Pendal Group update on the Coronavirus (COVID-19) pandemic

As the COVID-19 pandemic continues to impact the global community, I would like to update you on the proactive measures and precautions we have taken to ensure the health and safety of our employees, while maintaining our ability to continue to service our clients and manage our business.

As a global investment manager, we have offices around the world and have put in place a range of measures to help protect our employees.

We have restricted all non-essential domestic and international business travel and have a self-isolation policy for all employees who have travelled internationally.

We have restricted attendance at conferences, encouraged employees to conduct meetings with external parties via electronic means and promoted local social distancing protocols.

Pendal Group has comprehensive Business Continuity Plans (BCPs) in place for all of our offices that allows us to continue to operate in these types of situations. We have recently re-tested our BCPs in all jurisdictions with positive outcomes, including confirmation that our staff can work remotely and in some instances are already doing so.

Additionally, we have contacted our core suppliers and have confirmed their level of preparedness in order to minimise the risk of disruption to our core services.

We are confident that we have taken the necessary steps to protect the health and safety of our employees, look after our clients and continue to operate our business. These are unprecedented times for all of us and the situation is changing daily.

We will continue to closely monitor the local and World Health Organisation updates and practices in local jurisdictions. Where required we will take further sensible and informed action.

Lastly, but most importantly, the welfare of our staff and clients and their families is clearly uppermost in these most challenging times. We wish you and your family the best of health.

If you have any questions or concerns, please do not hesitate to reach out to your Pendal Group contact.

Emilio Gonzalez
Group Chief Executive Officer
Pendal Group