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Showing 331 - 340 of 3359 results for "Mandate"

BT outsources to SS&C Technologies

KARREN VERGARA  |  TUESDAY, 10 SEP 2024
BT awarded SS&C Technologies a unit registry services mandate as it outsources the function to the technology and services provider. SS&C's Managed Fund Administration will provide investor servicing and unit registry services for 88 BT funds. BT ...

VanEck to launch defence ETF

ANDREW MCKEAN  |  MONDAY, 9 SEP 2024
VanEck will list a global defence exchange-traded fund (ETF) this Thursday on the ASX. The VanEck Global Defence ETF (ASX: DFND) will offer exposure to a portfolio of companies across sectors such as aerospace and defence, and electronics equipment ...

Future Fund annual return 'very strong'

ANDREW MCKEAN  |  WEDNESDAY, 4 SEP 2024
... wealth fund's total value to $224.9 billion. This performance lifts its 10-year average annual return to 8.3%, exceeding a mandate target of 6.9%. Future Fund chief executive Raphael Arndt said the strong result reflects the work done over the past few ...

CFS reviews Ironbark mandate

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
Colonial First State (CFS) is reviewing its mandate with Ironbark Asset Management, which recently decided to sever ties with Royal London Asset Management (RLAM), whose former investment team left to set up a new Pinnacle Investment Management affiliate. ...

Clime posts $3.8m loss

ANDREW MCKEAN  |  FRIDAY, 30 AUG 2024
... to its continuing operations, increased to $1.6 billion from $1.3 billion due to a $240 million investment management mandate. As previously reported by Financial Standard, Madison Financial Group and WealthPortal were divested in June; funds under advice ...

CLSA penalised over data mistakes

MATTHEW WAI  |  FRIDAY, 30 AUG 2024
CLSA Australia paid a penalty of $144,300 in relation of an infringement notice for failing to provide correct regulatory data to the relevant market operator. The infringement noticed, given by Markets Disciplinary Panel (MDP), considered that from ...

J.P. Morgan lands custody services mandate with industry fund

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
... our suite of global custody and fund administration services to Vision Super," Paparo said. J.P. Morgan also secured a mandate last month to become the custodian for Spirit Super, which will be the successor fund to CareSuper, which J.P. Morgan has served ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... future-focused regulator that retains its best-practice standing amongst global peers and continues to deliver on its core mandate of ensuring the safety and stability of Australian financial system."

Insignia Financial books $185m loss, halts dividends

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
The costs associated with the wealth giant's transformation and increased remediation provisions have resulted in a $185.3 million net loss and the need to pause dividends as it undertakes a strategic review. Releasing its full-year results to the ASX ...

Qualitas shines in FY24, Charter Hall contracts

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
Private credit continued to buoy Qualitas' performance in the 2024 financial year while Charter Hall contracted against a tough real estate sector. Qualitas reported a 46% jump in total funds under management (FUM) to $8.9 billion thanks to several ...