Search ResultsShowing 31 - 40 of 100+ results for Kanika Sood
Frozen fund pays investors
KANIKA SOOD  |  TUESDAY, 29 OCT 2019
Investors stuck in a Queensland-based mortgage income fund that went belly up in the GFC have finally received an interim distribution. LM First Mortgage Income Fund's unitholders are set to receive an interim distribution of 6.5 cents for each dollar ...
VanEck launches new fixed income ETF
KANIKA SOOD  |  TUESDAY, 29 OCT 2019
VanEck will tomorrow list a new fixed income ETF that capitalises on APRA's expanded capital requirements for big banks, to deliver investors yield north of 2%. The VanEck Vectors Australian Subordinated Debt ETF (ASX: SUBD) will hold a portfolio of ...
ASIC wins appeal against Westpac companies
KANIKA SOOD  |  MONDAY, 28 OCT 2019
In a fresh blow to Westpac, the Federal Court this morning delivered the corporate regulator a win in its appeal against a previous ruling on Westpac's telephone campaigns. The full court this morning said ASIC's appeal will be allowed with ...
New chair at Local Government Super
KANIKA SOOD  |  MONDAY, 28 OCT 2019
The $12 billion superannuation fund has appointed its first independent chair, after amending its constitution in June to add more independent candidates to its board. Local Government Super's new board chair is Kyle Loades who has worked with NRMA ...
Colonial First State launches new fund
KANIKA SOOD  |  FRIDAY, 25 OCT 2019
Colonial First State has expanded its partnership with Scottish manager Baillie Gifford, launching a stewardship-focused fund for Australian investors. Baillie Gifford Global Stewardship Fund will invest in 70 to 100 global stocks, picked with stewardship ...
NAB fixed income sales director moves to BOC
KANIKA SOOD  |  FRIDAY, 25 OCT 2019
Bank of China hired a former NAB and FIIG fixed income sales director for its Sydney offices as it sees its Australian business grow. Mark Todd is joining Bank of China as its head of fixed income sales. In his most recent role, Todd was a director ...
US real estate manager eyes Australia
KANIKA SOOD  |  FRIDAY, 25 OCT 2019
An American fund manager investing in residential real estate teamed up with a local distributor to attract superannuation funds and other institutional investors. San Francisco's Unison Investment Management co-invests in residential real estate ...
Berkshire to chase growth for InvestSMART
KANIKA SOOD  |  FRIDAY, 25 OCT 2019
The ASX-listed financial services business has hired Berkshire Global Advisors to look for growth options as its revenue from grandfathered commissions starts to dry up. Commissions on funds and insurance products accounted for more than 56% of InvestSMART's ...
Senior lawyer drags AMP to court
KANIKA SOOD  |  THURSDAY, 24 OCT 2019
A former AMP lawyer is claiming over $2 million from the company for unfair dismissal after she raised concerns about fee-for-no-services practices with its former top executives. Larissa Baker Cook was involved in AMP's legal preparation for the ...
Firetrail fund gets Morningstar rating
KANIKA SOOD  |  THURSDAY, 24 OCT 2019
Firetrail's Australian High Conviction Fund has earned a bronze rating from Morningstar after underperforming the benchmark by 11.7% in the year to September end. The fund holds a concentrated portfolio of Australian stocks and is managed by former ...
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