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Showing 641 - 650 of 3369 results for "mandate"

Australian Ethical sees profits drop, record super flows

JAMIE WILLIAMSON  |  FRIDAY, 26 AUG 2022
... management. It started the year with $6.94 billion in FUM but market volatility and the loss of a $200 million institutional mandate saw this drop to $6.2 billion by year end. Its merger with Christian Super, to be completed early 2023, is expected to ...

Vanguard granted RSE licence

JAMIE WILLIAMSON  |  FRIDAY, 26 AUG 2022
... chaired by Peggy O'Neal. Michael Lovett was named head of superannuation at Vanguard, and GROW Inc. was awarded the mandate to provide administration services. Earlier this year it was speculated that the product's launch was delayed, a claim ...

Insignia Financial profits jump 59% to $234.5m

CASSANDRA BALDINI  |  THURSDAY, 25 AUG 2022
Insignia Financial announced its underlying net profit after tax (UNPAT) has increased 59% to $234.5 million in FY22 from $147.8 million last year. The results were driven by the completion of the MLC acquisition in May as well as strong business growth ...

QIC multi-sector private debt team wins mandate

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2022
The multi-sector private debt team that QIC introduced in February has won a $500 million plus mandate to invest in Australia and New Zealand. The mandate comes from Queensland's State Investments and is a three-year commitment. The team is tasked ...

Equity Trustees celebrates new mandate

CHLOE WALKER  |  TUESDAY, 23 AUG 2022
Equity Trustees will become the responsible entity partner of Tanarra Credit Partners' new TCP Private Debt Income Fund. The TCP Private Debt Income Fund aims to provide investors attractive risk-adjusted returns with a focus on capital preservation ...

Assets under custody take a hit: ACSA

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
Total assets under custody in Australia dropped by more than 8% in the six months to June end, with some custodians seeing declines of more than 10%. The latest data from the Australian Custodial Services Association shows total assets under custody ...

HESTA, Mercy Super to pursue merger

JAMIE WILLIAMSON  |  FRIDAY, 19 AUG 2022
... administrator is Link Group. The insurance arrangement that came into effect this month for Mercy Super members via a new mandate with Zurich will also be retained. "It's wonderful to reach this significant milestone in the progress towards merging ...

MSC Trustees adds to board

JAMIE WILLIAMSON  |  MONDAY, 15 AUG 2022
... extensive experience specific to the trustee space and funds management industry. The MSC Trustees book is diverse in terms of mandate, structures and assets and I know the board and our inhouse legal team will benefit greatly from that experience." ...

HESTA awards major global equities mandate

JAMIE WILLIAMSON  |  MONDAY, 15 AUG 2022
... equities allocation for the industry fund. Antipodes Partners' Global Long Strategy has been selected by HESTA for the mandate, citing the investment firm's pragmatic approach. The strategy tracks the MSCI All Country World Net Index and has delivered ...

HESTA, ISPT ink first direct healthcare property deal

RACHEL ALEMBAKIS  |  FRIDAY, 12 AUG 2022
... building in Melbourne, their first direct property acquisition in the healthcare and life sciences sector. ISPT and HESTA as mandate partner will co-develop an on-hospital-campus medical office building of circa 12,000 sqm in Fitzroy, Melbourne, site ...