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 Dynamic Income Fund - Class R is a fixed income strategy benchmarked against the RBA Cash Rate and aims to exceed it by 2-3% p.a. before fees, costs and taxes over the medium term. The Fund invests primarily in Australian investment grade corporate bonds and may also invest in emerging markets sovereign debt and international credit. Australian cash and credit allocation between 50% - 100% & international cash, emerging markets sovereign debt and international debt 0 - 50% of asset allocation. Pendal uses quantitative models, qualitative research and active asset allocation across credit, cash, duration, currency and derivatives.