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Showing 121 - 130 of 437 results for "Managed investment scheme"

Montgomery, Aura Group launch new income fund

CHLOE WALKER  |  THURSDAY, 8 SEP 2022
... partnership with Aura Group, the Aura Core Income Fund. The fund is an open-ended, Australian-registered managed investment scheme with a minimum investment of $25,000, offering clients exposure to the private debt investments. Its objective is to preserve ...

CSLR establishment is critical: FPA

CHLOE WALKER  |  FRIDAY, 12 AUG 2022
The Financial Planning Association of Australia (FPA) has called out the urgent need for a broad-based Compensation Scheme of Last Resort (CSLR) following ASIC's recent notice for former Dixon Advisory clients to register any complaints with the ...

Holon, Gemini launch retail crypto funds

CASSANDRA BALDINI  |  THURSDAY, 28 JUL 2022
... and 0.4% capped fund. The statement added the Holon Filecoin Fund is the first ASIC registered retail managed investment scheme for digital assets outside of BTC and ETH. The funds will use a traditional investment vehicle, a retail managed investment ...

Fraud charges laid over unlicensed scheme

CASSANDRA BALDINI  |  WEDNESDAY, 20 JUL 2022
... $10 million by investing with Marco. ASIC took action in the Federal Court to wind up the unregistered managed investment scheme operated by Marco and AMS Holdings (WA) Pty Ltd, the AMS Holdings Trust in 2020. The Court wound up Marco's unregistered ...

ASIC releases CCIV guidelines

CASSANDRA BALDINI  |  FRIDAY, 24 JUN 2022
ASIC has released long-awaited regulatory guidelines relating to the registration and licensing requirements for Corporate Collective Investment Vehicles ahead of its July 1 implementation date. The information sheet (INFO 272) and report (REP 728) ...

Former adviser wins appeal, convictions quashed

JAMIE WILLIAMSON  |  MONDAY, 20 JUN 2022
... causing detriment to clients when, between 2013 and 2015, he advised clients to invest in an unregistered managed investment scheme that was actually just an abalone farm in South Australia which he controlled. Jayaweera had told clients it was a diversified ...

ASIC freezes assets of unlicensed property mogul

CASSANDRA BALDINI  |  WEDNESDAY, 8 JUN 2022
... over superannuation to invest in property developments. He is also accused of operating an unregistered managed investment scheme and misusing investor funds, including converting investor funds into crypto assets. A Team was primarily advertised on ...

ASIC succeeds in application to liquidate Ascent

CASSANDRA BALDINI  |  MONDAY, 6 JUN 2022
... financial services without an Australian financial services licence and had been operating an unregistered managed investment scheme that was required to be registered. ASIC said it sought to protect the assets of Ascent and its clients after findings ...

Yarra adds market neutral fund

JAMIE WILLIAMSON  |  THURSDAY, 2 JUN 2022
... investment objectives." Joining Yarra's suite of funds, the market neutral offering is now a registered managed investment scheme open to all wholesale and retail investors in Australia, and now has a minimum investment of $10,000, previously $250,000. ...

State Street bags K2 Asset Management mandate

ANDREW MCKEAN  |  FRIDAY, 13 MAY 2022
... services in Australia to this fund that provides domestic investors with exposure to a cryptocurrency managed investment scheme listed on Cboe. In turn, the scheme invests in a listed offshore fund whose holdings include Bitcoin. Executive director of ...