Company and fund name changes

Company and fund name changes

BT Investment Management Limited (BTIM) has changed its company name to Pendal Group Limited.

Since BTIM was listed in 2007, the business has transformed into an independent global investment management firm. In light of our growth and success, we believe now is the right time for our business to establish its own name and brand; one that reflects our independence, ownership and identity.

The name Pendal has been chosen because of its link to the heritage and origins of the BT investment management business. Pendal was the name given to BT’s original nominee company, established in 1971 to hold assets on behalf of its first prospective client, the Dalgety Pension Fund.

Pendal preserves the strengths, values and culture of our business whilst moving forward as an independent, successful, international investment management company.

What does this mean for investors?

While we have changed our company name, it will be business as usual with no change to our investment management approach or the operations of the company. As Pendal, we will continue our focus on delivering superior investment returns for clients through active management.

To reflect our new brand, we have updated the names of our funds. Please click here to view a list of our funds’ new names.

The responsible entity and investment manager have also changed their names, as follows:

Previous Name New Name
BT Investment Management (Fund Services) Limited Pendal Fund Services Limited
BT Investment Management (Institutional) Limited Pendal Institutional Limited

We have updated our fund product disclosure statements, application forms and website to reflect the Pendal name, with changes to some of our other systems and documents to be implemented over time.

This article has been prepared by Pendal Fund Services Limited (PFSL) ABN 13 161 249 332, AFSL No 431426 and the information contained within is current as at May 7, 2018. It is not to be published, or otherwise made available to any person other than the party to whom it is provided.

This article is for general information purposes only, should not be considered as a comprehensive statement on any matter and should not be relied upon as such. It has been prepared without taking into account any recipient’s personal objectives, financial situation or needs. Because of this, recipients should, before acting on this information, consider its appropriateness having regard to their individual objectives, financial situation and needs. This information is not to be regarded as a securities recommendation.

The information in this article may contain material provided by third parties, is given in good faith and has been derived from sources believed to be accurate as at its issue date. While such material is published with necessary permission, and while all reasonable care has been taken to ensure that the information in this article is complete and correct, to the maximum extent permitted by law neither PFSL nor any company in the Pendal group accepts any responsibility or liability for the accuracy or completeness of this information.

Any projections contained in this article are predictive and should not be relied upon when making an investment decision or recommendation. While we have used every effort to ensure that the assumptions on which the projections are based are reasonable, the projections may be based on incorrect assumptions or may not take into account known or unknown risks and uncertainties. The actual results may differ materially from these projections.