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

Search Results

Showing 521 - 530 of 735 results for "responsible entity"

MySuper authorisations hit 99

ALEX DUNNIN  |  TUESDAY, 3 DEC 2013
... personal and retirement products, has its MySuper authorised through Trust Company Limited which will be the Responsible Entity. AMG Universal Super is a joint venture between DDH Graham Limited and Pension Investments Limited that was established in ...

ASIC backs down on custody whistleblowing requirements

JAMES FERNYHOUGH  |  FRIDAY, 22 NOV 2013
... chair David Braga told Financial Standard: "We felt it was compromising the integrity of the role of the single responsible entity (SRE) - the old idea of the trustee. From the custodial level, we think there was some risk of ambiguity regarding what ...

Henderson acquires hedge fund manager H3 Global Advisors

MARK SMITH  |  THURSDAY, 14 NOV 2013
... exploring strategic options with external parties," he said. The sale of H3 will result in the transition of the Responsible Entity ownership of the H3 Commodities Fund and the H3 Global Strategies Fund to HGI over the next six months. Henderson manages ...

Select AM strengthens partnership with MGD Wealth

LAURA MILLAN  |  WEDNESDAY, 25 SEP 2013
... portfolio aims at providing cash reserves to meet investors' longer term liabilities. Select Fund Services is the responsible entity for the LDI Connect portfolios, which has recently achieved the milestone of $100 million in total funds under management. ...

PIS could face class action over "inadequate" advice

LAURA MILLAN  |  THURSDAY, 29 AUG 2013
... Brooklyn Park Organic Olive Groves Bonni-Foi project, a managed investment scheme (MIS) that collapsed when the responsible entity, Australian Green & Gold announced its intention to wind up the scheme in September 2011. Investors have approached Slater ...

Trio director strikes back and takes APRA to court

LAURA MILLAN  |  THURSDAY, 15 AUG 2013
... into voluntary administration after the Trio collapse. Trio Capital provided services to Millhouse IAG as the Responsible Entity and Trustee for Millhouse IAG's private equity business. Trio collapsed in late 2009 with losses of around $176 million.

LM liquidators get boot over conflict of interest

JAMES FERNYHOUGH  |  MONDAY, 12 AUG 2013
... unit holders of the FMIF before their own when they called a meeting of unit holders in April to change the responsible entity of the fund. Queensland Supreme Court Justice Dalton agreed, saying: "The administrators of [LM] have, in my view, demonstrated ...

CBA in talks to hand over management of three funds

MARK SMITH  |  WEDNESDAY, 24 JUL 2013
... will now consider the proposals on behalf of CPA unitholders and CFX securityholders in its capacity as the responsible entity of the trusts. The internalisation deal would save the CMIL board the management fee it currently pays to Commonwealth Bank. ...

ASIC seeks to wind up of LM mortgage income fund

MARK SMITH  |  FRIDAY, 19 JUL 2013
... were started by two FMIF investors seeking orders for the appointment of Trilogy Funds Management Limited as responsible entity of the fund. LM Investment Management, the current responsible entity, opposed the application. Appearing in the Queensland ...

Wellington forced to pay ASIC's cost of appeal

LAURA MILLAN  |  FRIDAY, 12 JUL 2013
... Australian Securities and Investments Commission (ASIC) after the regulator brought legal proceedings against the responsible entity of the Premium Income Fund (PIF). The cost of the proceedings is estimated to be between $80,000 and $100,000, an ASIC ...