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Search ResultsShowing 11 - 20 of 100+ results for Kanika Sood
Magellan to use BasisCode for trading compliance
KANIKA SOOD  |  TUESDAY, 2 JUN 2020
Magellan Financial Group will use Atlanta-based BasisCode Compliance LLC as the provider of its personal trading system. Magellan will implement BasisCode's Essential, Personal Trading Manager and Insider Trading Manager products. The ASX-listed fund ...
Plato fund to shutter
KANIKA SOOD  |  TUESDAY, 2 JUN 2020
An Australian shares fund run by Plato Investment Management will shutter later this month after running for nearly 14 years as its assets dwindle. Plato's Australian Shares Core Fund invested in Australian companies and was benchmarked to the S&P/ASX ...
Sequoia to acquire wealth group
KANIKA SOOD  |  MONDAY, 1 JUN 2020
Sequoia Financial Group has entered an agreement to acquire a wealth group, adding about 23 advisers and $1 billion in funds under management. Sequoia Wealth Management will acquire the customer base of Phillip Capital Limited's existing advisers ...
State Street rejigs international equities fund
KANIKA SOOD  |  MONDAY, 1 JUN 2020
State Street has relaunched an international equities fund for local investors looking for a climate change and ESG focused portfolio, with a new benchmark. The State Street Climate ESG International builds on a fund launched in 2016, which initially ...
IRESS advances surprise bid for OneVue
KANIKA SOOD  |  MONDAY, 1 JUN 2020
In a surprise announcement this morning, IRESS made an offer to acquire OneVue, whose shareholders have been waiting on the company's previously-announced buyback and recovery of money owed to it by Sargon entities. IRESS is offering to buy all ...
Sargon liquidators want to dig deeper
KANIKA SOOD  |  FRIDAY, 29 MAY 2020
Sargon Capital's liquidators are looking for extra funding to dig deeper into the company's transactions, potential claims and the possibility of a dividend payment to creditors. Wexted Advisors has asked Sargon's creditors, of which there ...
BlackRock iShares launches two ETFs
KANIKA SOOD  |  FRIDAY, 29 MAY 2020
iShares today listed two exchange traded funds on the ASX that invest in Australian corporate bonds. The iShares Yield Plus ETF (IYLD) tracks a customised Bloomberg index that measures the performance of the Australian corporate bond market after excluding ...
COVID-19 deepens life insurer losses
KANIKA SOOD  |  FRIDAY, 29 MAY 2020
Australian life insurers posted a net loss of $1.8 billion for the year ending March, taking a significant hit from the previous year's profits of $759 million, according to APRA statistics for March quarter. The life insurance industry had $185.3 billion ...
Sydney boutique shutters fund
KANIKA SOOD  |  THURSDAY, 28 MAY 2020
A Sydney boutique under Grant Samuel Funds Management's banner has closed its $28 million fund that invested in VIX and S&P 500 options. Triple3 Volatility Advantage, run by former Goldman Sachs, Merrill Lynch and JP Morgan Singapore options trader ...
ING rejigs super offering, closes balanced option
KANIKA SOOD  |  THURSDAY, 28 MAY 2020
ING's Living Super offering is putting the lid on its balanced option after feedback from members that it's too similar to the growth option, and will add two more defensive options. From July 1, Living Super will shut its balanced option to new members ...
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