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Showing 321 - 330 of 762 results for "responsible entity"

Challenger boutique winds up fund

KANIKA SOOD  |  THURSDAY, 27 FEB 2020
... took a minority stake of about 19.9% in Kinetic. Challenger's multi-boutique business Fidante Partners is the responsible entity for the fund. Kinetic currently manages about $600 million, for institutional and wholesale clients. Two other Kinetic funds ...

Sargon finds buyer for trustee business

KANIKA SOOD  |  THURSDAY, 27 FEB 2020
Sargon has found a buyer for its trustee and responsible entity businesses, as OneVue and Taiping Trustees chase the ultimate holding company for outstanding payments. Ernst and Young this morning said it has entered into an exclusive sale agreement ...

Ellerston LIC chair resigns

KANIKA SOOD  |  THURSDAY, 20 FEB 2020
... LIC's total shares (unchanged since 2016). He is also the executive chair of Ellerston Capital, which is the responsible entity and manager to the two LICs. "We wanted symmetry in the board composition. Ashok will be a manager for the LICs but will not ...

Fund manager hires from Paradice

ALLY SELBY  |  TUESDAY, 11 FEB 2020
... Mark Bennett is expected to retire in coming months although he will continue as a director of Perennial's responsible entity, Perennial Investment Management Limited," Perennial said. Bennett had worked in the operations role with Perennial since October ...

Asset manager to be liquidated

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2020
... investigation into the financial services company is ongoing, and did not provide further details. Global Merces is the responsible entity of Global Merces Access Fund, Global Merces Equities Fund and Covesta. Global Merces launched a managed funds regtech ...

Board departure at Sargon subsidiary

KANIKA SOOD  |  MONDAY, 3 FEB 2020
... his contribution." Miller was a non-executive director on the boards for Tidswell Financial Services Ltd and Responsible Entity Partners Limited, joining in September, 2017. The spokesperson said the Tidswell board has started to look for a replacement ...

BlackRock shuts ASX-listed ETF

KANIKA SOOD  |  THURSDAY, 30 JAN 2020
... part of which it axed other single-country Asian ETFs. "BIMAL [BlackRock Investment Management Limited, as the responsible entity] continues to review its range of products to ensure we meet the evolving needs of our clients. Based on ongoing reviews ...

Boutique shuts Aussie equities fund

KANIKA SOOD  |  TUESDAY, 21 JAN 2020
... liquid. "When a redemption request requires the realisation of a significant amount of the fund's assets, the responsible entity must consider that if those redemption requests are met immediately, whether unit holders who continue to hold units may ...

Dixon cuts US property fund value

ELIZA BAVIN  |  TUESDAY, 14 JAN 2020
... has slashed the value of its US property fund by 30%, in yet another blow to the wealth management firm. The responsible entity for the US Masters Residential Property Fund (URF), Walsh & Company, blamed general weakness in the New York housing market ...

Janus Henderson shuts down Aussie fund

KANIKA SOOD  |  FRIDAY, 10 JAN 2020
... the significant size of redemption requests for the Janus Henderson Global Emerging Markets Equity Fund...the responsible entity of the fund has determined that the fund will be terminated," it said. "We firmly believe that given the limited remaining ...