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 Australian Equity Fund is benchmarked to the S&P/ASX 300 (TR) Index and invests primarily in Australian shares, with an allocation range of 80% to 100% to equities and 0% to 20% to cash. The Fund seeks to outperform the benchmark over the medium to long term through active stock selection and fundamental company research. Pendal assesses valuation, franchise quality, management quality and financial and non-financial risks without applying a predetermined growth or value bias. Derivatives may be used for risk management, hedging or market exposure.