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Showing 231 - 240 of 784 results for super kanika sood

Super reforms modest negative for AMP, IOOF: Credit Suisse

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... proposing to subject all MySuper products to a new APRA-administered annual test from July 2021 and all trustee-directed super products from July 2022. Funds that fall five percentage points below the benchmark two years in a row will be barred from ...

Super's role in new $10bn infra spend

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... high priority projects, 21 priority projects, 37 high priority initiatives and 90 priority initiatives). "Certainly, the super funds will have a role to play as they may participate as investors in long-term, nation building projects and their members ...

Queensland funds explore merger

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... have signed a memorandum of understanding to explore a merger which could create a $20 billion superannuation fund. Energy Super and LGIAsuper will commence due diligence on an exclusive basis, to vet if a merger will be in the best interest of both ...

MySuper funds face new test, member bans

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... accounts will be "stapled" to member accounts to avoid mushrooming of duplicate accounts. This has been panned by Industry Super Australia in the past, which said it may encourage errant behavior from funds as they look to attract first-time super entrants ...

Vanguard to cull institutional mandates

KANIKA SOOD  |  FRIDAY, 2 OCT 2020
... 12 local institutional investors, as it pivots away from the lower-fee business line to retail, adviser and its in-house super offering. Vanguard will discontinue special mandates but still allow them in its pooled funds. "This is an ambitious plan and ...

GMO launches global equities fund

KANIKA SOOD  |  WEDNESDAY, 30 SEP 2020
The global manager has launched an Australian vehicle for its $13.5 billion flagship quality-focussed global equities strategy. The new trust will be open to local wholesale investors. It draws upon the GMO Quality Strategy, which has been running since ...

SMSF changes unlikely to mushroom new funds

KANIKA SOOD  |  FRIDAY, 25 SEP 2020
... carefully monitor performance relative to other superannuation vehicles and are not more financial sophisticated than general super members. The submission also said the people most likely to benefit from relaxing SMSF maximum members would be financial ...

Boutique extends GBST partnership

KANIKA SOOD  |  TUESDAY, 22 SEP 2020
Warakirri Asset Management has extended its partnership with after-tax investment-focused service provider GBST for its superannuation clients to include international indices. Warakirri and GBST have worked together for a decade, providing custom after-tax ...

Watermark sheds market neutral fund

KANIKA SOOD  |  THURSDAY, 17 SEP 2020
The Sydney boutique is handing over its $36 million market neutral fund to another manager, as it looks to focus on its long/short strategies. The Watermark Market Neutral Trust, which has been running for eight years, will transition to Dalton Street ...

Lonsec to sell 37% stake to Generation

KANIKA SOOD  |  THURSDAY, 17 SEP 2020
ASX-listed Generation Development Group is set to pay about $20.1 million to buy a 37% strategic stake in investment research and ratings house Lonsec Holdings Pty Ltd. Generation will raise up to $35 million via an institutional placement and accelerated ...