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Search ResultsShowing 21 - 30 of 100+ results for Kanika Sood
AustralianSuper breached member's privacy: Regulator
KANIKA SOOD  |  TUESDAY, 12 JAN 2021
The $180 billion superannuation fund has been ordered to audit certain procedures, after a member's complaint to a federal regulator found the fund interfered with their privacy. The Office of the Australian Information Commissioner (OAIC) on December ...
Platinum's lead PM for Asia fund departs
KANIKA SOOD  |  TUESDAY, 12 JAN 2021
The $5.2 billion Platinum Asia Fund's lead portfolio manager tendered their resignation at the end of 2020. Joseph Lai joined Platinum in 2004, became the co-manager of the Asia fund in 2011 (alongside current Platinum chief investment officer Andrew ...
Sydney boutique hires former Franklin PM
KANIKA SOOD  |  TUESDAY, 12 JAN 2021
Nanuk Asset Management has expanded its team, hiring a former Franklin Templeton portfolio manager. Peter Wilmshurst will join Nanuk this month. Wilmshurst spent the last 20 years in the Templeton Global Equity Group, working across Bahamas, Fort Lauderdale ...
HESTA hires from Frontier
KANIKA SOOD  |  MONDAY, 11 JAN 2021
The $56 billion superannuation fund has hired Frontier's head of alternatives and derivatives. Michael Sommers has been appointed HESTA's general manager portfolio construction and risk and will join its investment leadership structure. Sommers ...
Tasplan says goodbye to lifecycle MySuper
KANIKA SOOD  |  MONDAY, 11 JAN 2021
After four years of offering its MySuper option as a lifecycle product, Tasplan plans to switch back to single strategy citing higher costs among the reasons. The $11.5 billion superannuation fund is set for a merger with the $12.6 billion MTAA Super ...
AMG Super rebrands divisions to cut costs
KANIKA SOOD  |  MONDAY, 11 JAN 2021
The $1.4 billion Brisbane retail superannuation fund will drop individual branding of two funds it acquired in 2018, as it aims to reduce expenses over next three years. AMG Super , which is partly owned by DDH Graham, has so far run the $140 million ...
360's plan for Evans Dixon
KANIKA SOOD  |  THURSDAY, 7 JAN 2021
360 Capital yesterday published details of plans for E&P Financial Group if its takeover attempt succeeds, including restructuring EP1 into two units and replacing its directors. 360 Capital yesterday filed a bidder's statement, following its revised ...
David Atkin joins ME Bank board
KANIKA SOOD  |  THURSDAY, 7 JAN 2021
Former Cbus Super chief executive David Atkin, who r ecently joined AMP Capital , has just added a board position at ME Bank. David Atkin joined the industry-fund-owned bank's board as a non-executive director on January 1, alongside Westpac's ...
MLC Life Insurance raises $650 million
KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
The insurer received a $650 million capital injection just before Christmas, as its majority owner Nippon Life sees the risk of MLC Life's "stagnant" business performance continuing beyond 2021. The raise includes $530 million in ordinary equity, priced ...
WTW appoints Australia segment head
KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
Willis Towers Watson has appointed a head for financial solutions for Australia and New Zealand, as it looks to expand its insurance products in the region. Lee Garvey will oversee the segment, which will develop products including credit and non-payment ...
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