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Showing 381 - 390 of 3359 results for "Mandate"

Super funds slash external mandates by 54%

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
... reveals. Just 156 mandates were allocated by super funds at the end of 2023 across all asset classes, Rainmaker's latest Mandate Chaser report shows. This is significantly down from the 340 total mandates that were awarded at the end of March 2022 ...

Brighter Super seeks fund managers for $500m mandate

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
Brighter Super will invest a further $500 million to build Queensland and is looking for the right fund manager partners to make it happen. The $32 billion super fund today announced it is on the hunt for fund managers to deliver its "Queensland Investment ...

Employees will quit on full return-to-office orders: Survey

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
... a growing number of employers are urging staff to come into the office. "We have even seen some employers starting to mandate five days in the office, but I think this is somewhat unrealistic," Peters said. "Employees need to understand there needs to ...

Australian Ethical snaps up asset manager

ANDREW MCKEAN  |  THURSDAY, 23 MAY 2024
Australian Ethical has struck a deal to acquire Altius Asset Management, the sustainable fixed income business of Australian Unity, a move that will see its funds under management (FUM) swell by $2 billion. The acquisition will see both firms merge ...

Cromwell gets $457m for European funds platform

JAMIE WILLIAMSON  |  THURSDAY, 23 MAY 2024
Cromwell Property Group is selling its European fund management platform, including its Italy Urban Logistics Fund and European REIT, to Stoneweg. Cromwell said the transaction, which is valued at $457 million, is a part of its broader strategy to simplify ...

Equip Super awards custody mandate

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2024
... Super has selected a new custodian and back-office administrator to replace NAB Asset Servicing. Northern Trust won the mandate to provide asset servicing solutions that include global custody, fund administration and portfolio analytics. It replaces ...

NovaPort Capital team calls it a day

JAMIE WILLIAMSON  |  TUESDAY, 21 MAY 2024
The team at small caps manager NovaPort Capital have decided to hang up their boots. A decision was made on May 13 to wind up the small cap Australian equity manager, Fidante told investors, saying the NovaPort team had made the call to close the business. ...

Seven fund managers scoop up First Sentier mandates

KARREN VERGARA  |  MONDAY, 20 MAY 2024
... Diversified Credit option will likely replace the First Sentier Global Credit Income option. Daintree Capital scored a mandate to take over the First Sentier Target Return Income with its Core Income. The First Sentier Equity Income option will dissolve ...

Active Super, Vision Super finally sign transfer deed

JAMIE WILLIAMSON  |  THURSDAY, 16 MAY 2024
... using Vision's Acurity Registration platform, with the funds saying the transition is well underway. This signifies a mandate loss for Link Group, which Active Super has used for more than a decade. "This is an exciting milestone in our merger process. ...

Platinum's FUM dips below $14bn

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
... flagged. This translated to about an $18 million hit to revenue. A Morningstar note from March calculated the massive mandate loss represented about 9% of Platinum's FUM of $15.6 billion at the time. Incidentally, Morningstar cut its fair value estimate ...