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Showing 241 - 250 of 437 results for "Managed investment scheme"

AMP Life appeals Supreme Court ruling

ALEX BURKE  |  MONDAY, 11 JUL 2016
... Advisors. The court made this decision because, as per the Corporations Act, the responsible entity of a managed investment scheme and its associates are unable to vote on an EGM resolution if they have an interest other than as a member. Given that ...

Supreme Court makes China Growth Fund EGM ruling

ALEX BURKE  |  TUESDAY, 28 JUN 2016
... activist investor LIM Advisors. This is because, as per the Corporations Act, the responsible entity of a managed investment scheme and its associates are unable to vote on an EGM resolution if they have an interest other than as a member. While LIM ...

ASIC consulting over managed investment schemes

DARREN SNYDER  |  WEDNESDAY, 1 JUN 2016
... order without significant changes. However ASIC is proposing to extend switching facility relief to a managed investment scheme that is operated by a related body corporate of the responsible entity. It is also proposing to remove the unnecessary relief ...

Mercer bolsters compliance offering

DARREN SNYDER  |  TUESDAY, 10 MAY 2016
... yesterday it has purchased ExtraTextual with the purpose to increase simplicity for superannuation and managed investment scheme clients. Mercer's retirement and investments business leader Graeme Mather said: "What's exciting about this acquisition ...

FPA supports "bitter harvest" recommendations

ALEX BURKE  |  FRIDAY, 18 MAR 2016
The Financial Planning Association has come out in support of the Senate Economics References Committee's recommendations for stronger ASIC penalties and redefining the term "general advice". FPA chief executive Dante De Gori said that the FPA "recognises ...

Senate recommends immediate adviser bans following "bitter harvest"

ALEX BURKE  |  TUESDAY, 15 MAR 2016
... adviser if "egregious misconduct" is suspected. Released today, the committee's report on the agribusiness managed investment scheme crisis in 2009 considers the multiple "culprits" in the losses incurred following the collapse of Timbercorp, Great Southern ...

Perpetual appoints new responsible entity chief

ALEX BURKE  |  TUESDAY, 9 FEB 2016
Perpetual Corporate Trust has appointed a new head of responsible entity services. Hugh Treweeke joins Perpetual from State Street, where he was vice president client relationship manager. Prior to that, he held senior roles at Wellington International ...

PROFILE: SuperBPO chief executive Michael Houlihan

DARREN SNYDER  |  FRIDAY, 23 OCT 2015
Fund and superannuation administrator MainstreamBPO listed on the Australian Securities Exchange (ASX) earlier this month and the milestone promised some exciting announcements. Darren Snyder talked to SuperBPO chief executive Michael Houlihan about ...

Aberdeen beefs up local distribution team

MARK SMITH  |  WEDNESDAY, 23 SEP 2015
Aberdeen Asset Management has added an investment specialist to its distribution team. Josh Hall joins the fund manager from AMP Capital where he was senior product solutions manager for two and a half years. Hall has a range of experience in Australian ...

ASIC seeks to wind up $18m manager

ALEX BURKE  |  WEDNESDAY, 16 SEP 2015
ASIC is seeking court orders to wind up an asset manager with approximately $18.5 million in funds under management. Avestra Asset Management - which ASIC's statement said is a "responsible entity or trustee of a number of managed investment schemes" ...