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Showing 161 - 170 of 645 results for "responsible entity"

Boutique to use Equity Trustees

KANIKA SOOD  |  MONDAY, 23 NOV 2020
Spire Capital will use Equity Trustees as the responsible entity for its master fund, moving away from doing it internally following investor demand. The change will come into effect on 18 February 2021. "This change is proposed as a result of key investor ...

Regulator continues crackdown on product adverts

ELIZA BAVIN  |  MONDAY, 23 NOV 2020
... and retail properties. ASIC said it may consider further regulatory action in relation to the fund and its responsible entity, Skyring Funds Management. In June this year, ASIC warned investors to be wary about advertising that compares fixed-term investment ...

Responsible entity fined $2m

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... December 2019. The court found that Theta breached the Corporations Act and failed to comply with its duties as a responsible entity. The court also found that Marie contravened the Corporations Act and failed to comply with his duties as a managing ...

Clime to wind up Australian value fund

KANIKA SOOD  |  TUESDAY, 17 NOV 2020
... Vincent Cook. Returns were 5.7% since inception p.a. for the retail version. "Equity Trustees Limited (the responsible entity), on advice from Clime Asset Management Pty Limited (the investment manager), acknowledges the current outbreak of COVID-19 ...

Ironbark to wind up emerging markets fund

KANIKA SOOD  |  FRIDAY, 13 NOV 2020
... Emerging Markets Small Cap Index (in AUD) net of fees on rolling five-year basis. Ironbark, which acts as the responsible entity, yesterday informed investors it would wind up the fund. US-based Copper Rock Capital Partners was appointed the manager ...

Channel Capital in management buyout

KANIKA SOOD  |  TUESDAY, 10 NOV 2020
... 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. "There are a few things that we are ...

MIRA set to acquire REIT

KARREN VERGARA  |  MONDAY, 9 NOV 2020
... in the best interests of Vitalharvest unitholders, and expects the transaction will be well received by the responsible entity", which is Perpetual subsidiary The Trust Company. Perpetual Corporate Trust directors overseeing Vitalharvest include group ...

EQT names chair, compliance member

ANNABELLE DICKSON  |  FRIDAY, 30 OCT 2020
The responsible entity for some of Australia's largest funds has made changes to its compliance committee and appointed a new chair to its board. Equity Trustees has announced Glenn Sedgwick has joined the responsible entity compliance committee (RECC) ...

Sydney multi-boutique hires from Perpetual

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... decided to bring the function in-house on the back of growth in the number of funds and total assets under its responsible entity subsidiary Channel Investment Management Limited. Areas that Wong will work on include fee disclosure, product design and ...

First strike at Pengana LIC

KANIKA SOOD  |  THURSDAY, 29 OCT 2020
... Sea Salt Pty Ltd and a non-executive director at Pengana Capital Group, Redcaoe Hotel Group Management Ltd as responsible entity of the Redcape Hotel Group and Pipers Brook Vineyard Pty Ltd. He has also held a directorship at EQT. "The company has no ...