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Showing 371 - 380 of 762 results for "responsible entity"

Primary digs heels on Aurora fund

KANIKA SOOD  |  FRIDAY, 18 JAN 2019
Primary Securities is sticking to its attempt to take over as responsible entity of the Aurora Absolute Return Fund. This is despite Aurora's refusal to acknowledge the validity of Tuesday's vote. On Tuesday at a meeting held in Canberra, unitholders ...

Investors rage coup against Aurora

KANIKA SOOD  |  THURSDAY, 17 JAN 2019
Investors in the troubled Aurora Absolute Return Fund have voted to boot Aurora Funds Management as the responsible entity. However, Aurora contests the validity of this vote. The challenger is Primary Securities, backed by some investors of the fund ...

SelfWealth launches ETF

KARREN VERGARA  |  WEDNESDAY, 16 JAN 2019
... Capital are backing SELF by providing $100 million in seed funding. ETF Securities Australia will act as the responsible entity. SelfWealth chief executive Andrew Ward said SELF will be constructed using data from the best-performing investors among ...

Boutique shuts down fund

KANIKA SOOD  |  WEDNESDAY, 16 JAN 2019
... officer Brian Carley and son Damon Carley worked on the fund while One Managed Investment Funds acted as the responsible entity. "I just turned 75. I have had enough of managing other people's money," Carley told Financial Standard. The closure leaves ...

IOOF appoints independent reviewer

DARREN SNYDER  |  TUESDAY, 1 JAN 2019
... APRA's approval. IOOF has also agreed with APRA to separate its Registrable Superannuation Entity (RSE) and Responsible Entity (RE) licence functions into distinct legal entities by 31 December 2019. The wealth manager will also appoint an independent ...

OneVue offloads trustee business

KARREN VERGARA  |  THURSDAY, 20 DEC 2018
... its self-managed superannuation administration business to SuperConcepts, and divested three business units: responsible entity, investment management and WealthPortal. It acquired two others: KPMG Superannuation Member Administration and No More Practice ...

Copia builds distribution team

KANIKA SOOD  |  THURSDAY, 13 DEC 2018
... officer Sam Cole said. The 18-year company has four managers that together manage $1.6 billion. 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 Aussie ...

Impact investment manager grows board

JAMIE WILLIAMSON  |  FRIDAY, 7 DEC 2018
... In addition to IIG, Boreham serves as a non-executive director on the board of Yarra Funds Management, the responsible entity for the managed funds offered by Yarra Capital Management. She is also a non-executive director of ShareGift Australia, a not-for-profit ...

Australian Unity fund manager steps down

KANIKA SOOD  |  TUESDAY, 4 DEC 2018
... properties in Sydney, Adelaide, Melbourne, Brisbane and Canberra metropolitan areas and CBD. On November 28, AOF's responsible entity rejected a revised takeover offer from Starwood Capital Group to acquire all shares in AOF for what the responsible ...

Asset manager shutters two funds

KARREN VERGARA  |  MONDAY, 5 NOV 2018
... told investors it stopped receiving applications for units after 2pm (Sydney time) on 20 September 2018. As responsible entity for the two funds, Nikko Asset Management Australia said in a statement it "regularly conducts reviews to ensure that the products ...