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 Smaller Companies Fund is an Australian smaller companies equity strategy benchmarked to the S&P/ASX Small Ordinaries (TR) Index. The Fund invests primarily in companies outside the top 100 listed on the ASX, with limited exposure to New Zealand shares, cash and derivatives. Pendal applies active stock selection and fundamental research across valuation, franchise quality, management quality and financial and non-financial risk factors, without a growth or value bias.