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Showing 571 - 580 of 2083 results for Kanika Sood

GMO launches global equities fund

KANIKA SOOD  |  WEDNESDAY, 30 SEP 2020
The global manager has launched an Australian vehicle for its $13.5 billion flagship quality-focussed global equities strategy. The new trust will be open to local wholesale investors. It draws upon the GMO Quality Strategy, which has been running since ...

Industry fund adds to board

KANIKA SOOD  |  WEDNESDAY, 30 SEP 2020
A $12 billion Queensland industry fund has appointed a new director to its board, as an employee director leaves. LGIAsuper is adding Greg Hallam, who was the chief executive of the Local Government Association of Queensland for 26 years. His directorship ...

Court blocks bid to freeze Phil Kingston's assets

KANIKA SOOD  |  WEDNESDAY, 30 SEP 2020
A court has blocked an attempt by Sargon's Chinese lender to freeze the assets of Phil Kingston, as the latter heads towards public questioning next month. China Insurance Finance Group Ltd commenced court proceedings on August 24, seeking repayment ...

Sunsuper adds long/short to Aussie equities

KANIKA SOOD  |  TUESDAY, 29 SEP 2020
The industry fund is adding a long/short manager to its Australian equities allocation after sticking with long-only strategies. Sunsuper head of listed markets Greg Barnes said the fund is looking to add what he describes as an "extended alpha" strategy ...

Alex Waislitz urges OVH shareholders to vote no

KANIKA SOOD  |  TUESDAY, 29 SEP 2020
The billionaire investor is set to ask OneVue shareholders to bid against Iress's revised offer for 43 cents per share, ahead of a shareholder vote on October 9. Iress yesterday upped it June 1 offer of 40 cents to acquire OneVue to 43 cents. But the ...

Netwealth appoints international custodian

KANIKA SOOD  |  TUESDAY, 29 SEP 2020
Netwealth has appointed a global custodian, who will also provide global and domestic equities execution and fund administration. Citi, which is the third largest custodian in Australia, will provide the services to Netwealth. Citi has been executing ...

Watermark LIC seeks restructure

KANIKA SOOD  |  MONDAY, 28 SEP 2020
A Watermark-managed LIC is proposing to convert to an unlisted managed fund, as a group of investors seek to replace Geoff Wilson and John Abernethy on its board. The Australian Leaders Fund (ASX: ALF) will seek court and shareholder approval to convert ...

New role for former Credit Suisse Australia chief

KANIKA SOOD  |  MONDAY, 28 SEP 2020
Ares Management Corporation has appointed a new chair for Australia and New Zealand for its Ares SSG business, hiring Credit Suisse Australia's former chief executive. John Knox will chair Ares SSG, with the goal of helping drive expansion opportunities ...

IRESS caves in, ups OneVue bid

KANIKA SOOD  |  MONDAY, 28 SEP 2020
Nearly four months after IRESS bid to acquire OneVue for 40 cents a share, it has finally upped the price to 43 cents in a final offer. The new 43 cents per share is a 7.5% increase from IRESS's June 1 offer and comes ahead of OVH shareholders' ...

SMSF changes unlikely to mushroom new funds

KANIKA SOOD  |  FRIDAY, 25 SEP 2020
Allowing more members in SMSFs is unlikely to spur their establishment rates, according to a submission by University of Sydney's Susan Thorp. Earlier this month, a bill to increase the maximum number of SMSF members from four to six was reintroduced ...