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Showing 11 - 20 of 219 results for "Constitution"

Family offices face more complex challenges: Ocorian

ANDREW MCKEAN  |  WEDNESDAY, 7 AUG 2024
... family offices reported developing stronger succession plans, while a similar number (48%) strengthened their family constitution or charter; or introduced one for the first time. Ocorian also said that almost half (46%) of family offices had secured ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... demand the removal of the director, but the trustee "might be powerless without shareholder cooperation." Amending the constitution to limit the CFMEU's appointment rights would require shareholder approval, which may be difficult if the CFMEU holds ...

Magellan fund to launch as active ETF

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... 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 expected to commence trading as a new open ...

Lazard enters local ETF industry with infra offering

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JUN 2024
... through an exchange." The listing follows a meeting on May 21 at which investors voted in favour of amending the constitution of the fund to create the quoted class. At the meeting, investors also voted to do the same for the Lazard Global Equity Franchise ...

Fidelity to roll out more active ETFs

JAMIE WILLIAMSON  |  MONDAY, 6 MAY 2024
... currently has about $275 million in FUM. A meeting of unitholders will be convened on May 14 to vote on whether the constitution should be modified, and a new class of units allowed to be listed. At least 75% of unitholders must vote in favour. Fidelity ...

EQT winds up Mirae Asia equity fund

CHLOE WALKER  |  FRIDAY, 9 FEB 2024
... fund's assets, and the final distribution for each unit holder will be calculated according to the fund's constitution. "Remaining unit holders will be notified of distributions, if any, and the details of the final proceeds," Beasley said. In ...

XTBs to be delisted following collapse

CASSANDRA BALDINI  |  TUESDAY, 7 NOV 2023
... for November 24. Further, redemption requests will be suspended with immediate effect in accordance with the trust constitution, EQT said. XTB holders will also have the right to a pro-rata portion of the final distribution, which corresponds to their ...

The Voice is not at the expense of the economy: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 13 OCT 2023
... Australians will hit the polls and decide if a First Nations' Voice to Parliament should be enshrined in the constitution, in response to a call from the Uluru Statement from the Heart, which seeks to empower Aboriginal and Torres Strait Islander ...

Perpetual shutters innovation fund, Pendal funds

JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2023
... "To ensure all investors in the fund are treated fairly and equally, PIML has used its discretion under the fund's constitution to suspend withdrawal requests in Class A from the date of issue of this notice. This ensures there are no investors unfairly ...

Evolution Trustees responds to likely wholesale definition change

JAMIE WILLIAMSON  |  FRIDAY, 25 AUG 2023
... by senior managers Bing Chong and Steven Zaharis. They will assist operators with registering their funds with a constitution that meets regulatory requirements, ensuring sufficient regulatory capital is on hand, creating and implementing compliance ...