Originally established in 1969 as Ord-BT, Pendal is an Australian investment manager that aims to deliver superior investment returns for clients through active management. They actively manage investments in Australian equities and listed property, Australian and international fixed interest, global equities, multi-asset portfolios and alternative investments.

In 2023, Pendal became part of Perpetual Limited (ASX:PPT). Through the Perpetual and Pendal brands, Barrow Hanley, J O Hambro, Regnan, Trillium and TSW, they have a presence in the US, UK and Europe.

Pendal Active Balanced Fund is benchmarked against a composite of published indices based on the Fund's neutral asset allocation. It is an actively managed multi-asset strategy investing in Australian and international shares, listed property, fixed interest, cash and alternatives, with a higher weighting to growth assets than defensive assets. Pendal may adjust allocations within defined ranges according to its investment views. Currency exposure is actively managed, and derivatives may be used for hedging, risk management and market exposure.