Search ResultsShowing 71 - 80 of 100+ results for Kanika Sood
Ellerston LIC chair resigns
KANIKA SOOD  |  THURSDAY, 20 FEB 2020
Ashok Jacob has resigned as the chair of the $143 million Ellerston Asian Investments, as another Ellerston LIC looks to delist after being pursued by an activist investor. Ellerston Asian Investments (EAI) will now be chaired by Bill Best, who has ...
OneVue recoups $4.36m from Sargon
KANIKA SOOD  |  THURSDAY, 20 FEB 2020
OneVue Holdings has sold Sequoia shares which it took control of earlier this month from a Sargon subsidiary. Now, it's scouting buyers for Madison Financial Group. The Sequoia shares fetched OneVue net proceeds of $4.36 million (or about 18 cents a ...
Focus to acquire stake in MEDIQ
KANIKA SOOD  |  WEDNESDAY, 19 FEB 2020
Following its acquisition of a stake in Escala Partners, New York-based Focus Financial Partners is set to buy a slice of Melbourne-based MEDIQ Financial Services. Focus has entered a definitive agreement to partner with Ravi Agarwal's MEDIQ Financial ...
Bleak year for dividend growth in Australia
KANIKA SOOD  |  WEDNESDAY, 19 FEB 2020
As the world surged to a record-year in dividend payouts, Australian companies swam in the other direction and hit 2015 levels, according to Janus Henderson's global dividend index. In all, listed companies across the world paid $1.43 trillion in dividends ...
Australian ETF industry competition heats up
KANIKA SOOD  |  TUESDAY, 18 FEB 2020
Australia's ETF industry has become more competitive over the years but is still moderately concentrated to a few players, according to new analysis from Rainmaker. Rainmaker head of investment research John Dyall calculated the Herfindahl-Hirchman ...
AustralianSuper SG modelling paints dismal picture
KANIKA SOOD  |  TUESDAY, 18 FEB 2020
The average female member of Australia's largest superannuation fund will not be able to achieve a comfortable retirement even with a 12% superannuation guarantee, according to the fund's internal modelling. AustralianSuper calculated expected ...
IOOF profits fall 39%, advice margins drop
KANIKA SOOD  |  TUESDAY, 18 FEB 2020
IOOF's underlying net profit after tax slumped 39% in the first half of FY20 to $56.6 million, following increased governance spending, pricing pressures and divestments. Statutory NPAT was $115 million, buoyed by proceeds from IOOF's sale of Ord Minnett ...
Future Fund property head departs
KANIKA SOOD  |  MONDAY, 17 FEB 2020
The $168 billion sovereign wealth fund is looking for a new head of unlisted property as the incumbent leaves after 11 years. Stewart Tillyard was appointed to the head of unlisted property role in June 2018 after a restructure during which the head ...
T. Rowe Price shutters local fund
KANIKA SOOD  |  MONDAY, 17 FEB 2020
Great returns and a well-regarded portfolio manager were not enough to save the local version of T. Rowe Price's Asian equities ex Japan fund, which is shutting after outflows. The T. Rowe Price Asia ex-Japan fund is managed by Hong Kong-based Anh ...
New partners at HLB Mann Judd
KANIKA SOOD  |  MONDAY, 17 FEB 2020
HLB Mann Judd has appointed two new partners across Adelaide and Wollongong, taking the firm's total to 85 partners. Travis Rickard will be a partner in audit, assurance and corporate advisory division in Adelaide. The second appointment sees Paul Apolloni ...
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