Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 59 results for "Aurora Fund"

Aurora calls out 8IP directors

JAMIE WILLIAMSON  |  MONDAY, 19 MAR 2018
Aurora Funds Management is calling for the removal of three directors of Eight Investment Partners' $50 million listed investment company. Owning a 19.99% share in 8 Emerging Companies, Aurora is the largest shareholder in the LIC and said it called ...

WAM calls to remove Aurora as RE of listed trust

ALEX BURKE  |  TUESDAY, 20 FEB 2018
Wilson Asset Management submitted a request for an extraordinary general meeting to remove Aurora Funds Management as the responsible entity of an ASX-listed trust. Before calling for the meeting, WAM also lodged a redemption request for all of the ...

Aurora appoints new CFO

ALEX BURKE  |  FRIDAY, 12 JAN 2018
Aurora Funds Management has appointed a new chief financial officer following the previous CFO's termination after $1 million disappeared from a listed trust in November. Adrian Martin joins Aurora from Marshall Investments, where he was also chief ...

RNY wind-up sought as ASIC blocks Aurora move

ALEX BURKE  |  TUESDAY, 9 JAN 2018
RNY Australia Management (RAML), currently acting as responsible entity for the RNY Property Trust (RNY), will seek to wind up RNY in light of a decision against prospective RE Aurora Funds Management. ASIC did not grant a variation to Aurora's licence ...

Financial Standard's top stories of 2017

ALEX BURKE  |  FRIDAY, 22 DEC 2017
What were Financial Standard subscribers reading in 2017? Check out the most click-worthy stories of this year. The biggest stories of 2017 spanned new super funds, major strategic partnerships, landmark ASIC investigations, long-serving industry executives ...

Aurora traces stolen $1 million to former owner

ALEX BURKE  |  TUESDAY, 19 DEC 2017
Aurora Funds Management, which terminated the employment of its chief financial officer after $1 million disappeared from a listed trust in November, has traced the missing money to its former parent company, also listed on the ASX. Aurora told shareholders ...

Court shuts down listed investment manager lawsuit

ALEX BURKE  |  FRIDAY, 8 DEC 2017
The Supreme Court of Victoria has dismissed an application from a listed investment manager who was attempting to restraint Molopo Energy from acquiring further shares in a Florida oil and gas exploration company. Keybridge Capital had commenced proceedings ...

RNY unitholders left unpaid after Aurora scandal

ALEX BURKE  |  WEDNESDAY, 29 NOV 2017
... statement saying that Aurora's offer significantly undervalues the company and is "hostile and highly conditional"; the Aurora fund taking over Molopo is a "complex hedge fund" not listed on any securities exchange; and accepting the offer would prevent ...

Aurora CFO terminated as $1m vanishes from listed trust

ALEX BURKE  |  MONDAY, 27 NOV 2017
Aurora Funds Management has terminated the employment of its chief financial officer after $1 million was withdrawn from the bank account of a listed Aurora vehicle over the weekend. Terminated chief financial officer Betty Poon's involvement in the ...

WAM enters the fray for Molopo takeover

ALEX BURKE  |  THURSDAY, 9 NOV 2017
Wilson Asset Management, via WAM Capital, has submitted an off-market takeover proposal for Molopo Energy, following similar contested proposals from Keybridge Capital and Aurora Funds Management. WAM Capital is seeking all ordinary shares in Molopo ...