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Showing 411 - 420 of 2083 results for Kanika Sood

Bad year for super funds

KANIKA SOOD  |  THURSDAY, 14 JAN 2021
Three in four superannuation funds reported negative net earnings last year, after accounting for all expenses and income. About 109 superannuation funds had a negative year, while only 33 had a positive year, according to APRA's fund-level data for ...

Bell Financial Group profits up 44%

KANIKA SOOD  |  THURSDAY, 14 JAN 2021
Bell Financial Group this morning said its net profit after tax for 2020 increased 44% to $46.7 million for the year ending December. The unaudited results precede the results announcement coming in February. Revenue increased 18% to $299 million. Earnings ...

BNP Paribas to offer initial margin services

KANIKA SOOD  |  THURSDAY, 14 JAN 2021
BNP Paribas Securities Services is expanding its collateral management services in Asia Pacific, to include initial margin requirements arising for non-cleared OTC derivatives positions. Initial margin rules for non-cleared derivatives transactions ...

Former Christian Super deputy CIO in new role

KANIKA SOOD  |  WEDNESDAY, 13 JAN 2021
The former deputy chief investment of Christian Super has joined the Cook Islands National Superannuation Fund, as it starts an internal investment team. David Brown commenced as the chief investment officer of the fund this week. The Cook Islands National ...

Flexstone appoints head of ESG

KANIKA SOOD  |  WEDNESDAY, 13 JAN 2021
The Natixis private markets boutique has appointed a head of ESG in a newly-created role. Caroline Gilbert will lead Flexstone's ESG strategy at portfolio and firm level. Gilbert's three objectives will be: to reach a target of 40% women in ...

MLC Life appoints executive

KANIKA SOOD  |  WEDNESDAY, 13 JAN 2021
MLC Life has appointed a new chief life insurance officer, as Sean McCormack gets ready for a February 26 departure. The role is going to Michael Rogers, who has worked as QSuper's general manager for insurance while it set up its own insurer QInsure. ...

HESTA hikes group insurance premiums again

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
For the second time in a year, the $52 billion superannuation fund is increasing the total cost of its standard group insurance cover for members. HESTA's standard insurance cover -- which eligible members automatically receive upon signing up unless ...

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 ...