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Showing 51 - 60 of 3106 results for "mandate"

Super fund adds to Payden & Rygel mandate

KARREN VERGARA  |  MONDAY, 25 NOV 2024
A $34 billion superannuation fund has topped up its mandate with Payden & Rygel to manage a total of $700 million in assets. Payden & Rygel did not disclose which super fund awarded the mandate but said the money was invested in the Payden Multi Asset ...

Future Fund to back energy transition, residential housing

JAMIE WILLIAMSON  |  THURSDAY, 21 NOV 2024
The Future Fund has been handed a new mandate, with the government directing it to prioritise investments in the energy transition, residential housing, and infrastructure. The $230 billion sovereign wealth fund has been provided with a new investment ...

Fiji super fund picks Northern Trust for custody

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
... resorts in the island nation. It marks the custodian's further expansion into the Asia Pacific and its first institutional mandate in Fiji. "This win marks a major milestone in our commitment to the APAC region," Northern Trust head of Asia Pacific Angelo ...

Head of strategy exits Australian Retirement Trust

ELIZABETH FRY  |  FRIDAY, 8 NOV 2024
... been as the first head of strategy at ART," he told his LinkedIn community. "I joined ART nearly three years ago with a mandate to build the enterprise strategy for the newly merged fund and a personal goal to make a difference for our members. "I am ...

Fed cuts rates as Powell is questioned on Trump win

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
... will have no bearing on near-term policy decisions, and second, while policy decisions could have an impact on their dual mandate over time, the Fed does not know the timing nor the substance of the policies." When questioned on the latter, Powell simply ...

EQT wins RE mandates for FIIG Securities, Nanuk AM

MATTHEW WAI  |  WEDNESDAY, 30 OCT 2024
Equity Trustees (EQT) will serve as responsible entity for two recently launched vehicles. EQT has been handed RE mandates for the FIIG Monthly Income Fund and the Nanuk New World Fund (Currency Hedged) Active ETF. EQT executive general manager, corporate ...

CFS unveils fund manager, fee changes to FirstChoice

KARREN VERGARA  |  TUESDAY, 29 OCT 2024
Colonial First State (CFS) is introducing a bunch of fund manager, asset allocation, and fee changes to two of its FirstChoice products from November 16. For FirstChoice Employer Super, Platypus Australian Equities will take over as investment manager ...

MLC AM awards listed property mandate

KARREN VERGARA  |  FRIDAY, 25 OCT 2024
MLC Asset Management has awarded a mandate to a global investment manager, replacing Presima and BlackRock. Following a review of its global REIT strategy, the fund manager confirmed that NYSE-listed Cohen & Steers won a new mandate but did not disclose ...

APRA questioned on super performance test

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
... deliver higher returns and less risky investments that underpin the overall portfolio. "Clearly, if government were to mandate something in relation to a particular area, which I haven't seen so far, I would expect that we would be asked whether ...

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
The controversial $370 billion pact between the US, Australia, and the UK, or 'AUKUS', is being sold as a boon for the economy and nation-building exercise that will amplify defence capabilities and strengthen regional security. But is it all ...