ASIC extends transitional relief period for closed funds to 2010WEDNESDAY, 5 MAR 2003 11:25AMThe Australian Securities and Investments Commission (ASIC) today announced that it would extend the period of transitional relief, which would negate costs, burdens and investor protections related to transitional and registration requirements to passively-managed or closed-managed investment schemes till June 30 2010. |
Editor's Choice
Shield investors launch Macquarie class action
Gordan Legal commenced a class action against Macquarie Investment Management, alleging the investors in the collapsed Shield Master Fund have not been fully compensated for losses affecting their retirement savings.
Sequoia plots potential restructure
Sequoia Financial Group, the parent company of InterPrac Financial Planning, is conducting a thorough review of all its operating subsidiaries for a potential restructuring.
Australia's family offices surpass $323bn in assets
Family offices in Australia have surpassed $323 billion in assets, according to data from Rainmaker Information.
Guardians names head of portfolio completion
The Guardians of New Zealand Superannuation has appointed a new head of portfolio completion who hails from QIC's liquid markets team.
Further Reading
Products
Featured Profile

Rachel Alembakis
STEWARDSHIP MANAGER
UNITING ETHICAL INVESTORS LIMITED
UNITING ETHICAL INVESTORS LIMITED
As a highly respected journalist, Rachel Alembakis helped push sustainable investing on the agenda long before it was mainstream. Now, she's stepped into the arena to shape the industry from within. Karren Vergara writes.






