Search ResultsShowing 51 - 60 of 100+ results for Kanika Sood
How much Future Fund spends in fees
KANIKA SOOD  |  FRIDAY, 18 OCT 2019
Australia's sovereign wealth fund returned a stellar 11.5% in the year to June, but how much did it spend on fees? In its annual report published this week, the Future Fund reported it had a "direct ratio cost" of 0.203% and "look-through costs" ...
CommInsure eyes deferred lifetime annuities
KANIKA SOOD  |  FRIDAY, 18 OCT 2019
CommInsure is looking to expand its annuity offering as it sees opportunity in the fast-approaching deadline for superannuation funds to develop comprehensive retirement income products (CIPRs). The life insurer, which is in the process of changing ...
Dealer group shuts after advisers depart
KANIKA SOOD  |  FRIDAY, 18 OCT 2019
A dealer group boss decided to close down its Australian Financial Services License after finding it hard to restock advisers with the FASEA education requirements. Queensland-based Myonlineadvisers was started by James Sutherland in 2012 as a non-aligned ...
AustralianSuper rules out SMSF options
KANIKA SOOD  |  THURSDAY, 17 OCT 2019
AustralianSuper chief executive Ian Silk said the $170 billion superannuation fund will not open its investment options to self-managed-superannuation, unlike HostPlus which made the move in June. The $43 billion HostPlus opened up some of its options ...
Dealer group awards investment mandate
KANIKA SOOD  |  THURSDAY, 17 OCT 2019
Marty Switzer's Contango Asset Management has won a mandate from a financial advice dealer group. Lifespan Financial Planning made a $20 million inaugural allocation to a global large cap strategy managed by WCM Investment Management. WCM is headquartered ...
Challenger director jumps to global manager
KANIKA SOOD  |  THURSDAY, 17 OCT 2019
A global private markets manager has hired an experienced Challenger director to lead its efforts in Australia and New Zealand. Warwick Mancini is joining HarbourVest Partners as a principal, making him responsible for investor relations for the region. ...
ASX faces challenge on ETF stronghold
KANIKA SOOD  |  TUESDAY, 15 OCT 2019
ASX-listed exchange traded funds have raised close to $56 billion but now its lesser-known rival Chi-X is ready to start listing ETFs, with a Kapstream fund kicking off on it today. Chi-X started off trading small amounts of equities in Australia in ...
Stanford Brown eyes expansion
KANIKA SOOD  |  TUESDAY, 15 OCT 2019
The private wealth firm is gearing up to add to its offering, chief executive Jonathan Hoyle says. Stanford Brown's core business is private wealth but it offers ancillary services including mortgage broking, property buying and insurance. In the coming ...
Portfolio manager departs LIC
KANIKA SOOD  |  TUESDAY, 15 OCT 2019
One of Australia's oldest global shares LICs is bidding farewell to its portfolio manager who is leaving the manager after 19 years to pursue other opportunities. Franklin Templeton announced Peter Wilmshurst's departure from the company earlier this ...
ETFS Capital backs indexing startup
KANIKA SOOD  |  FRIDAY, 11 OCT 2019
ETFS Capital, chaired by Australian billionaire Graham Tuckwell, made a significant investment in a London indexing startup founded by industry heavyweights last year. Moorgate Benchmarks kicked off last year and aims to provide benchmark solutions ...
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