Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 216 results for "Pendal"

Perpetual remuneration report cops first strike

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
... AUM was supported by 71% of the group's strategies outperforming their benchmark over three years to September. "The Pendal boutique in Australia had a particularly strong quarter delivering close to $4 billion in net inflows and while part of this ...

Expand bolsters SMA offerings amid $10bn milestone

MATTHEW WAI  |  WEDNESDAY, 16 OCT 2024
... existing investment managers of MLC Asset Management, Antares, Ausbil, BlackRock, DNR Capital, Elston, JBWere, Lonsec, Pendal, Perennial, Zenith and Zurich. MLC Expand chief executive Liz McCarthy celebrated the addition of the new offerings and believes ...

Regal sets eyes on Platinum takeover

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... duplicated back-office functions. However, not all fund consolidations have gone smoothly, with Perpetual's acquisition of Pendal being case in point," Ler said. "Platinum's outlook as a standalone entity remains challenged. Its performance continues ...

Managers struggle to secure positive net flows in FY24

ANDREW MCKEAN  |  THURSDAY, 12 SEP 2024
... billion). On the losing side, Magellan suffered the largest negative net flows, shedding $3.3 billion from its managed funds. Pendal Group also faced significant outflows, losing $3.1 billion. Rainmaker described net funds flow as a "superior indicator ...

Perpetual chair to leave as $472m loss recorded

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
... previously announced $547.4 million impairment related to a writedown on J O Hambro and Thompson, Siegel, and Walmsley and Pendal integration and strategic review costs. Underlying profit came in at $206.1 million, up 26% on FY23. Perpetual attributed ...

Expand bolsters SMA menu

MATTHEW WAI  |  TUESDAY, 13 AUG 2024
... offerings. The additional investment managers complement the current fleet of MLC Asset Management, Antares, Ausbil, JBWere, Pendal, Perennial, and Zurich. Expand now houses 64 SMAs and provides both multi-asset and single-sector options. Advisers can ...

Positives remain at Perpetual, says Morningstar

JAMIE WILLIAMSON  |  THURSDAY, 25 JUL 2024
... quarterly update yesterday, Perpetual disclosed $8.9 billion in outflows, primarily driven by an exodus of mandates at Pendal Asset Management. It accounted for $3.4 billion of the losses, with Barrow Hanley, J O Hambro Capital Management, Perpetual ...

Perpetual net outflows top nearly $9bn

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
... outflows before the financial year end, which saw $8.9 billion of investor money exit its six boutiques. Former investors of Pendal Asset Management drove the exodus, walking away with a whopping $3.4 billion. The large-cap strategies led the biggest ...

Perpetual global head of distribution exits

ELIZABETH FRY  |  FRIDAY, 19 JUL 2024
... and director of institutional sales. Quaife was appointed global distribution lead last year following its acquisition of Pendal when Perpetual merged its regional asset management businesses to form one global division led by Rob Adams as chief executive. ...

Macquarie AM bags top manager gong

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... Australian Equities - Income Focused UBS Asset Management UBS Australian Small Companies Fund Australian Listed Property Pendal Pendal Property Securities Fund ESG - International Equities Dimensional Fund Advisors Dimensional Global Sustainability Trust ...
PREVIOUS
NEXT