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Showing 981 - 990 of 3369 results for "Mandate"

Mayfair 101's vision for Mission Beach is sinking

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 AUG 2020
The Bond family has threatened to foreclose on Mayfair 101's crown jewel - its much anticipated development of the Mission Beach region. In a release to the media, Mayfair 101 founder and managing director James Mawhinney insisted that the Mission Beach ...

K2 Asset Management reports loss

KANIKA SOOD  |  FRIDAY, 14 AUG 2020
K2 Asset management posted $709,857 in after tax loss for FY20, saying returning the firm to profitability is the priority and recent tie ups will be fundamental drivers for growth. All five of K2's funds had negative absolute returns for FY20, ranging ...

HESTA awards three-year mandate

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
HESTA has awarded a three -year mandate to an administrator following a competitive tender process. Link Group has been reappointed to provide the $53 billion super fund with retirement and superannuation solutions. The mandate is for an initial three ...

Asset managers still bearish, but less so

ALLY SELBY  |  WEDNESDAY, 12 AUG 2020
Asset managers slightly increased their risk tolerance in the second quarter of the year in a bid to ride the equity rally, but risk aversion still remains high. That's according to new research from institutional specialist consultant bfinance, which ...

Pershing convicted for client breaches

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
Pershing Securities Australia has become the first company in Australia to be criminally prosecuted over breaching client money obligations. The BNY Mellon subsidiary pleaded guilty in Sydney's Downing Centre Local Court and was ordered to pay a $40,000 ...

Pinnacle reports FY20 inflows, profits

KANIKA SOOD  |  TUESDAY, 4 AUG 2020
... Management's 16 affiliates tallied up only $3 billion in net inflows in FY20 as institutional allocators deferred mandate decisions in COVID-19 but the firm managed to grow NPAT by 5.6% to $32.2 million. PNI this morning reported $58.7 billion in ...

SelfWealth awards brokerage mandate

ALLY SELBY  |  TUESDAY, 4 AUG 2020
ASX-listed trading platform SelfWealth has renewed its clearing, settlement and execution (CS&E) mandate with retail broker OpenMarkets, in a move that it says demonstrates the two fintech's shared objective of disrupting the status quo. The agreement ...

GQG Partners wins $20m mandate

KANIKA SOOD  |  MONDAY, 3 AUG 2020
... It raised $1.2 billion in the not-for-profit institutional market in 12 months ending March, according to the Rainmaker Mandate Chaser report, which collected data on a total of 143 mandates from the segment. Its funds have also scored strong ratings ...

First State Super, CEFC back new bond

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... Australia's emissions profile." CEFC executive director Rory Lonergan said the ACT Index would meet an established and growing mandate among investors to invest in climate transition, while responding to investor demand for innovative investment products ...

HUB24 awards super trustee mandate

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... trustee entities, alongside Equity Trustees Superannuation Limited (ETFL). Earlier this month, Equity Trustees won the mandate for AMP Life's superannuation funds after its sale to Resolution Life. It included 340,000 members and about $7 billion and ...