Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 272 results for "Endowment"

Old challenges push asset managers to inflection point: Citi

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
Asset managers continue to face existential challenges amid the rise of passive funds, fee compression and difficulty in generating alpha, a new report from Citi shows, forcing them to rethink their business models and value propositions in the future. ...

Ascalon hires from SCM, Zenith and GQG

ELIZABETH FRY  |  MONDAY, 16 JUN 2025
... Management, and Ankura Capital. In the new role, Flygare will consult to private wealth, family office, institutional and endowment clients. Noting that the advice market continues to evolve, Hawke said Ascalon Capital was founded to deliver institutional-grade ...

CFS awards global equities mandate

KARREN VERGARA  |  TUESDAY, 27 MAY 2025
Colonial First State (CFS) has awarded a global equities mandate to a US$160 billion fund manager. US fund manager Brown Advisory has won the mandate to oversee the global equities strategy available on FirstChoice, debuting on May 24. The option - ...

Bill Gates to shutter Gates Foundation in 2045

JAMIE WILLIAMSON  |  FRIDAY, 9 MAY 2025
... expect the foundation will spend more than $200 billion between now and 2045. This figure includes the balance of the endowment and my future contributions," Gates said. "Over the next 20 years, the Gates Foundation will aim to save and improve as many ...

Northern Trust survey reveals what's testing asset owners

ANDREW MCKEAN  |  MONDAY, 14 APR 2025
Northern Trust's inaugural global study of 180 asset owners has mapped the pressures, both internal and external, they expect to face in the coming year. The study canvassed responses from senior leaders from pension funds, multi-managers, outsourced ...

University endowment mandates Osmosis

JAMIE WILLIAMSON  |  TUESDAY, 1 APR 2025
The University of Adelaide Endowment Fund has invested with Osmosis via its Ex-Fossil Fuels Strategy. The University of Adelaide is now one of several endowment funds to place money in the Osmosis strategy, the Resource Efficient Core Equity ex-Fossil ...

Mercer adds to wealth team

ELIZABETH FRY  |  THURSDAY, 13 MAR 2025
Mercer continues to bump up its wealth distribution team by adding two new staffers. Matthew Young and Staten Janes have both been hired as senior sales leaders, based in Sydney. Young joined FIIG Securities, where he was head of intermediary distribution ...

Mercer snaps up Northern Trust AM exec

ELIZABETH FRY  |  THURSDAY, 6 MAR 2025
A Northern Trust Asset Management executive is quitting her post as the head of strategic partnerships for Australia and New Zealand and rejoining Mercer. Amber Morgan was at Northern Trust AM for almost two years developing investment solutions for ...

BNP Paribas wins new custody mandate

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
... the six months to December last year. Over the period, it secured a $4.4 billion mandate from The University of Sydney Endowment Fund and, in late December, locked in a $319.6 billion custody deal with Insignia Financial.

CSC-backed fund manager to launch in Netherlands

ELIZA BAVIN  |  FRIDAY, 28 FEB 2025
... launch Osmosis Investment Management NL in the Netherlands. The Commonwealth Superannuation Corporation and the Oxford Endowment Fund, will own a significant minority share, while Verberk and other key investment professionals will hold a majority interest ...