Search ResultsShowing 51 - 60 of 100+ results for Kanika Sood
Bravura circles competitor
KANIKA SOOD  |  FRIDAY, 12 APR 2019
The wealth management software firm has made a proposal to acquire another ASX-listed fintech that could value the latter at up to $170 million. Bravura Solutions submitted a non-binding indicative proposal to acquire all shares of GBST Holdings ...
J.P. Morgan still the top custodian
KANIKA SOOD  |  FRIDAY, 12 APR 2019
J.P. Morgan held on to the top spot among custodians as total assets under custody in Australia fell 1.2% in the half-year ending December 31. Lacklustre markets pushed the total assets under custody down to $3.58 trillion in the period, according ...
L1 eyes $70m for UK property fund
KANIKA SOOD  |  THURSDAY, 11 APR 2019
L1 Capital's latest UK residential property fund is expecting to raise between $60 million and $70 million as financial planning groups and rich investors hunt opportunities for attractive yields. The fund is targeting a distribution yield of ...
Super funds hungry for global stocks, alternatives
KANIKA SOOD  |  THURSDAY, 11 APR 2019
The lion's share of the institutional mandates awarded in Australia last year went to international equities and alternatives manager, the latest Rainmaker Mandate Chaser report shows. Not-for-profit superannuation funds and investment managers ...
CBA, ASIC move to resolve AFSL conditions
KANIKA SOOD  |  WEDNESDAY, 10 APR 2019
ASIC has released the final compliance report on the conditions it placed on Commonwealth Financial Planning and Financial Wisdom in 2014. Commonwealth Bank has paid a further $2.3 million to 232 clients advised by five of its advisers, according ...
Platform provider wins mandate
KANIKA SOOD  |  WEDNESDAY, 10 APR 2019
An ASX-listed platform provider has won a mandate from a wealth firm for a new managed discretionary account service. Managed Accounts Holdings will work with First Point Wealth Management to set up an MDA service. The move comes as First Point ...
Vanguard launches ETF, appoints new lead
KANIKA SOOD  |  WEDNESDAY, 10 APR 2019
A new Vanguard ETF commenced trading on the ASX this morning, just as the company announces a new investment head for the Australian quantitative equities business. The Vanguard Global Multi-factor ETF (ASX: VGMF) aims to outperform the ...
Colonial acquisition cost CBA shareholders $53bn: Merlon
KANIKA SOOD  |  TUESDAY, 9 APR 2019
CBA's decision to purchase Colonial under then chief executive David Murray destroyed $53 billion of value to shareholders in today's dollars, says Merlon Capital Partners. Analyst Hamish Carlisle says CBA overpaid for Colonial in 2000, and ...
Crestone builds investment team
KANIKA SOOD  |  TUESDAY, 9 APR 2019
The private wealth firm with $17 billion in assets under management has hired from JANA and Morningstar as it builds out its investment team. Stan Shamu is joining Crestone Wealth Management as a senior portfolio strategist from JANA Investment ...
Tribeca portfolio manager departs
KANIKA SOOD  |  TUESDAY, 9 APR 2019
Tribeca Investment Management's Jun Bei Liu is now the sole portfolio manager for the Tribeca Alpha Plus Fund after her co-portfolio manager stepped down. Sean Fenton has left the firm after 14 years, the boutique said in a statement Responsibility ...
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