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Showing 381 - 390 of 437 results for "Managed investment scheme"

Aust and HK strengthen retail ties

RUTH LIEW  |  TUESDAY, 8 JUL 2008
Hong Kong and Australian retail fund managers will be able to sell their products to investors in each other's markets following ASIC's signing of a mutual recognition declaration with the Hong Kong Securities and Futures Commission (SFC). For the first ...

Aus and NZ fund issuance better under MRSO

RUTH LIEW  |  FRIDAY, 13 JUN 2008
The Australian Securities and Investments Commission (ASIC) and New Zealand Securities Commission have applauded the Mutual Recognition of Securities Offerings (MRSO) - a new legislation that will see trans-Tasman mutual recognition of securities offerings. ...

AAI launches the Art Trust

MICHAEL HOBBS  |  MONDAY, 12 MAY 2008
... after an art specialist launched a new unit trust designed for institutional investors. Registered as a managed investment scheme, The Art Trust, adopts a unit trust structure and aims to raise between $30 and $50 million from investors. Returns for ...

Managed accounts hold trumpcard

MICHELLE BALTAZAR AND RUTH LIEW  |  WEDNESDAY, 30 APR 2008
... interest now in managed accounts. With most of the groups that I speak with, there is a bias using the managed investment scheme, or an IDPS type scheme. We believe the reason is that financial planners are already operating in that model now and that ...

ASIC closes Risqy Forex scheme

RUTH LIEW  |  MONDAY, 3 MAR 2008
... Commission (ASIC) has obtained orders in the Supreme Court of Queensland in Brisbane to close an illegal managed investment scheme involving $14.5 million being operated by unregistered New Zealand-based Risqy Limited. According to a statement by ASIC ...

Trust names GM

Eugene Quass has been appointed executive general manager of Trust's Financial Services division. "Eugene will be responsible for analysing, developing and implementing strategic directions for our Financial Services businesses," Jonathan Sweeney, Trust's ...

Super promoter faces trial

RUTH LIEW  |  TUESDAY, 19 FEB 2008
... superannuants. He was also committed on one count under the Corporations Act of operating an unregistered managed investment scheme. Formerly a director of Comcash Australasia Pty Ltd, Sharland was involved in the promotion of the early release of superannution ...

Fundies find a loophole in money laundering law

WWW.THESHEET.COM  |  WEDNESDAY, 12 DEC 2007
... there is a big loophole in the law. Austrac issued a statement yesterday, saying the issue of units in a managed investment scheme would not fall within the coverage of the AML/CTF Act. This is an embarrassing about turn for Austrac which had, until ...

Cairns planner jailed for fraud

CHRIS NICHOLLS  |  MONDAY, 5 NOV 2007
... orders in the Supreme Court of Queensland in Cairns to appoint an interim receiver to an unregistered, managed investment scheme, operating as Drury Management in Malanda, Queensland. ASIC obtained orders against the directors of Drury Management, Walters ...

Aurora to list buy-write income trust

CHRIS NICHOLLS  |  WEDNESDAY, 31 OCT 2007
... director at Aurora Funds Management, said, "We can potentially deliver a high yield through this listed managed investment scheme structure, which is very attractive to retail investors looking for these sorts of equity related income returns through ...