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Showing 311 - 320 of 735 results for "responsible entity"

Frozen fund pays investors

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
... investors. The LM First Mortgage Income Fund was established in 1999, with LM Investment Management serving as its responsible entity. Many Queensland retirees invested in the fund, including via financial advisers and by February 2008 it had amassed ...

ASIC imposes AFSL conditions on IOOF

JAMIE WILLIAMSON  |  MONDAY, 28 OCT 2019
... to the operation of managed investment schemes and IDPS platforms. It must also established an Office of the Responsible Entity (ORE) which will oversee IISL's compliance and the quality and pricing of its services, and ensure managed investment ...

Platinum global shares fund to shutter

KANIKA SOOD  |  WEDNESDAY, 9 OCT 2019
... closed to new investments in 2004. It is now headed for a termination, after a decision taken by MLCI as the responsible entity. "The fund has been closed to new and additional investments since September 2004. This has resulted in the fund size decreasing ...

Equity Trustees wins Colonial mandate

KANIKA SOOD  |  FRIDAY, 4 OCT 2019
... overseen by separate specialist subsidiary trustee companies," O'Brien said. "In our superannuation and responsible entity business, our focus is on looking after the rights of members and unitholders within the funds, independent of all parties. ...

First Sentier launches funds, picks new RE

KANIKA SOOD  |  WEDNESDAY, 2 OCT 2019
First Sentier Investors has launched its inaugural batch of funds and has chosen a new responsible entity, after completing the sale from CBA. The firm will use Perpetual's The Trust Company as its new responsible entity for the first time with ...

FASEA ethics pose risk to managed accounts

ELIZABETH MCARTHUR  |  MONDAY, 23 SEP 2019
... managers or research houses." The letter explained the obligations of the issuer of a managed account, either a responsible entity or MDA Provider, in ensuring the portfolios are managed properly and the creation of portfolio management teams and investment ...

Equity Trustees confirms international strategy

ELIZABETH MCARTHUR  |  FRIDAY, 13 SEP 2019
... Capital, which has assets totalling more than $3.9 billion. This comes after Equity Trustees was appointed as the responsible entity to the River and Mercantile Global High Alpha Fund in Australia in 2017. That appointment made it the first Australian ...

Portfolio manager departs

KANIKA SOOD  |  FRIDAY, 6 SEP 2019
... billion. GSFM (previously Grant Samuel Funds Management) distributes the strategy in Australia and acts as the responsible entity of the fund.

SSGA global equity beta head retires, promotes two

KARREN VERGARA  |  FRIDAY, 16 AUG 2019
... Pacific excluding Japan. Darroch was also a director and responsible manager of SSGA Australia Services, the responsible entity of SSGA funds, and a member of the local executive committee. Also a long-serving employee and former head of retirement solutions ...

Rural FM dupes investors: Short-seller

KARREN VERGARA  |  FRIDAY, 9 AUG 2019
... "ultimately worthless," alleging it is falsifying accounts and over-inflating assets. Bonitas is accusing RFM, the responsible entity for ASX-listed Rural Funds Group (ASX: RFF), for running "scams" on investors in the same vein that led to the demise ...