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.

An actively managed Australian fixed interest fund investing in government, semi-government and corporate bonds to generate income and outperform its benchmark, the Bloomberg AusBond Composite 0+Yr Index. It may also invest tactically in international fixed interest markets. The Fund can use derivatives to achieve its investment objective and to gain exposure to assets and markets. Derivatives may also be used to act as hedging instruments.