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Showing 361 - 370 of 735 results for "responsible entity"

Centuria REIT sees $755m off-market takeover

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
... said. On acquiring more than 50.1%, PLG will appoint a group member to replace Centuria Property Funds No. 2's responsible entity - thereby earning an investment management fee.

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... acted as both the trustee of superannuation funds, including The Portfolio Service Retirement Fund (TPS), and responsible entity for a number of managed investment schemes, fell below community standards and may have breached the SIS Act with respect ...

Equity Trustees net profit up 28pct, execs get bonuses

KANIKA SOOD  |  WEDNESDAY, 22 AUG 2018
... Non-executive directors' fee remained the same during the period. Equity Trustees' acquisition of the OneVue responsible entity business added $2.7 billion of assets, while Aon Master Trust's super trustee appointment bought in $3.2 in funds ...

Mainstream enters SMA market

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
... management to be the foundation clients for the platform. Perpetual Corporate Trust has been appointed as the responsible entity for SMA platform, continuing the existing relationship that includes 24 mutual clients in the funds services business. Mainstream ...

Property fund makes $143m bid to internalise management

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
... management functions to be internalised. The fund is currently managed by an external entity, and directors and its responsible entity see immediate benefits to earnings and governance from the move. The Aventus Retail Property Fund fund is an ASX-listed ...

IOOF executives dismiss conflicts of interest

KARREN VERGARA  |  FRIDAY, 10 AUG 2018
... information among them. IOOF Investment Management Limited (IIML) is the trustee of IOOF's super fund, the responsible entity for several managed investment schemes; and invests in other external managed investment schemes. IOOF (IFH) is the holding ...

BNY Mellon partners for new fund, eyes Aussie retail market

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
... the investment manager, with three of its investors handling the investments while Pinnacle will act as the responsible entity. BNY Mellon's James Lydotes will be the lead portfolio manager, Brock Campbell will act as the portfolio manager while ...

Perpetual wins RE mandate

KARREN VERGARA  |  THURSDAY, 9 AUG 2018
Perpetual Corporate Trust has been awarded a responsible entity (RE) mandate for a newly-listed agricultural REIT. Perpetual's wholly-owned subsidiary is the RE of Vitalharvest Freehold Trust, which listed on the ASX on August 1, raising $185 million. ...

Equity Trustees responds to GAM suspension

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
... the global manager's fixed income investment director. In a letter to unitholders, Equity Trustees - as responsible entity for the GAM Absolute Return Bond Fund and GAM Absolute Return Bond Defensive Fund - explained both funds substantially invest ...

BNP Paribas AM sells Arnhem stake, appoints new investment manager

JAMIE WILLIAMSON  |  WEDNESDAY, 1 AUG 2018
... Arnhem Australian Equity Fund to be transferred to a specialist wholesale investor. On July 27, the fund's responsible entity Equity Trustees notified unitholders that Arnhem is to be replaced as delegated investment manager by JCP Investment Partners ...