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Showing 1 - 10 of 3099 results for "mandate"

CSC sells down data centre holdings to Future Fund, Infratil

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
The Future Fund and Infratil will up their stakes in a local data centre services provider as the Commonwealth Superannuation Corporation (CSC) sheds some of its holdings. CSC has agreed to offload 12.04% of the ordinary shares it holds in Canberra ...

Custodians revel in double-digit gains

JAMIE WILLIAMSON  |  TUESDAY, 18 FEB 2025
... billion. BNP Paribas saw its total assets under custody climb 12.2% to $540 billion; in the period it scored a $4.4 billion mandate from The University of Sydney Endowment Fund. In late December, it also announced it had secured a custody mandate from ...

Platforms placate fee consent ordeal: SuitabilityHub

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... that needed to be provided to product providers," he said. The government has bestowed powers on the relevant minister to mandate a form. But this has yet to happen. "Treasury hasn't necessarily prioritised this issue, so we didn't come onto ...

EQT awarded two new mandates

ELIZA BAVIN  |  TUESDAY, 11 FEB 2025
Equity Trustees (EQT) has been awarded two fresh mandates to act as responsible entity for both Realm Investment House and MA Financial. MA Financial Group partnered with EQT as the responsible entity and custodian for its newly launched MA Credit Income ...

Cbus faces fresh investigation over fund expenditure practices

ANDREW MCKEAN  |  TUESDAY, 11 FEB 2025
Cbus is under investigation by APRA for possible breaches of superannuation legislation, with the regulator announcing the probe alongside a court-enforceable undertaking to address the super fund's risk management and oversight of key fund services. ...

Government to scrap advisers' approved qualifications list

KARREN VERGARA  |  MONDAY, 10 FEB 2025
The federal government is backtracking on one key financial adviser education requirement by scrapping the list of approved qualifications and proposing to allow any bachelor's degree or higher. Assistant treasurer Stephen Jones this morning announced ...

Northern Trust scores mandate for $32bn infra business

MATTHEW WAI  |  WEDNESDAY, 5 FEB 2025
... providing asset servicing solutions to the Australia-based infrastructure firm. The announcement comes shortly after the mandate expansion of the custodian for Igneo's parent company, First Sentier Investor Group, to become its third-party administrator. ...

Future Fund reaches value of $237.9bn

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2025
... environment including the resurgence of geopolitical risks," he said. "In November the government updated the investment mandate for the Future Fund to require the board to have regard to national priorities. The government has also deferred the date ...

Trump orders creation of US sovereign wealth fund

ANDREW MCKEAN  |  TUESDAY, 4 FEB 2025
US President Donald Trump has signed an executive order calling for the creation of a sovereign wealth fund. The executive order directs US secretary of the treasury Scott Bessent, who was sworn in last week by Supreme Court Justice Brett Kavanaugh ...

Canadian pension fund names new CIO

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025
... responsible for the CGF's investment strategy and execution under its semi-independent and arm's length investment mandate. Beaudoin joined PSP Investments' natural resources team in 2012. As head of Asia Pacific and Europe, he oversaw a ...
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