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Showing 261 - 270 of 2083 results for Kanika Sood

Challenger to change annuity pricing

KANIKA SOOD  |  TUESDAY, 20 APR 2021
Challenger posted record life sales but warned investors of lower FY21 profits, as tighter credit spreads force it to change annuity pricing. The life business, which includes annuities and other products such as Challenger Index Plus, saw $1.37 billion ...

Adviser-led TPD claim admittance rates fall

KANIKA SOOD  |  TUESDAY, 20 APR 2021
New data from APRA and ASIC shows 81% of adviser-led TPD claims were admitted in 2020, down from 87% two years ago. The joint claims data published by APRA and ASIC included death, total and permanent disability (TPD), trauma, and disability income ...

State Street the largest institutional manager

KANIKA SOOD  |  MONDAY, 19 APR 2021
State Street Global Advisors took out first place in R ainmaker's latest rankings of local institutional investment managers by total assets to December end. State Street ended 2020 with $175.3 billion in institutional funds under management sourced ...

Two Aussie CIOs on top 100 list

KANIKA SOOD  |  FRIDAY, 16 APR 2021
Two Australian chief investment officers made the annual Power 100 list published by Chief Investment Officer. Con Michalakis, who has been Statewide Super's chief investment officer since 2008, was on the list alongside $171 billion Future Fund's ...

Netwealth FUA crosses $40 billion

KANIKA SOOD  |  FRIDAY, 16 APR 2021
Netwealth ended March 2021 with $41.8 billion in funds under administration, an increase of 50% over the prior corresponding period. Net inflows in FUA slowed down from $3.2 billion in previous corresponding period to $2.3 billion. Netwealth attributed ...

Andrew Thorburn joins IIG

KANIKA SOOD  |  FRIDAY, 16 APR 2021
The former NAB chief executive has joined Melbourne's Impact Investing Group as a part-time executive, as the latter's chief executive leaves. Daniel Madhavan was IIG's chief executive from November 2017 to April 2021. Madhavan joined the IIG after ...

Sydney multi-boutique adds crypto fund

KANIKA SOOD  |  FRIDAY, 16 APR 2021
A Sydney multi-boutique has signed on a passive fund that tracks Bitcoin and will offer it to Australian investors. The fund is managed by Arrano Capital and is open to institutional investors and will be distributed by Mantis Funds. It is Caymans domiciled ...

Equity Trustees adds new client

KANIKA SOOD  |  THURSDAY, 15 APR 2021
Equity Trustees will provide UCITS services to a newly launched fund in the UK. Gate Capital Group's The Written Fund invests in equities and has an active equity option writing strategy. "We're pleased to have been chosen by Gate Capital to partner ...

Pendal gets $900m net inflows

KANIKA SOOD  |  THURSDAY, 15 APR 2021
Pendal Group saw $900 million in net inflows in the quarter ending March, taking its assets over $100 billion again. Pendal ended March with $101.7 billion in total funds under management (FUM), 4.4% higher than December's closing FUM of $97.4 billion. ...

Vanguard Super appoints board

KANIKA SOOD  |  THURSDAY, 15 APR 2021
Vanguard has appointed a four-person board for its forthcoming superannuation product, to be chaired by Peggy O'Neal. The board for Vanguard Super Pty Ltd will include Jeremy Duffield, Anne Flanagan and Cynthia Lui. O'Neal is a former partner at law ...