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Showing 31 - 40 of 206 results for "Pendal"

Perpetual profits halve post-Pendal deal

CASSANDRA BALDINI  |  THURSDAY, 23 FEB 2023
... $59.3 million the prior year. It explained FY23 NPAT includes significant items relating to the transaction costs for the Pendal acquisition. Perpetual chief and managing director Rob Adams said the first half financial performance was "solid" in the ...

Perpetual, Pendal finalise merger

CASSANDRA BALDINI  |  MONDAY, 23 JAN 2023
Perpetual has completed its Pendal Group acquisition and confirmed two board appointments. "We are pleased to finalise the transaction that combines two of Australia's oldest and most respected active asset management businesses," Perpetual chair ...

Perpetual reports $1.2bn loss amid merger

CASSANDRA BALDINI  |  FRIDAY, 20 JAN 2023
Perpetual reported it took a $1.2 billion hit in December ahead of its Pendal Group takeover, which is now due to be completed on Monday. Despite the loss, the investment manager said it "benefited from a rebound in equities markets" and ended the year ...

BlackRock rethinks fundamental equities, PMs depart

JAMIE WILLIAMSON  |  MONDAY, 16 JAN 2023
... Companies Fund will both close. Meanwhile, the $249 million BlackRock High Conviction Australian Equity Fund will be aligned to Pendal Group's 'Focus' strategy under a new arrangement with the fund manager. "Existing clients in the fund will benefit ...

Court approves Pendal takeover

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JAN 2023
The Supreme Court of New South Wales has approved the acquisition of Pendal by Perpetual. The Court made orders today approving the scheme, with it to become legally effective tomorrow following Pendal lodging a copy of the orders with ASIC. As such ...

Perpetual promotes Anthony Aboud

ELIZABETH FRY  |  WEDNESDAY, 21 DEC 2022
... Equities funds and mandates." Pezzullo replaces Paul Skamvougeras, who planned to depart the fund after the merger with Pendal. Skamvougeras arrived at Perpetual in 2007 and was appointed deputy head of equities six years ago. Before joining Perpetual ...

ASIC proceedings name Pendal board member

ANDREW MCKEAN  |  TUESDAY, 13 DEC 2022
... civil penalty proceedings against 11 current and former directors and executives of Star Entertainment Group, including a Pendal Group director. ASIC deputy chair Sarah Court argued that the Star's board and executives failed to give sufficient focus ...

Perpetual welcomes Pendal board members

CASSANDRA BALDINI  |  MONDAY, 12 DEC 2022
As part of its proposed acquisition plan, Perpetual Asset Management has welcomed Pendal Group non-executive directors Christopher Jones, Kathryn Matthews and Ben Heap to its board. The expected start date for the new directors is January next year ...

Colonial First State adds 17 new funds to FirstChoice platform

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
... Global Equities, Quay Global Real Estate (Unhedged), Sage Capital Equity Plus, Nanuk New World, AXA IM Sustainable Equity, Pendal Global Select, CFS ETF Exposure Series: Physical Gold, CFS ETF Exposure Series: US Shares, CFS ETF Exposure Series: All-World ...

Perpetual names planned post-acquisition executive lineup

CHLOE WALKER  |  WEDNESDAY, 30 NOV 2022
... appointments for its executive committee, who will lead the combined group following completion of its proposed acquisition of Pendal Group (Pendal). Perpetual chief executive and managing director Rob Adams, who will lead the combined group, said that ...