Search ResultsShowing 81 - 90 of 100+ results for Kanika Sood
ASIC sues ANZ over unlawful fees
KANIKA SOOD  |  THURSDAY, 25 JUL 2019
The corporate regulator is suing ANZ, alleging the bank unlawfully charged customers certain periodic fees exceeding $50 million. ASIC estimates the total gross loss to customers is in excess of $50 million for 1.3 million occasions of unlawfully charged ...
IPOs fewer but performing well
KANIKA SOOD  |  THURSDAY, 25 JUL 2019
Fewer companies sought to list on the ASX in the first half of the year but IPO investors were rewarded well on the listing day, according to HLB Mann Judd's biannual IPO report. Only 23 companies listed in the six months to June, raising $823 million. ...
Buy time ahead for Aussie equities: Tribeca
KANIKA SOOD  |  THURSDAY, 25 JUL 2019
Australian share investors can expect buying opportunities heading into the reporting season even though the index just hit its post-GFC high, according to Tribeca's Jun Bei Liu. The S&P/ASX 200 has climbed more than 1200 points or about 20% since the ...
AXA equities executive departs
KANIKA SOOD  |  WEDNESDAY, 24 JUL 2019
AXA Investment Managers' head of Framlington Equities for Asia left the business at end of May, the manager confirmed. Mark Tinker moved to Hong Kong in September 2013 to lead the expansion of the Framlington Equities franchise in Asia, where he ...
Global manager hires from Magellan
KANIKA SOOD  |  TUESDAY, 23 JUL 2019
An international manager with a growing local footprint has hired a Magellan business development manager as its wholesale distribution lead. GQG Partners appointed Daniel Bullock as director of wholesale markets Australia. Bullock was most recently ...
Keybridge shareholder threatens board spill
KANIKA SOOD  |  TUESDAY, 23 JUL 2019
A shareholder of Keybridge Capital says its board is "effectively deadlocked" on key decisions, and is asking all directors to voluntarily resign and put themselves up for re-election by shareholders. Bentley Capital owns about 20% of Keybridge Capital ...
Cooper Investors launches equities fund
KANIKA SOOD  |  MONDAY, 22 JUL 2019
The $13.5 billion Melbourne equities boutique has launched its first fund in five years, after running the strategy internally for over two years with a 16% plus annualised gross return. Cooper Investors said its new Global Endowment Fund will hold ...
Super fund hires strategy lead from MLC Life
KANIKA SOOD  |  MONDAY, 22 JUL 2019
An $80 billion industry superannuation fund has hired a former MLC Life chief customer officer. Anand Thomas is joining UniSuper as chief strategy and marketing officer, in a role that will work closely with the chief executive Kevin O'Sullivan. ...
CommSec fixes faulty statements
KANIKA SOOD  |  FRIDAY, 19 JUL 2019
CommSec has identified issues in statements it sent to customers holding exchange traded options through its platform and is fixing them. CommSec made the first batch of changes to ETO statements in October last year and has a pipeline of future work ...
Portfolio manager caught out faking returns
KANIKA SOOD  |  FRIDAY, 19 JUL 2019
A portfolio manager artificially inflated a fund's returns and collected a large bonus on the back of it, the US corporate regulator alleged. New Jersey-based portfolio manager and trader Swapnil Rege was employed by a company referred to as Fund Adviser ...
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