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Showing 421 - 430 of 1448 results for "Perpetual"

Perpetual takes stake in US asset manager

JAMIE WILLIAMSON, KANIKA SOOD  |  MONDAY, 27 JUL 2020
Perpetual has acquired a 75% interest in a US-based asset manager. Perpetual has entered an agreement with BrightSphere Investment Group to acquire its stake in $64 billion Barrow, Hanley, Mewhinney & Strauss (Barrow Hanley); a global manager based ...

Fund manager outflows spread into June quarter

KANIKA SOOD  |  THURSDAY, 23 JUL 2020
Outflows at ASX-listed funds management businesses like Pendal, Platinum and Perpetual slowed in June quarter but continued, with Magellan the only one in net inflows. Pendal Group reported net outflows of $2.5 billion in June quarter, followed by $723 ...

Perpetual slashes fees

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... manager will slash fees on nine of its fixed income funds and investment offerings, effective from October this year. Perpetual Investments general manager global distribution Adam Quaife said the management fee reduction comes following a comprehensive ...

Perpetual top brass cop six-month pay cuts

KANIKA SOOD  |  FRIDAY, 17 JUL 2020
Perpetual chief executive Rob Adams and chair Tony D'Aloisio are taking a 20% cut on their base salaries for six months from July 1, as the company also shrinks variable remuneration company-wide in response to COVID-19. The rest of the group executive ...

Perpetual wins government fund mandate

KANIKA SOOD  |  WEDNESDAY, 1 JUL 2020
A new fund from the federal government has appointed a Perpetual subsidiary as its trustee while a consortium of global managers has won the investment management mandate. The Emerging Markets Impact Investment Fund (EMIIF) will invest in small to medium ...

New fund launches on ASX

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
... annum, net of fees and costs, paid semi-annually. It said where there is insufficient income the Responsible Entity, Perpetual Trust Services, intends to distribute capital out of the fund with the objection of trying to meet its target. Montaka said ...

Best Australian equities funds, with risk considered

KANIKA SOOD  |  FRIDAY, 19 JUN 2020
Sydney boutique Alphinity's Sustainable Share Fund comes out the top performer for three years to March end on headline returns but also fares well when risk factors are considered, according to Rainmaker Information. The Rainmaker RMetrics Report ...

Best equities funds to May end

KANIKA SOOD  |  WEDNESDAY, 10 JUN 2020
... the equities funds that tallied up the highest returns in the 12-months ending May 31, with Baillie Gifford, Nikko and Perpetual funds among the winners. Baillie Gifford funds distributed by Colonial First State locally have a stronghold on top-three ...

Year-long delay for super merger

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
... change in insurance arrangements to accommodate Putting Members Interests First (PMIF) legislation. Earlier this month, Perpetual delayed a successor fund transfer of its MySuper product to CareSuper citing market uncertainty and volatility from COVID-19. ...

Super fund delays successor fund transfer

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
... COVID-19 put a halt to the successor fund transfer plans. "Due to the market volatility and uncertainty caused by COVID-19, Perpetual Superannuation Limited (the Trustee), has decided to postpone the transfer until later in the calendar year," Perpetual ...