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Showing 1 - 10 of 106 results for "Pendal Group"

Managers struggle to secure positive net flows in FY24

ANDREW MCKEAN  |  THURSDAY, 12 SEP 2024
... 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 of the secular ...

Perpetual chair to leave as $472m loss recorded

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
... was $200.4 million compared to $132.7 million last year. This was driven by the first full-year contribution from Pendal Group. Still, the manager saw much larger than expected outflows - $12 billion for the year - which resulted in the impairment. Operating ...

Citi Australia managing director takes on expanded remit

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
... took on the role of head of Australia at IFM Investors. Most recently, she served as the head of institutional at Pendal Group. Ashton will report to Citi Australia and New Zealand head of markets Cristina Chang. "She [Ashton] is an outstanding leader ...

Perpetual awards State Street subsidiary a major mandate

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... expertise are a natural fit for Perpetual's commitment to being a truly global asset management business. Notably, Pendal Group, a long-term client of Charles River in Australia, was acquired by Perpetual in January 2023, cementing its position as ...

Perpetual, Pendal combine multi-asset capabilities

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
Perpetual is creating a new multi asset strategies team, in a move that will see the departure of Pendal Group's head of multi asset. The fund manager said a recent review of its multi-asset capabilities resulted in a decision to merge the existing ...

Perpetual profit, operating revenue lifts

ANDREW MCKEAN  |  THURSDAY, 29 FEB 2024
... challenging operating environment. "The first half of 2024 represented the first full six-month contribution from Pendal Group. The Group's AUM stability over the last six months reflects the benefits of our larger, more diverse total AUM base as a global ...

Soul Patts raises stake in Perpetual

CHLOE WALKER  |  WEDNESDAY, 13 DEC 2023
... implications for its shareholders. Perpetual has had an interesting year so far, completing the high-profile takeover of Pendal Group in January, only to shutter several of its funds in November. At its recent annual general meeting, Perpetual chair ...

GQG Partners FUM declines

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... former Janus Henderson chief executive Andrew Formica as non-executive chair, replacing Hamish McLennan, and former Pendal Group chair Deborah Page. Notably, Formica stepped in as executive chair last month, following the departure of Magellan chief ...

Macquarie breaks into top 50 fund manager list

KARREN VERGARA  |  TUESDAY, 24 OCT 2023
... inflation. Macquarie Group took the 48 th spot while IFM Investors sat in 140 th position with US$143.2 billion. Pendal Group ranked 172 nd with US$104.5 billion, closely followed by MLC Asset Management with US$98.5 billion at 177 th place. Together ...

Multiple moves in Aware investments team

ELIZABETH FRY  |  FRIDAY, 11 AUG 2023
... asset management. Howell has returned to the fold as while he most recently served as the chief operating officer at Pendal Group, he worked as head of strategy and operations for First State Super in 2017. Earlier, he did a 10-year stint at Perpetual ...
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