Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 131 - 140 of 637 results for "responsible entity"

Sydney boutique swaps RE

KANIKA SOOD  |  TUESDAY, 29 JUN 2021
Harvest Lane Asset Management has swapped out Fundhost for Equity Trustees as its responsible entity after a unitholder vote. The changes apply to two funds: the $9.5 million Harvest Lane Asset Management Absolute Return Fund and the $8.2 million Harvest ...

ASIC drops Regal action

ANNABELLE DICKSON  |  WEDNESDAY, 16 JUN 2021
... into the asset manager in relation to its trading in certain securities. At the time, Equity Trustees as the responsible entity requested trading be halted on Regal Investment Fund. "As an active participant in equity markets, we acknowledge the important ...

Cashwerkz takes stake in boutique, plans rebrand

KANIKA SOOD  |  THURSDAY, 10 JUN 2021
ASX-listed Cashwerkz will pay $3 million in cash plus performance rights to buy a 25% stake in a boutique, as it also looks to rename the entire group. Tactical Global Management has been running since 1997 and provides tailored overlay solutions for ...

Dexus cornerstones Australian Unity healthcare raise

KANIKA SOOD  |  WEDNESDAY, 9 JUN 2021
... a $120 million entitlement offer to existing AUHPT unitholders, and a $20 million placement to the AUHPT's responsible entity AUSH. There is also a premium cash offer (PCO) priced at $1.4 to $2.29 per AUHPT unit for investors looking to get out of the ...

Fund manager hit with serious charges

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
... final charge related to Grofski falsifying the books of the fund. Grofski ran Global Merces, which provided responsible entity and trustee for hire services, and custody and administration services between December 2012 and January 2020. The Commonwealth ...

EFM appoints EQT on Aussie launch

ANNABELLE DICKSON  |  TUESDAY, 18 MAY 2021
EFM Asset Management is entering the Australian market and has appointed Equity Trustees as the responsible entity for its local offering. The Hong Kong-based global equities specialist is launching the EFM Global Financial Services and Technology Trust ...

ASIC bans Theta managing director

KARREN VERGARA  |  MONDAY, 17 MAY 2021
... The banning order for Robert Patrick Marie comes after several instances of misconduct relating to Theta, the responsible entity of the Sterling Income Trust (SIT), which ASIC commenced civil penalty proceedings against in the Federal Court of Western ...

ASIC to wind up PE Capital

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
... warned online that they lost money or haven't received promised payments since 2018. PE Capital was the responsible entity for Endeavour, which was placed into liquidation by ASIC in 2019. Martyn Barnes was the non-executive chair of PE Capital. ...

Investors greenlight LIC to ETF conversion

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
... on May 10. Over 95% were in favour of delisting the LIC and listing units as an ETMF. Perpetual nabbed the responsible entity contract for the new ETMF. "They have been working over a year on how they will be making the change from a company to a trust," ...

Equity Trustees wins mandate

KANIKA SOOD  |  TUESDAY, 27 APR 2021
... listed on the Euronext Growth Paris. Equity Trustees will act as the AIFM for HGO, which is similar to the responsible entity function in Australia. "We're delighted to have been chosen by Hamilton Global Opportunities PLC and partner with them on ...