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Showing 21 - 30 of 778 results for "Property fund"

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
... the responsible entity for Shield and invested a significant amount of super money into the Advantage Diversified Property Fund (ADPF). In December 2024, Keystone was ordered to be wound up. Under the proposal, the 2800 Shield unitholders sourced from ...

UGC auditor 'comprehensively failed', registration stripped

JAMIE WILLIAMSON  |  MONDAY, 27 OCT 2025
... William O'Shea was employed by United Global Capital to audit both it and its managed funds, the Global Capital Property Fund (GCPF) and the UGC Global Alpha Fund. More than $92 million was invested in the funds, much of which is now unaccounted for. ...

Macquarie to shed more than 240 investment options

KARREN VERGARA  |  FRIDAY, 24 OCT 2025
... Securities Fund and Global Income Opportunities Fund. The others included the AMP Equity Fund Class A Units, Dexus Core Property Fund Class A and UBS International Share Fund. Based on the announcements made in October alone, a total of 251 investment ...

ASIC bans adviser attached to UGC, MWL

ELIZA BAVIN  |  THURSDAY, 23 OCT 2025
... superannuation into the SMSF and invest a significant portion of their retirement savings into the Global Capital Property Fund. He was authorised by United Global Capital (UGC) at the time. ASIC's investigation into UGC, which is now in liquidation ...

Hostplus slams Lendlease over $2bn fund

ELIZA BAVIN  |  TUESDAY, 30 SEP 2025
Hostplus has blasted Lendlease over its governance of the $2 billion Australian Prime Property Fund - Industrial (APPFI). The $130 billion super fund has been attempting to oust Lendlease as the manager of the APPFI and instate Mirvac in its place. ...

Former United Global Capital adviser banned

JAMIE WILLIAMSON  |  MONDAY, 1 SEP 2025
... failed key advice obligations when recommending clients invest their retirement savings into the Global Capital Property Fund Limited (GCPF). Petrovic advised clients to set up a self-managed superannuation fund (SMSF) and invest significant amounts ...

Adviser banned for UGC, Shield involvement

MATTHEW WAI  |  TUESDAY, 19 AUG 2025
... banned for four years for failing to act in clients' best interests by pushing them to invest in the Global Capital Property Fund (GCPF) and Pivotal Diversified Fund. The banning took effect from August 14. Rankin was an authorised representative of ...

Elanor rebuffs Lederer's governance concerns

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
... management capabilities. In providing an update on the proposed acquisition of its ASX-listed Elanor Commercial Property Fund (ECF), Elanor said it is still considering its response to the 70 cents per share offer. Interestingly, Elanor said it "strongly ...

Decade-long ban for UGC director upheld

MATTHEW WAI  |  WEDNESDAY, 13 AUG 2025
... sole director, responsible entity and key person of UGC. Last year, UGC's authorised representative Global Capital Property Fund (GCPF) was found to have contacted prospective clients, urging them to establish a self-managed superannuation fund (SMSF) ...

Lederer Group bids for Elanor Commercial Property Fund

KARREN VERGARA  |  TUESDAY, 5 AUG 2025
Lederer Group is attempting to acquire ASX-listed Elanor Commercial Property Fund (ECF), which has a portfolio valued at more than $500 million. Elanor Funds Management, the responsible entity (RE) of ECF, said it is considering Lederer Group's ...