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

Search Results

Showing 551 - 560 of 3367 results for "mandate"

Morningstar downgrades PIMCO, Vanguard funds

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
... result of cumulative changes across AB's global team over time "alongside a process that has struggled to utilise its broad mandate particularly effectively." "Plaudits are warranted for cutting the fee, and the shop's research base across sovereigns ...

Clime outlines growth focus, wins mandate

CHLOE WALKER  |  WEDNESDAY, 26 APR 2023
... its managed accounts capability following strong client demand, while also flagging its first family office consulting mandate. In an update to the ASX, Clime said its total funds under management and advice grew to $5.6 billion in the March quarter. ...

Search funds beat VC, private equity returns

CASSANDRA BALDINI  |  THURSDAY, 20 APR 2023
Search funds, an investment strategy that sprung from the hallways of two Ivy league universities in the US, have reached Australia, grabbing the attention of investors drawn to the new business model and returns in excess of 30%. Developed by universities ...

UniSuper awards private debt mandate to Revolution AM

ANDREW MCKEAN  |  TUESDAY, 18 APR 2023
UniSuper has selected Revolution Asset Management to manage an Australian and New Zealand private debt portfolio. Revolution Asset Management's separately managed portfolio, established earlier this year, has been actively allocating capital to ...

RBA reforms require bipartisan support: Chalmers

KARREN VERGARA  |  TUESDAY, 18 APR 2023
... that they go about things at the bank". Chalmers announced the review last July, which examined areas such as the RBA's mandate, governance, culture and operations. "The Reserve Bank is a crucial economic institution which has served Australia well for ...

Rest signs mandate with Palisade Impact Fund

CASSANDRA BALDINI  |  MONDAY, 17 APR 2023
It marks the super fund's first impact investment and signals plans to continue growing the allocation. Rest explained the addition of Palisade Impact is aligned with targets to achieve a 1% allocation to impact investments by 2026. It added the milestone ...

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
Assistant treasurer and minister for financial services Stephen Jones has detailed a three-pronged approach to superannuation reform that will forge national consensus, shift the focus from savings to retirement income, and elevate service standards ...

Aussies happy with compulsory super: Data

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
Australians are firm believers in the superannuation system, with 80% of fund members believing those who are self-employed should also be mandated to contribute. This is a headline result from the Association of Superannuation Funds of Australia (ASFA) ...

SVB, Signature Bank securities up for sale

KARREN VERGARA  |  WEDNESDAY, 12 APR 2023
A BlackRock subsidiary has been tasked with disposing the mortgage-backed assets of Silicon Valley Bank and Signature Bank that collectively amount to US$104 billion ($156.2bn). The Federal Deposit Insurance Corporation recently announced that it retained ...

Pension fund ousts chief over US bank losses

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... understand how the situation arose, adding that it has determined the investment decisions were within the framework and mandate established by the board. It also reinforced that the losses had only a small impact on its overall portfolio and on some ...