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Showing 941 - 950 of 3369 results for "Mandate"

Perpetual equities fund cops ratings downgrade

KANIKA SOOD  |  MONDAY, 26 OCT 2020
... is not a guarantee despite Skamvougeras's more activist approach in recent years. The concentrated strategy also has a mandate that allows it to hold up to 20% of the portfolio in overseas names - which it rarely does. "While other Perpetual strategies ...

Ninety One wins equity mandate

KARREN VERGARA  |  MONDAY, 26 OCT 2020
A $42 billion superannuation fund has awarded a mandate that targets Chinese equities to the newly rebranded Ninety One. State Super has allocated the mandate to Ninety One's 4Factor All China Equity strategy. Ninety One manages $205 billion with ...

Alternatives win big mandates

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
... managers won the most mandates last financial year, marking their best period yet, according to new research. Rainmaker's Mandate Chaser shows the last 12 months to June 2020 were busy for alternatives managers, experiencing a 56% surge in mandates ...

Aware Super shakes up SRI option

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 OCT 2020
Aware Super has tightened the screens on its socially responsible investment (SRI) option as the $97 billion fund beefs up its ESG credentials, reshuffling investment mandates in the process. The managers with SRI mandates from Aware Super include Redpoint ...

OnePath takes over group insurance mandate

KARREN VERGARA  |  WEDNESDAY, 21 OCT 2020
OnePath has won a group insurance mandate for a well-known football association, replacing Resolution Life. The AFL Players Association (AFLPA), which represents male, female and past player members, has appointed Zurich-owned OnePath to take over from ...

Future Fund slashes fees

KARREN VERGARA  |  TUESDAY, 20 OCT 2020
The Future Fund is paying less in fund management fees as it pivots toward more passive investment strategies. During the last financial year, the fund paid $224.7 million to external investment managers, nearly a quarter (23%) less than the total payout ...

AMP awards mandate to BlackRock

KARREN VERGARA  |  TUESDAY, 20 OCT 2020
BlackRock has won a passive investment strategy mandate from AMP New Zealand for an undisclosed amount. AMP's subsidiary AMP New Zealand Wealth Management (NZWM) has awarded the mandate to BlackRock Investment Management to deliver the new indexed ...

UBS, Insight IM win Future Fund mandates

KARREN VERGARA  |  MONDAY, 19 OCT 2020
... wealth fund's FY20 annual report, UBS won an Aussie equities, developed-market equities and emerging-market equities mandate, joining a stable of investment managers. The Future Fund also appointed Insight Investment Management to help manage the ...

Multi-boutique adds investment firms

JAMIE WILLIAMSON  |  FRIDAY, 16 OCT 2020
A multi-boutique that launched earlier this year has added two new fund managers to its stable. Mantis Funds is now providing distribution and operations support to Gyrostat Capital Management and Terra Capital. Mantis was launched in June this year ...

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
... employment". The board views addressing the high rate of unemployment as an important national priority. Consistent with our mandate, we want to do what we can do, with the tools we have, to ensure that people have jobs. We want to see a return to labour ...