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Showing 321 - 330 of 3364 results for "mandate"

CBA's conviction on December rate cut has 'dipped'

ELIZA BAVIN  |  FRIDAY, 18 OCT 2024
... date for the first reduction in the cash rate, we stick with our call," Aird said. Aird noted that the RBA has a dual mandate to keep inflation within the 2% to 3% range and reach "full employment". "There is no numerical target around what constitutes ...

Perpetual remuneration report cops first strike

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
... quarter delivering close to $4 billion in net inflows and while part of this result is attributable to a short-dated cash mandate, it is nonetheless pleasing to see the strong result, as well as an improvement in net outflows in both the offshore J O ...

Mandate appointments sink to new lows

ANDREW MCKEAN  |  THURSDAY, 17 OCT 2024
... into freefall, according to the latest Rainmaker Information research. NFP super funds and investment managers made 76 mandate appointments in the year to June 2024, 51% fewer than the previous year. A decade earlier, there were an estimated 391 mandate ...

JANA awarded mandate for $2bn construction leave scheme

MATTHEW WAI  |  THURSDAY, 17 OCT 2024
JANA Investment Advisers will now provide asset consulting services for LeavePlus, a $2 billion portable long service leave scheme for Victorian construction industry workers. Formerly known as CoINVEST, LeavePlus administers the scheme for 280,000 ...

GSFM hires retail business head

KARREN VERGARA  |  TUESDAY, 15 OCT 2024
GSFM has recruited a new head of retail business who will join the multi-boutique from Warakirri Asset Management. Ben Williams officially starts on October 21 and will report to GSFM chief executive Damien McIntyre. He replaces Stephen Fletcher, who ...

Australian Food Super picks TAL for group insurance

JAMIE WILLIAMSON  |  TUESDAY, 1 OCT 2024
... industry superannuation fund has transitioned its group insurance arrangements to TAL. It marks the end of a five-year mandate with AIA, which took over as the fund's group life insurer in September 2019 from MetLife. Effective September 1, the mandate ...

GQG breaches SEC whistleblower protection laws

KARREN VERGARA  |  FRIDAY, 27 SEP 2024
GQG Partners was hit with a US$500,000 fine by the US Securities and Exchange Commission (SEC) for violating whistleblower protection laws via the use of non-disclosure agreements (NDAs). The watchdog found NDAs the fund manager entered with 12 potential ...

Soul Patts sees profits slide 28%

ELIZA BAVIN  |  THURSDAY, 26 SEP 2024
... of long-term commitment to building value, strength in conviction when making investment decisions, and unconstrained mandate to invest where we can extract the highest quality returns, continues to deliver for our shareholders," Barlow said. "Over the ...

Industry funds dominate ASX

ANDREW MCKEAN  |  WEDNESDAY, 25 SEP 2024
The largest industry superannuation funds hold a substantial portion of the entire market capitalisation of the Australian Securities Exchange (ASX). The "big eight" industry funds - AustralianSuper, Australian Retirement Trust (ART), Aware Super, UniSuper ...

Fed cut will not move the dial for RBA

ELIZA BAVIN  |  FRIDAY, 20 SEP 2024
... reduction this year would seem to hinge on a rapid deterioration in the labour market," Miller said. "The RBA too has a dual mandate but at this stage is faced with relatively "stickier" inflation and arguably a better-performed, if fragile, labour market. ...