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Showing 491 - 500 of 3360 results for "Mandate"

Magellan reverts to old leadership model

KARREN VERGARA  |  FRIDAY, 18 AUG 2023
... chief investment officer. The changes were introduced as Magellan went into damage control, sparked by losing a massive mandate in late 2021 that led to more investors fleeing and key people such as Brett Cairns leaving. Meanwhile, Andrew Formica has ...

Danish pension fund hands $500m to QIC

CHLOE WALKER  |  FRIDAY, 18 AUG 2023
... of Denmark's largest pension funds to provide exposure to European private equity investments. The initial $500 million mandate from PenSam will be invested over three years through both co-investments and fund commitments. PenSam manages the pension ...

Institutional investor pumps $750m into Qualitas fund

CHLOE WALKER  |  WEDNESDAY, 16 AUG 2023
... opportunities that align with our risk framework and appetite." In May, Qualitas announced a $1 billion CRE private credit mandate with $220 million activated commitment.

Equity Trustees combines super, trustee arms

JAMIE WILLIAMSON  |  FRIDAY, 11 AUG 2023
Equity Trustees is merging its superannuation and corporate trustee services divisions, creating a $150 billion business. The group said the two divisions share many similarities, meaning "it makes good commercial sense to bring them together." All ...

Super tough sell for First Nations people: Podcast

CASSANDRA BALDINI  |  FRIDAY, 11 AUG 2023
... during that time, then there is just going to be disengagement throughout the entire period." Although funds can't mandate legislation, Usher explained there are a few ways they can assist in supporting Indigenous members, and actively contribute ...

US inflation rises 3.2%

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
... continue its fight against inflation. Fed chair Jerome Powell said at the time that he is "squarely focused" on its dual mandate to promote maximum employment and stable prices for the American people. "We understand the hardship that high inflation ...

Liquidate $250bn Future Fund, says think tank

CASSANDRA BALDINI  |  THURSDAY, 10 AUG 2023
Given Australia's economic status, the government has been urged to liquidate the $250 billion Future Fund and pay down its $896 billion debt. According to a paper published by the Centre For Independent Studies, penned by Dimitri Burshtein, the ...

Former advisers costs CBA $1.2bn in remediation

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
... can continue to work productively while maintaining their current work from home arrangements." "The return to office mandate is clearly not necessary and we are therefore disappointed that CBA has chosen not to address these significant concerns during ...

Hejaz debuts Australia's first Islamic pension product

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
Hejaz Group has introduced the first ever Islamic pension product, alongside a new super offering, advancing its commitment to offer comprehensive wealth services tailored for the Muslim community in Australia. Hejaz Islamic Super and Pension provides ...

Link Group to cop $418m loss

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2023
... the end of the month. Link Group said its liquidity position remains strong. In June, HESTA opted against renewing its mandate with Link Group, selecting GROW Inc. instead.