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Showing 151 - 160 of 762 results for "responsible entity"

Build Your Wealth adviser cops ban

KARREN VERGARA  |  FRIDAY, 26 JUL 2024
... Last year, ASIC placed an interim stop order on Storehouse Residential Trust, which K2 Asset Management is a responsible entity for, due to issues with its target market determination (TMD). K2 subsequently issued a new TMD that addressed ASIC's ...

Fidante divests Merlon stake

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2024
... with Merlon alerting investors that the multi-boutique arrangement has been overhauled. Fidante remains the Responsible Entity for the four strategies - MCP Australian Share Income Fund (Closed), Merlon Australian Equity Fund (Closed), Merlon Australian ...

Magellan fund to launch as active ETF

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... open-class structure. The conversion became effective on July 11 when Magellan Asset Management in its capacity as responsible entity amended the fund's constitution. This means MGF will be removed from the ASX on July 22 and the following day is ...

DigitalX to launch Bitcoin ETF on ASX

ANDREW MCKEAN  |  TUESDAY, 9 JUL 2024
... will be a game changer," DigitalX chief executive Lisa Wade said. K2 Asset Management will act as the fund's responsible entity, overseeing its operation and management. "There's no guarantee that Bitcoin will maintain any long-term value or use," the ...

Global outfit acquires Vasco Trustees

JAMIE WILLIAMSON  |  MONDAY, 8 JUL 2024
... its funds management capabilities," TMF Group said. Vasco Trustees provides fund administration, trustee and responsible entity services, and compliance and licensing solutions. Vasco Trustees has clients in Australia, Asia and the US across equities ...

Aviva exits Australia, shutters fund

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... investor interest. It had a minimum investment amount of $500,000. Perpetual's The Trust Company, as the Responsible Entity (RE) of the fund, decided to shutter the fund on June 12 as it did not meet its long-term performance objective. Since inception ...

BT Panorama launches first-of-its-kind private market managed account

ANDREW MCKEAN  |  THURSDAY, 30 MAY 2024
... Drummond developed the new SMA in collaboration with Ironbark Asset Management. Ironbark was selected to be the responsible entity for the new managed portfolio solution. "We look forward to collaborating closely with Drummond and BT now, and in the ...

ASIC suspends AFSL for six managed investment schemes

ELIZA BAVIN  |  THURSDAY, 30 MAY 2024
... Australian financial services licence (AFSL) of Aurora Funds Management until 20 September 2024. Aurora is the responsible entity of six registered managed investment schemes: the Aurora Absolute Return Fund, HHY Fund, Aurora Property Buy-Write Income ...

Loomis Sayles brings global bond fund to Australia

ANDREW MCKEAN  |  MONDAY, 20 MAY 2024
... fixed income securities globally, hedged to the Australian dollar. Equity Trustees has been appointed as the responsible entity of the fund. Loomis Sayles manages $348.4 billion in assets as of March 31.

Magellan advances MGF conversion to open class

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... Management will go ahead with converting its Global Fund (ASX: MGF) into an open class structure. As the fund's responsible entity, Magellan Asset Management has advanced the conversion process since it was flagged in October of last year, in a bid ...