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Showing 491 - 500 of 2083 results for Kanika Sood

AustralianSuper net-zero promise flawed: MarketForces

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
AustralianSuper's promise to go net-zero in carbon emissions by 2050 fails to "match, let alone improve on" what its peer funds are doing, says MarketForces. Last Thursday, AustralianSuper said it would target net-zero carbon emissions by 2050 to ...

Fidante signs on new partner

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
Challenger's Fidante Partners has signed on a private equity manager focused on food and agribusiness. Fidante will market Minneapolis-headquartered Proterra Investment Partners' Asia Food Strategy to European investors. Proterra has $4.4 billion in ...

Clime to wind up Australian value fund

KANIKA SOOD  |  TUESDAY, 17 NOV 2020
The 14-year-old fund is headed for the door as asset growth falters. The Clime Australian Value Fund was set up in 2006 (wholesale units followed in 2011) and had $79 million in total assets at June end. It targeted capital growth and a growing level ...

Stockpicker pay cheques revealed

KANIKA SOOD  |  TUESDAY, 17 NOV 2020
Heads of equities took home an average of $704,167 this year but a third said their bonuses were zilch for 2020, according to Peter Lee Associates' pay benchmarking of the sector. Peter Lee interviewed 80 investment professionals in September and October ...

ASIC sounds the alarm on buy-now-pay-later

KANIKA SOOD  |  MONDAY, 16 NOV 2020
One in five users of buy-now-pay-later services are missing payments, as the industry almost doubles its lending, according to ASIC's latest review of the sector. The sector tallied up $43 million in revenue from missed payments in FY19, rising 38% ...

AMP Capital shutters Aussie equities fund

KANIKA SOOD  |  MONDAY, 16 NOV 2020
AMP Capital has decided to close its 19-year old sustainable share fund, after its portfolio managers Genevieve Murray and Emily Woodland announced their resignations in August. In a notice sent to investors on Friday, AMP Capital attributed the closure ...

Pinnacle boutique to shut fund

KANIKA SOOD  |  FRIDAY, 13 NOV 2020
Systematic global macro manager Two Trees Investment Management is shutting its Australian unit trust, as assets dwindle and the strategy underperforms. The Two Trees Investment Management's Global Macro Fund will be terminated given its small size. ...

Ironbark to wind up emerging markets fund

KANIKA SOOD  |  FRIDAY, 13 NOV 2020
Ironbark Asset Management has terminated an emerging markets small caps fund, after the underlying manager decided to close. The Ironbark Copper Rock Emerging Markets Opportunities Fund aimed to beat the MSCI Emerging Markets Small Cap Index (in AUD) ...

APRA eases hard caps in revamped executive pay

KANIKA SOOD  |  THURSDAY, 12 NOV 2020
A new draft of APRA's remuneration guidelines has scrapped its original plan to cap financial measures' contribution to executives' variable remuneration at 50%. Instead the boards will be able to assign a "material weight" to how much of ...

Evans Dixon thwarts Tony Pitt...for now

KANIKA SOOD  |  THURSDAY, 12 NOV 2020
At Evans Dixon's annual general meeting yesterday, shareholders delivered a first strike against the remuneration report but were happy to pass the options and rights plan to the dismay of 360 Capital. 360 Capital's October 27 offer to acquire ...