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 Government Bond Fund is an actively managed fixed income strategy benchmarked to the Bloomberg AusBond Govt 0+Yr Index. It invests primarily in Australian government bond markets, including Commonwealth, semi-government, government-guaranteed corporate, foreign sovereign and supranational bonds, with tactical exposure to international developed market government bonds. Pendal seeks to add value through research, active security and sector selection, duration management and yield curve positioning.