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Showing 1 - 10 of 3083 results for "Mandate"

Grattan Institute renews calls for best-in-show super funds, partial annuitisation

KARREN VERGARA  |  MONDAY, 20 JAN 2025
The Grattan Institute is urging the government to mandate the partial annuitisation of Australians' superannuation and implement the 'best-in-show' list of funds to help simplify a "complex" system and allow retirees to spend their savings ...

BlackRock loses Fink's likely successor

ANDREW MCKEAN  |  THURSDAY, 16 JAN 2025
BlackRock senior managing director, head of global client business Mark Wiedman - who was regarded as a potential successor to chief executive Larry Fink - is exiting the asset manager. Wiedman is responsible for BlackRock's commercial relationships ...

Subscription EVs attract HESTA, IFM interest

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JAN 2025
IFM Investors and HESTA, by way of its mandate with the former, will take a 49% stake in Splend Group, a provider of subscription electric vehicles. IFM Investors has made the investment via its Growth Partners Fund 2, with HESTA and others also investing ...

BlackRock loses senior executive touted as Fink's successor

ANDREW MCKEAN  |  WEDNESDAY, 15 JAN 2025
BlackRock senior managing director, head of global client business Mark Wiedman - who was regarded as a potential successor to chief executive Larry Fink - is exiting the asset manager. Wiedman is responsible for BlackRock's commercial relationships ...

MUFG Pension & Market Services awards tech mandate

KARREN VERGARA  |  WEDNESDAY, 15 JAN 2025
MUFG Pension & Market Services (MPMS) has awarded Tata Consultancy Services (TCS) a mandate to help transform its retirement solutions business. The Memorandum of Understanding (MOU), in the new partnership, outlines joint initiatives in product development ...

Platinum awards mandate to Northern Trust

ELIZA BAVIN  |  WEDNESDAY, 15 JAN 2025
... Management to provide comprehensive asset servicing solutions across its Australian funds. Under the terms of the new mandate, Northern Trust will provide custody, fund administration, regulatory reporting, investment operations outsourcing (IOO), ETF ...

Channel Investment Management secures RE mandate

KARREN VERGARA  |  TUESDAY, 14 JAN 2025
Channel Investment Management has secured a responsible entity (RE) mandate from a global real estate fund manager to oversee another two strategies. CBRE Investment Management's Global Infrastructure Securities Fund and Global Property Securities ...

Bennelong secures first trustee mandate

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
Bennelong has welcomed its first client, Paragon IM, following the expansion of its trustee services offering in October last year. Bennelong Funds Management is now the responsible entity (RE) for the Paragon Australia Long Short Fund. The fund invests ...

Platinum AUM inches to $11bn

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
... Platinum Trust Funds. Total AUM, however, is 40% lower compared to the end of 2023, which was $15.4 billion. Platinum lost a mandate with Perpetual's Super Plan on December 16, when the Platinum International Investment option was closed to new members. ...

Managed funds industry winners and losers

ANDREW MCKEAN  |  FRIDAY, 10 JAN 2025
... this could be explained by a few factors: the money invested in that global small-cap fund may have been converted into a mandate, meaning it was moved out of the unit trust structure but remained within the global small-cap space. Alternatively, changes ...
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