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Showing 141 - 150 of 282 results for "Managed Investment Schemes"

The PI risks of goals-based advice

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2017
... managed discretionary accounts, individually managed accounts, separately managed accounts or their own managed investment schemes can potentially open up a can of worms as the distinction between whether you're a financial adviser or an investment manager ...

OneVue sells $2bn RE business

ALEX BURKE  |  WEDNESDAY, 25 OCT 2017
... which currently represents about $2.3 billion in funds under supervision. The RE business covers 27 managed investment schemes and will be acquired by Equity Trustees for $3.5 million, funded from existing liquidity and debt facilities. The acquisition ...

EQT acquires stake in UK firm

KARREN VERGARA  |  FRIDAY, 13 OCT 2017
... services are similar to responsible entities in Australia, which are required by law for the operation of managed investment schemes and perform a central governance and management role. EQT is acquiring DMC Capital Partners' interests in Treasury Capital ...

ASIC outlines industry funding costs

ALEX BURKE  |  MONDAY, 9 OCT 2017
... levy will apply from the 2019 financial year onwards based on the value of assets in all unregistered managed investment schemes issued by the trustee. Operators of investor directed portfolio services will pay a minimum levy of $10,000 which will be ...

Former ME Bank chief joins Powerwrap

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2017
... addition to Powerwrap, Wamsteker also sits on the board of Primary Securities - a Responsible Entity for managed investment schemes. Powerwrap chairman Matthew Driscoll said: "Anthony Wamsteker is an experienced director, whose appointment has the support ...

Equity Trustees names philanthropy lead

KARREN VERGARA, JAMIE WILLIAMSON  |  TUESDAY, 25 JUL 2017
... IDPS-like scheme is compliant and provides certainty to investors. "Although this differs to our normal managed investment schemes, which explains why we have been appointed the Operator and not the RE, WealthO2 was attracted to Equity Trustees because ...

Government gives super system further makeover

DARREN SNYDER  |  TUESDAY, 25 JUL 2017
... breach their duties to members subject to the same civil and criminal penalties as directors of ordinary managed investment schemes.

AMP Capital appoints independent directors

KARREN VERGARA  |  FRIDAY, 21 JUL 2017
... 22 years with the firm and remains as a consultant. He currently serves as chair of the AMP Capital Managed Investment Schemes Compliance Committee and was also the chair of AMP Capital China Growth Fund Advisory Committee. The three appointees will ...

RG 133 review reveals poor compliance

EMMA RAPAPORT  |  THURSDAY, 22 JUN 2017
Custodians and responsible entities of managed investment schemes with asset holding requirements are falling short of ASIC expectations, showing generally poor levels of understanding and compliance with Regulatory Guide 133. These findings form part ...

ASIC bans former Avestra directors

ALEX BURKE  |  WEDNESDAY, 17 MAY 2017
... account." ASIC originally sought to wind up Avestra as the responsible entity of around $18 million in managed investment schemes in late 2015. The regulator identified multiple contraventions of duty pertaining to the management of said schemes. More ...