Search ResultsShowing 1 - 10 of 100+ results for Kanika Sood
MLC MySuper switches to lifestage
KANIKA SOOD  |  FRIDAY, 22 FEB 2019
MLC is switching its default superannuation product from single strategy to lifestage. It's also increasing its allocation to growth assets. MLC MySuper currently has a 70% allocation to growth assets like stocks, property and infrastructure ...
Arming human traders for big-ticket trades
KANIKA SOOD  |  THURSDAY, 21 FEB 2019
A new trading software is aiming to make life easier for asset managers trading large chunks of Australian equities, ETFs or futures. Liquidnet's new software, called Discovery, aims to give human traders the same level of analytics as accessible ...
AFCA hears legacy complaints
KANIKA SOOD  |  THURSDAY, 21 FEB 2019
The Australian Financial Complaints Authority will start taking legacy complaints starting July 1 for a limited amount of time. The Federal Government recently extended AFCA's remit after the Financial Services Royal Commission. This means the ...
Advice group appoints general manager
KANIKA SOOD  |  THURSDAY, 21 FEB 2019
An advice licensee owned by HUB24 hired from BT Financial Group to fill a newly-created general manager role. Sonya Choi La Rosa is joining Paragem after six years at BTFG. She has 20 years' leadership experience, including senior roles at ...
Platinum LIC posts $29m in losses
KANIKA SOOD  |  WEDNESDAY, 20 FEB 2019
Platinum Capital Limited posted $29 million in net losses after tax for the half year ending December 31. The listed investment company (ASX: PMC) has $446 million in funds under management, invests in developed and emerging markets businesses, and ...
Ausbil launches dividend income fund
KANIKA SOOD  |  WEDNESDAY, 20 FEB 2019
The $11 billion equities manager has launched a fund that will invest in S&P/ASX 200 companies with the aim of paying monthly distributions. The Ausbil Active Dividend Income fund will generate dividend income through cyclical opportunities ...
Fidelity adds US equities exposure
KANIKA SOOD  |  TUESDAY, 19 FEB 2019
Fidelity is eschewing technology-heavy growth areas of the market for value stocks as it increases exposure to US equities in its multi-asset strategies. Fidelity's multi-asset chief investment officer James Bateman said US value stocks are looking ...
Family office backs new boutique
KANIKA SOOD  |  TUESDAY, 19 FEB 2019
Three founding members of Macquarie's Asian listed equities division are set to launch a boutique with the backing of a prominent family office. Sam Le Cornu, who was Macquarie's Asian listed equities business' co-head, executive director and head ...
Charities and trust: Glass half empty or half full?
KANIKA SOOD  |  TUESDAY, 19 FEB 2019
A recent survey says Australia's trust in non-profits strengthened last year, yet complaints received by the charity regulator are rising. The 2019 Edelman Trust Barometer found 56% of Australians trusted non-governmental organisations to do the ...
Adviser asked to cover regulator costs
KANIKA SOOD  |  MONDAY, 18 FEB 2019
The Queensland Supreme Court has issued orders against a man who ran an unlicensed advice business and collected kickbacks on investment properties he recommended to his SMSF clients. Richard Gardner and Advanced Wealth Financial Services Pty Ltd ...
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