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Showing 361 - 370 of 762 results for "responsible entity"

Federal Court shuts down Linchpin and Endeavour Securities

KARREN VERGARA  |  TUESDAY, 26 MAR 2019
... both called the Investport Income Opportunity Fund - be placed into liquidation. Endeavour, in its role as responsible entity of the fund, did not act in the best interests of the members and failed to ensure the financial services it provided were provided ...

Perpetual raising $440m for credit trust

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... typically issued into wholesale or institutional markets," Mr Korber added. Perpetual Trust Services Limited is the responsible entity for the fund and Perpetual Investments will be the manager. Last month, Perpetual released its second half results ...

Boutique manager makes executive changes

KARREN VERGARA  |  TUESDAY, 19 MAR 2019
... growth of both GARDA Capital and the GARDA Diversified Property Fund," he said. The ASX-listed REIT (GCM) is the responsible entity of its listed property fund, GARDA Diversified Property Fund (GDF). GDF invests in commercial offices and industrial facilities ...

Paradice Investments sales lead takes new role

KANIKA SOOD  |  MONDAY, 11 MAR 2019
... 18-year old company has four managers that together manage about $1.6 billion, as at December 2018. It acts as a responsible entity for all its boutiques but ownership structures vary. All four boutiques work with equities: OC Funds Management is an ...

Global fund launches in retail market

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2019
... Sayles Global Equity Fund targets financial advisers and direct investors. Investors Mutual Limited (IML) is the responsible entity for the fund, incepted on 1 November 2018. The majority (67.7%) of the fund invests in US-listed companies such as Alphabet ...

Equity Trustees acquires superannuation trustee

KARREN VERGARA  |  TUESDAY, 26 FEB 2019
... trustee wealth and corporate trustee services businesses. Its acquisition of OneVue RE Services (now known as EQT Responsible Entity Services) and Treasury Capital (now known as Equity Trustees UK & Europe) in 2017, also contributed to revenue growth. ...

APRA could oversee stalled super fund mergers

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
... of such a power," Commissioner Kenneth Hayne said in his final report. The SIS Act asks that trustees of any responsible entity that offers a MySuper product must conduct an annual scale assessment to decide if its members would benefit from merging ...

Conflicts of interest recommendation falls short

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... duties the trustee owes to members of the superannuation fund are not the same as the duties it will owe as responsible entity of a managed investment scheme and the duties will be owed to two different classes of members." ISA said the proposed changes ...

Yarra Capital adds to investment team

KANIKA SOOD  |  FRIDAY, 1 FEB 2019
... Aussie equities funds, bringing in roughly $800 million of additional assets under management. UBS remained the responsible entity and looked after their distribution after the change. As a part of the change, UBS microcap fund manager Joel Fleming crossed ...

Federation Asset Management appoints Equity Trustees

HARRISON WORLEY  |  THURSDAY, 31 JAN 2019
... appointed Equity Trustees as its trustee. Federation Asset Management appointed Equity Trustees as its trustee and responsible entity. The firm, who launched last September, is aiming to lead investment in renewable energy, health, education, real estate ...