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Showing 391 - 400 of 471 results for "Managed investment scheme"

Unregistered MIS operator arrested

COMPANY RELEASE  |  THURSDAY, 5 NOV 2009
The former director of Fuelbanc Australia and operator of an unregistered managed investment scheme, Stephen McDougall, was arrested yesterday after the court charged him with nine counts of dishonest use of his position as an officer of the company. ...

Chinese Australians return to the East

RUTH LIEW  |  THURSDAY, 15 OCT 2009
... this basis that Wu set up the Premium China Funds Management, which runs the Premium China Fund - a managed investment scheme which invests in companies listed in Hong Kong, Mainland China, and Taiwan, among others. Value Partners Group is the underlying ...

Perth fund manager gets wind up orders

ASIC RELEASE  |  WEDNESDAY, 23 SEP 2009
... appointed by the Court as the liquidator for Finchley. Finchley is the responsible entity of a registered managed investment scheme known as Finchley Development Capital Funds (FDCF). Within FDCF there are two active trusts which have raised funds from ...

Powerwrap goes live

COMPANY RELEASE  |  TUESDAY, 8 SEP 2009
... to add SMA functionality to its repertoire in the next quarter. The Powerwrap Investment Account - a managed investment scheme (MIS) operating on Praemium's proprietary portfolio administration platform, V-Wrap - provides custodial holdings for managed ...

ASIC slaps six year ban for MIS fraud

ASIC RELEASE  |  MONDAY, 24 AUG 2009
... providing financial services for six years after he stole $15.2 million from clients and ran an unregistered managed investment scheme. This follows an investigation by ASIC into the operation of a private mortgage investment business operated by West ...

Westpoint auditors get just desserts

ASIC RELEASE  |  TUESDAY, 18 AUG 2009
Three KPMG partners have been banned as registered auditors for periods ranging from nine to 24 months following ASIC's crackdown on their roles in the Westpoint collapse. ASIC has accepted enforceable undertakings (EUs) from three partners of KPMG's ...

ASIC targets another MIS scheme

ASIC RELEASE  |  THURSDAY, 13 AUG 2009
... to wind up and appoint a liquidator to Finchley Central Funds Management - the responsible entity of managed investment scheme, Finchley Development Capital Funds. ASIC is seeking orders from the Federal Court of Australia to have Finchley wound up and ...

ASIC cracks down on MIS scammer

ASIC RELEASE  |  FRIDAY, 7 AUG 2009
ASIC has turned its attention on a managed investment scheme (MIS) operator, James Kentwell Lovell, who allegedly fleeced $7.9 million from 200 investors, including self-managed super funds. On 29 July 2009, ASIC obtained interim orders in the Supreme ...

Agribusiness MIS suffer 77pc drop

RUTH LIEW  |  MONDAY, 20 JUL 2009
First Timbercorp fell, then Great Southern plummeted - fuelling Australia's agribusiness managed investment schemes sector to suffer a 77 per cent decline in invested funds for the last financial year. New figures from the Australian Agribusiness Group ...

Push for redemption freeze lifts: PASL

COMPANY RELEASE  |  WEDNESDAY, 15 JUL 2009
Super fund trustees should not be afraid to challenge redemption freezes and question the validity of the Responsible Entity model if it's in their members' interests, said Professional Associations Superannuation Fund (PASL). PASL made the comments ...