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Showing 441 - 450 of 472 results for "Managed investment scheme"

ASIC winds up managed investment scheme

The Australian Securities and Investments Commission (ASIC) has moved to wind a managed investment scheme operated by South Australian man Guiseppe Mercorella. ASIC alleges that the scheme is in breach of the Corporations Act 2001 (the Act) since 2002 ...

Orders issued against investment scheme manager

... Guiseppe Mercorella whom the regulator alleges breached the Corporations Act through his involvement in a managed investment scheme, and owes investors approximately $78 million. The court orders obtained by ASIC prevent Mercorella from continuing to ...

Macquarie's Equinox 6 and Atlas Trust close with $100 million in retail funds

... capital protected hedge fund offerings, Macquarie Equinox 6 Trust was offered as an Australian Registered Managed Investment Scheme and raised more than $58 million from retail investors. "It has been our most successful raising to date and far exceeded ...

ASIC documents and expands relief rulings

The Australian Securities and Investments Commission (ASIC) has released an updated report detailing its relief rulings given to financial service providers from certain provisions of the Corporations Act 2001, and has also issued a new class order ...

Unregistered investment scheme shut down

... The Federal Court has granted orders allowing ASIC to appoint a liquidator to wind up an unregistered managed investment scheme promoted by George Peat. Peat promoted the scheme largely to clients of his mortgage broking business Wise Finance. The scheme ...

van Eyk gets iRate with property

In a bid to increase its property research offering on the iRate platform van Eyk has entered into a strategic alliance with property research group Managed Investment Assessments (MIA). The announcements caps off a series of recent research alliances ...

Primelife's settlement with ASIC comes at a high price

ASIC has reached a settlement with Primelife with regards to 20 allegedly unregistered management investment schemes including a payment of up to $600,000 to meet ASIC's legal costs and up to $1 million to cover independent accountant reports. In September ...

Aurora teams up with agricultural manager Environinvest

Aurora funds manage has entered into a distribution mandate with Melbourne based agriculture manager Environinvest to market and distribute three agricultural managed investment schemes. The deal will give investors access to the primary industry and ...

Mellon's $6 billion 2nd year birthday

Since its launch two years ago in the Australian market, Mellon Global Investments now have more than $6 billion invested in its specialist asset managers finding success across a number of specialty areas including currency, global, macro, hedge funds ...

Gold Coast wealth creation seminars stopped

The Supreme Court of Queensland has prohibited Jack Weavers and his company Oneworld Seminars (Oneworld) from rendering financial advice after finding he and his organisation were providing financial advice without holding an Australian financial services ...