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Showing 101 - 110 of 1159 results for "Trusts"

ASIC acts against illegal investment scheme operator

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
... seeking to have The A Team Property Group wound up, alongside five of the investment schemes and all associated companies and trusts. It also wants Hopkins banned from managing corporations. The regulator already had Hopkins' assets frozen in June ...

Ownership changes spur upheaval in unit trust sector

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... the wake of the scandals exposed by the Royal Commission, Rainmaker said. As an example, AMP Capital's remaining unit trusts have lost around $1.9 billion in net flows in the year to March. "A significant amount of unit trust assets and management ...

Platforms FUM falls $20bn: Report

CHLOE WALKER  |  WEDNESDAY, 12 JUL 2023
In the year to March end, total funds under management (FUM) held by platforms, wraps and master trusts dropped by $19.5 billion, according to Plan For Life. Specifically, platforms saw a 1.9% decline from over $1 trillion to $982.5 billion, and year ...

Sequoia expands professional services arm

CASSANDRA BALDINI  |  WEDNESDAY, 12 JUL 2023
... for $3.15 million. Castle Corporate assists accountants, financial advisers, and lawyers with the formation of companies, trusts, and self-managed super funds. Meanwhile, Castle Legal is its boutique legal practice subsidiary. Sequoia said the acquisition ...

Super gender balance gap increases

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
... earned franked dividends of $8509 on average. Franking credits were valued at $3412. Nearly 1.7 million partnerships and trusts (excluding non-primary production) earned $35,353 on average.

Macquarie AM wins manager of the year: ILAs

STAFF WRITER  |  FRIDAY, 2 JUN 2023
... Australian investors. "There are a lot of products available now through multiple distribution channels, such as unlisted unit trusts and exchange-traded products. Our role is to help investors identify which products should be part of their decision-making ...

No regrets: Hayne reflects on Royal Commission

KARREN VERGARA  |  TUESDAY, 30 MAY 2023
... price comparison, the customer makes the choice to accept or reject what is offered according only to whether the customer trusts and often the customer does that by reference only to the suppliers' reputation," he said. Hinting at the possibility ...

ASIC, APRA reviewer deprioritised by government

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
... over two years to establish a public registry of beneficial ownership of companies and other legal vehicles, including trusts, and $5 million over five years to continue a superannuation consumer advocate to improve members' outcomes. This consumer advocate ...

CVC sells 20% stake in Eildon

KARREN VERGARA  |  MONDAY, 24 APR 2023
... for investments in the medium term. Founded in 2004, Samuel Terry invests in debt and equity, and is owned by the family trusts of Fred Woollard, Nigel Burgess and Mitch Taylor. They manage the Samuel Terry Absolute Return Fund, a wholesale fund that ...

REITs merit place in multi-asset portfolios: Insight

CASSANDRA BALDINI  |  TUESDAY, 4 APR 2023
Real estate investment trusts (REITs) can play an important role in institutional portfolios through strategic and dynamic allocations, explained DWS Asset Management and GIC Capital Markets. In a joint paper, the firms said REITS can complement private ...