn infra business

MATTHEW WAI  |  WEDNESDAY, 5 FEB 2025
... providing asset servicing solutions to the Australia-based infrastructure firm. The announcement comes shortly after the mandate expansion of the custodian for Igneo's parent company, First Sentier Investor Group, to become its third-party administrator. ...

Future Fund reaches value of $237.9bn

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2025
... environment including the resurgence of geopolitical risks," he said. "In November the government updated the investment mandate for the Future Fund to require the board to have regard to national priorities. The government has also deferred the date ...

Trump orders creation of US sovereign wealth fund

ANDREW MCKEAN  |  TUESDAY, 4 FEB 2025
US President Donald Trump has signed an executive order calling for the creation of a sovereign wealth fund. The executive order directs US secretary of the treasury Scott Bessent, who was sworn in last week by Supreme Court Justice Brett Kavanaugh ...

Canadian pension fund names new CIO

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025
... responsible for the CGF's investment strategy and execution under its semi-independent and arm's length investment mandate. Beaudoin joined PSP Investments' natural resources team in 2012. As head of Asia Pacific and Europe, he oversaw a ...

K2 appoints chief executive, wins mandate

KARREN VERGARA  |  WEDNESDAY, 29 JAN 2025
K2 Asset Management has named a new chief executive and won a $242 million mandate from an unnamed wealth manager. Hollie Wight has been promoted to chief executive after serving as managing director and head of responsible entity (RE) and trustee services ...

Auditors tighten fist on greenwashing

ROSE MARY PETRASS  |  TUESDAY, 28 JAN 2025
The global ethics watchdog has issued fresh directives on judging green claims, with the minutiae still in flux in Australia as mandatory reporting begins for large entities and financial firms. Part of a broad crackdown on greenwashing and ESG-related ...

Atrium winds up global listed infrastructure fund

KARREN VERGARA  |  TUESDAY, 28 JAN 2025
... is managed by Magellan Asset Management, as it was inefficient and costly to operate. The Global Listed Infrastructure Mandate No.1 will cease on January 31. Atrium told investors that "the mandate structure of the fund is not an efficient and cost-effective ...

Climate funds see first year of outflows

ROSE MARY PETRASS  |  FRIDAY, 24 JAN 2025
Global climate funds suffered more withdrawals than deposits in 2024, with net outflows reaching US$24 billion, according to fresh data from Morningstar. In Europe, climate thematic funds experienced the largest outflows of any category during 2024. ...

Bain Capital improves Insignia Financial bid

JAMIE WILLIAMSON  |  THURSDAY, 23 JAN 2025
... accounts offerings. However, while the Antares Fixed Income business saw inflows, they were partially offset by the loss of a mandate - a large European institutional wealth manager - in the Intermede business. Further, the MLC Reinsurance Investment ...