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

Search Results

Showing 141 - 150 of 643 results for "responsible entity"

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 ...

Boutique hires fund services lead

KARREN VERGARA  |  MONDAY, 29 MAR 2021
... senior corporate clients new business manager. O'Connell spent 28 years at the firm, firstly as the manager of responsible entity services of the Trust Company, which Perpetual acquired in 2013. He went on to become a senior corporate clients new business ...

Dexus plans merger with AMP Capital fund

ELIZABETH MCARTHUR  |  TUESDAY, 16 MAR 2021
... board committee. Dexus said in an update to the ASX that the agreement is the result of discussions with the responsible entity for the AMP Capital fund and six months of engagement with unit holders. Under the agreement, the Dexus fund and AMP Capital ...

Ironbark fund swaps managers

KANIKA SOOD  |  FRIDAY, 12 MAR 2021
... million Ironbark Karara Australian Share Fund is currently managed by Karara Capital, and Ironbark acts as the responsible entity and distributor. At the end of this month, Ironbark will transition the fund's management to quantitative manager Creighton ...

Channel Capital expands overseas

KANIKA SOOD  |  WEDNESDAY, 24 FEB 2021
... remaining capacity in its existing eight managers, many of whom are additions in recent years; growing its responsible entity business to add a few external institutional clients and expanding into overseas markets. "What we want to do with overseas ...