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

Search Results

Showing 171 - 180 of 642 results for "responsible entity"

360 Capital succeeds in LIC raid

KANIKA SOOD  |  THURSDAY, 10 SEP 2020
... the Australian Enhanced Income Fund (AYF) yesterday afternoon approved 360's attempt to replace current responsible entity, Elstree Investment Management, with 360 Capital Funds Management. The Australian Enhanced Income Fund (AYF) was listed on ...

ASIC grants frozen fund relief

JAMIE WILLIAMSON  |  THURSDAY, 27 AUG 2020
... provide ASIC with quarterly data and comply with all other conditions of the relief. A fund is frozen when the responsible entity has suspended or cancelled redemptions to prevent withdrawals from destabilising their fund, leaving investors without access ...

Centuria acquires industrial assets

ALLY SELBY  |  THURSDAY, 27 AUG 2020
... added two new assets to its Industrial REIT stable, which it acquired for a combined $32.5 million. As the responsible entity of the ASX-listed REIT, Centuria Property Funds No. 2 acquired a Beacon Lightings purpose-built distribution facility in Melbourne ...

Equity Trustees rejigs two leadership roles

KANIKA SOOD  |  WEDNESDAY, 26 AUG 2020
... its key leaders to target markets of Australia and Europe, as it sharpened its focus on the corporate trustee/responsible entity market. "Russell has more than four decades of experience in the Australian market, strong client relationships and significant ...

Cashwerkz to launch funds incubator

ALLY SELBY  |  TUESDAY, 25 AUG 2020
... assistance provided by Cashwerkz via its incubator Fund Income will include appropriate licencing using the responsible entity infrastructure of Trustees Australia - and will also extend to distribution to some of the world's financial services leaders. ...

Evans & Partners explore open-ended funds

ELIZA BAVIN  |  TUESDAY, 25 AUG 2020
... open-ended funds for its Global Disruption Fund and its Global Flagship Fund. Walsh & Company Investments, as responsible entity for both funds, said it is exploring changing both funds from a closed-ended listed unity trust to an open-ended unlisted ...

ASIC puts investment managers on notice over valuations

ANNABELLE DICKSON  |  TUESDAY, 11 AUG 2020
... values and member unit prices. "Where valuations are uncertain for a material proportion of a fund's assets, the responsible entity needs to consider whether it is in a position to establish a reliable unit price. If not, the responsible entity may need ...

Boutique launches multi-asset fund

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... Australian equities, up to 40% in international equities and up to 30% in listed property. Equity Trustees is the responsible entity, NAB acts as the custodian and administrator, while UBS will act as the prime broker and Mainstream Fund Services will ...

Wheelhouse names new partners

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
... Dickman was formerly head of distribution at AMG and Australian Unity. The Trust Company (Perpetual) is now the Responsible Entity for the Wheelhouse Global Equity Income Fund. The team has completed extensive testing of an Australian equities focused ...

BetaShares rejigs oil ETF...again

KANIKA SOOD  |  WEDNESDAY, 5 AUG 2020
... looks for a replacement contract, the fund will revert to just cash. "It's very improbable but we are a responsible entity, a fiduciary, and our job as a fiduciary is that even remote risks have a risk management strategy," BetaShares chief executive ...