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Showing 221 - 230 of 282 results for "Managed Investment Schemes"

Calls for more investors in Great Southern class action

ELISE BURGESS  |  MONDAY, 16 MAY 2011
... investors are anticipated to come forward in the class action against failed agribusiness, Great Southern Managed Investment Schemes. Already some 2,000 investors are part of the case, which returns to court on May 27 seeking further documents from the ...

ASIC silent on possible research probe

ALISON BEVEGE  |  TUESDAY, 19 APR 2011
... of Trio Capital's compliance plan for Astarra Strategic three weeks before regulators froze Trio's managed investment schemes, stating Trio had "complied with the compliance plans for each of the schemes". Neither auditor would comment.

ASIC new guidance for AFSL

ELISE BURGESS  |  MONDAY, 4 APR 2011
... Services Licence (AFSL) now face updated guidance including guides on margin lending facilities, simple managed investment schemes and certain superannuation products. Australian Securities and Investments Commission (ASIC) has released the updated guidance ...

Fundies face tough ASIC scrutiny

RUTH LIEW  |  FRIDAY, 5 NOV 2010
... requirements, among others. Specifically, the scope of the proposals on products extends to shares, managed investment schemes and CHESS Depository Interests (CDIs) on the ASX. But the regulator is also seeking feedback on whether certain proposals should ...

APRA puts spotlight on super

JOHN MCDULING  |  THURSDAY, 4 NOV 2010
... regulator said liquidity management remains a lingering problem for many super funds whose investments in managed investment schemes remain frozen. Among other recommendations, APRA said that funds need to reduce their over reliance on the traditionally ...

ASIC strikes back in Opus dispute

JOHN MCDULING  |  FRIDAY, 22 OCT 2010
... against the backdrop of ASIC tightening capital and liquidity requirements for responsible entities of managed investment schemes. In proposals it is seeking to implement by July next year, ASIC wants REs to set aside up to $5 milion in NTAs, disclose ...

Great Southern investors target BABL

MEDIA RELEASE  |  MONDAY, 11 OCT 2010
... lead applicant is Cutforth Pty Limited, which invested just over $1 million in Great Southern Group managed investment schemes. The Statement of Claim notes that all the applicants invested between January 1, 1998 and January 1, 2009 in woodlots and ...

ASIC tightens noose on managed inv schemes

JOHN MCDULING  |  FRIDAY, 8 OCT 2010
Australia's top financial watchdog has called for strict new requirements to protect investors in managed investment schemes, but the rules could end up hurting the very same people they aim to protect. In a recently released discussion paper, ASIC ...

Receivers appointed to Willmott Forests

RUTH LIEW  |  TUESDAY, 7 SEP 2010
... there could be a "smaller market of potential buyers who are prepared to buy assets encumbered with the managed investment schemes". KordaMentha will first have to assemble the data needed to inform buyers on these investments and will have to sort through ...

ASIC targets five unregistered property ventures

ASIC RELEASE  |  FRIDAY, 6 AUG 2010
... While the court did not make a declaration as to whether the other two schemes constituted unregistered managed investment schemes, KPMG were also appointed as receiver and manager of two other related entities, including the Tomasetti House Joint Venture ...