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Showing 951 - 960 of 3369 results for "mandate"

Vanguard awards global equity mandate

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
Vanguard has awarded a US$3.4 billion mandate to a boutique fund manager, replacing Franklin Templeton subsidiary Edinburgh Partners. Sprucegrove Investment Management will manage about 35% of the Vanguard International Value Fund, which has US$9.8 ...

Northern Trust scores $20bn mandate

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
Northern Trust has been awarded a $19.8 billion pension fund mandate by a leading retailer, replacing a longstanding partnership with State Street. Marks & Spencer's Pension Trust appointed Northern Trust to provide asset servicing solutions, such ...

MySuper reforms could have downsides

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
The government's proposed reform to MySuper products, which will involve naming and shaming underperforming MySuper products, could actually end up hurting fund performance, according to some critics. Advance Human Solutions managing director Alexandra ...

BT cuts fees, premiums for super members

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... cover for those with the Tailored Cover option will also decrease by 9.7%. Prior to switching to AIA, BT's group insurance mandate was with BT Life Insurance - the company's own, aligned life insurer.

Vanguard boosts Aussie executive team

ELIZA BAVIN  |  FRIDAY, 9 OCT 2020
Vanguard announced it has bolstered its risk management with the appointment of a head of risk management in the Australian executive team. Curt Jacques will take the position following a comprehensive recruitment process and will join Vanguard as it ...

Melbourne firm wins $1.1bn in mandates

KANIKA SOOD  |  THURSDAY, 8 OCT 2020
Melbourne's MSC Group has been appointed to provide trustee and fund administration services to three Australian fund managers that are 50% owned by Oaktree Capital Management. Argyle Capital Partners, January Capital and Fortitude Investments Partners ...

Vanguard to cull institutional mandates

KANIKA SOOD  |  FRIDAY, 2 OCT 2020
... direct investors and their advisers. As a result, Vanguard has taken the business decision to no longer offer Segregated Mandate Accounts (SMA) or customised solutions as an investment vehicle to institutional investors in Australia and New Zealand," ...

Group risk inflows fall 15%

ALLY SELBY  |  MONDAY, 28 SEP 2020
... was the only company that managed to record some growth during the year (25.7%), aided by Rest switching its insurance mandate from AIA to TAL. In comparison, AIA's inflows fell 47.4% during the year, while MetLife Insurance, MLC Life Insurance, QInsure ...

Robeco extends exclusions

ELIZABETH MCARTHUR  |  FRIDAY, 25 SEP 2020
Robeco announced it will now exclude investments in thermal coal, oil sands and Arctic drilling from all its mutual funds. The manager said the decision is an important step in its sustainable investing approach. Companies that derive 25% or more of ...

ASIC, IOSCO report on debt capital raisings

ALLY SELBY  |  THURSDAY, 24 SEP 2020
The corporate watchdog has released a report into its findings on debt capital raisings following two years of surveillance of market practices. ASIC's 668 Report noted that while a properly functioning debt capital market (DCM) is vital for the real ...