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Showing 11 - 20 of 39 results for "Managed Investment Trust"

Custodians turn attention to CIVs and MITs

DARREN SNYDER  |  THURSDAY, 9 FEB 2017
... shape the course of this year's custody industry. On the tax front, the industry is collaborating on the managed investment trust (MIT) reforms. These are intended to reduce complexity, increase certainty and minimise compliance costs for MITs and their ...

Evolution Trustees begins global alliance

DARREN SNYDER  |  MONDAY, 16 JAN 2017
... The alliance with TMF Group will provide another option for foreign investors in Australia who require managed investment trust services. A statement from TMF Group said the alliance will improve its service offering for international clients investing ...

New investment vehicles need work: industry

DARREN SNYDER  |  MONDAY, 7 NOV 2016
The investment management industry is flagging concerns over the Federal Government's proposed Collective Investment Vehicle structure, especially its tax implications. Speaking at a regulatory forum in Sydney on Thursday, King & Wood Mallesons partner ...

New trustee launches managed investment schemes

DARREN SNYDER  |  THURSDAY, 1 SEP 2016
... licence, authorising it to operate registered and unregistered managed investment schemes, to act as a Managed Investment Trust (MIT) trustee and provide custodial services. Evolution Trustees' chief executive officer and co-founder, Rupert Smoker, said ...

Report finds fresh barriers to funds management exports

MARK SMITH  |  WEDNESDAY, 29 JUN 2016
There has been very little progress in removing barriers preventing the export of Australian financial services seven years after the release of the Johnson report. Now a new survey of fund managers reveals the situation could even be worse than before ...

Budget CIV plan lets Australia export investment expertise

ALEX BURKE  |  TUESDAY, 3 MAY 2016
The Government has announced in its 2016-17 budget that it will introduce new tax and regulatory frameworks to further facilitate foreign access to Australian funds management services. The two new collective investment vehicles (CIVs) introduced in ...

Fund managers not ready to enter new MIT tax regime

DARREN SNYDER  |  MONDAY, 21 MAR 2016
... Bradica said the big end of town is generally well prepared for the new changes, known as the Attribution Managed Investment Trust (AMIT) rules, but many small to mid-sized managers are waiting. "Our feedback from some in the industry shows concern about ...

New CEO at Board of Taxation

DARREN SNYDER  |  MONDAY, 29 FEB 2016
Federal Treasury has announced an inaugural chief executive role at the Board of Taxation that will lead the work of the secretariat as well as all communication with industry stakeholders. Secretary to the Treasury, John Fraser, announced on Friday ...

Parliament tables new tax laws for investment trusts

LAURA MILLAN  |  MONDAY, 7 DEC 2015
The Government tabled the Tax Laws Amendment (New Tax System for Managed Investment Trusts) Bill 2015 in Parliament on the last day of the sitting season. If approved, the proposed rules will apply from 1 July 2016 and will reduce complexity, increase ...

Foreign investment into Australia doubles to $43.6bn

LAURA MILLAN  |  TUESDAY, 17 NOV 2015
Foreign investment into Australia through managed investment trusts (MITs) has more than doubled and was $43.6 billion for the year to 31 December, 2014. The '2015 Australian Investment Managers Cross-Border Flows Report' by the Financial Services Council ...