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

Search Results

Showing 11 - 20 of 33 results for "US Masters Residential Property Fund"

E&P appoints new chief executive

KARREN VERGARA  |  FRIDAY, 30 JUN 2023
... and Superannuation Services for providing dodgy advice to retail clients regarding its own US Masters Residential Property Fund (URF). In November 2021, Anderson took on the role of managing director. Prior to E&P, he led corporate restructures for the ...

URF investors reject K2 as RE

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
An overwhelming number of investors in E&P Financial Group's US Masters Residential Property Fund (URF) have rejected K2 Asset Management as its new responsible entity. Unitholders of URF voted against appointing K2 Asset Management (KAM) as its ...

E&P Investments hands over RE mandate

JAMIE WILLIAMSON  |  MONDAY, 15 MAY 2023
... managed investment schemes. In March, E&P Investments sought to replace itself as RE of the US Masters Residential Property Fund, the Venture Capital Opportunities Fund and CD Private Equity Fund I, II, III and IV. The move was part of its broader strategy ...

E&P Investments hunts new RE

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
... replace itself as responsible entity for six of its managed investment schemes, including the US Masters Residential Property Fund. E&P Investments is currently responsible entity for all six of the schemes, however, is seeking an alternative responsible ...

More DASS complainants flock to AFCA

KARREN VERGARA  |  MONDAY, 6 FEB 2023
... interest of eight clients on 53 occasions with respect to their investment in the ASX-listed US Masters Residential Property Fund (URF) and related products between 2015 and 2019. Six representatives did not conduct a reasonable investigation of the ...

DASS clients pushed to accept paltry recoupment

ANDREW MCKEAN  |  FRIDAY, 2 DEC 2022
... of the costs associated with defending civil proceedings against the company regarding the US Masters Residential Property Fund (URF). In September, Dixon Advisory was made to pay $7 million for providing inappropriate advice and not meeting client best ...

Dixon Advisory pays $7m for poor advice

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
... Each instance involved advising the clients to acquire, roll over or retain interests in the US Masters Residential Property Fund and URF-related products. The conduct took place between October 2015 and May 2019. The URF is a unit trust and a registered ...

E&P pulls the plug on DASS

KARREN VERGARA  |  WEDNESDAY, 19 JAN 2022
... November, defending investors who received dodgy advice in the group's beleaguered ASX-listed US Masters Residential Property Fund (URF). Kosen-rufu, which is part of the class action, attempted to freeze the payable $7.2 million civil penalty ASIC ...

ISPT takes stake in property fund manager

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... alleged involvement in providing bad advice to retail clients who invested in its ASX-listed US Masters Residential Property Fund (URF).

Plaintiff seeks to ring fence Dixon penalty

KARREN VERGARA  |  THURSDAY, 25 NOV 2021
... circumstances and potential conflict of interest while putting their money in the troubled ASX-listed US Masters Residential Property Fund (URF) and related products between 2 September 2015 and 31 May 2019. ASIC ultimately dropped its Federal Court ...