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Showing 21 - 30 of 735 results for "responsible entity"

FEATURE | Regulation: Picking up the pieces

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
... they eventually went into liquidation." By February 2024, Kee began receiving emails from ASIC. By May 2024, responsible entity Falcon Capital suspended redemptions and applications in First Guardian, telling investors that it needed "to allow for a ...

Severe underperformance sees Polen Capital funds wound up

JAMIE WILLIAMSON  |  TUESDAY, 24 MAR 2026
Montgomery Investment Management has cut ties with Polen Capital, with the latter's responsible entity opting to terminate its funds after five years of underperformance. Polen Capital first entered the local wholesale market in 2021 through a partnership ...

ASIC considers changes to net asset requirements

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2026
... dollar amount of up to $1 million, or by applying this limb of the NTA formula on a per scheme basis - so a responsible entity must hold minimum NTA of the greater of $150,000 per scheme operated, 0.5% of the average value of fund assets (up to $5 million) ...

Equity Trustees lands new mandate

ELIZA BAVIN  |  THURSDAY, 26 FEB 2026
Equity Trustees (EQT) has been appointed Responsible Entity for the new River Capital High Conviction Fund. The fund, available to institutional and wholesale investors directly, and to retail investors via platforms, provides access to a focused portfolio ...

Channel Capital launches credit fund for wholesale investors

ELIZA BAVIN  |  TUESDAY, 24 FEB 2026
... managing risk through cycles." Channel Capital will provide all non-investment services for the fund, including responsible entity services, operations, client service and distribution.

Ziller launches Global Fund Active ETF

MATTHEW WAI  |  TUESDAY, 24 FEB 2026
... to 10% to cash or cash equivalents at any given time. Perennial Investment Management was appointed as the responsible entity (RE) for the ETF. The ETF has a minimum initial investment of $25,000, with an additional investment of at least $5000 thereafter. ...

ASIC fines Fundhost for misleading fund performance

ELIZA BAVIN  |  WEDNESDAY, 18 FEB 2026
... or misleading representations about the performance of the Polen Capital Global Growth Fund. Fundhost is the responsible entity of the Polen Capital Global Growth Fund. ASIC said between 15 March 2021 and 20 February 2025, a performance chart depicted ...

Kapstream launches ASX-listed investment trust

RIDDHIMA TALWANI  |  TUESDAY, 17 FEB 2026
... and potential on-market buybacks. It will be managed by Kapstream Capital with Equity Trustees acting as the responsible entity. "With the decline of Additional Tier 1 capital instruments (hybrids), investors are increasingly seeking reliable listed ...

First half steady, net inflows positive for Fiducian

KARREN VERGARA  |  MONDAY, 16 FEB 2026
... Last October, ASIC sued Fiducian for alleged greenwashing and failing to act with care and diligence as the responsible entity of the Diversified Social Aspirations Fund (DASF) in relation to its description of how the fund works in the Product Disclosure ...

Treasury to reform managed investment scheme governance

KARREN VERGARA  |  TUESDAY, 10 FEB 2026
... financial advice, poor scheme governance, the competing interests that can exist between investors and the responsible entity, and certain products being too complex for retail investors to understand despite disclosure requirements," Treasury said. ...