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Showing 581 - 590 of 735 results for "responsible entity"

ASIC: New regulations for responsible entities

ELISE BURGESS  |  TUESDAY, 8 NOV 2011
... chairman Greg Medcraft. "As Australia raises its profile as a leading financial centre, increasing minimum responsible entity capital requirements to a level that is globally comparable improves confidence in the integrity of our markets," said Medcraft. ...

APRA accepts EU from former Trio director

CLAIRE MCGREAL  |  FRIDAY, 4 NOV 2011
... Natasha Beck for a period of four years. Trio Capital was the trustee of five superannuation entities and the responsible entity for 25 managed investment schemes, including the Astarra Strategic Fund In April Assistant Treasurer Bill Shorten announced ...

ASIC seeks interim orders against Equititrust

ELISE BURGESS  |  THURSDAY, 3 NOV 2011
... existing members' interests and dealing with any property held or controlled by Equititrust in its capacity as the responsible entity of the scheme. The orders in relation to EPCIF restrain Equititrust from issuing new interests in the scheme without ...

Opus Capital offers EU olive branch to ASIC

ELISE BURGESS  |  FRIDAY, 14 OCT 2011
... breach of its Australian financial services licence. The regulator has accepted the offer. Opus Capital, a responsible entity for 14 unlisted property funds, had its licence cancelled in August last year after the company failed to rectify the ongoing ...

Advance sells management of $650 million retail funds

MATT WOODINGTON  |  MONDAY, 10 OCT 2011
... receive exemplary service levels," said Chris Larsen, chief executive, Ironbark. Advance, which will remain the responsible entity of the funds overseeing all client services, decided to sell the rights to focus on multi manager funds, according to MBA. ...

Snowball chief announces exit plans

ELISE BURGESS  |  WEDNESDAY, 5 OCT 2011
... management, will now report to the chief financial officer, Linda Fox, and will manage the Group's move to become a Responsible Entity for its core diversified Strategic Trusts, which hold around $2.5 billion of the Group's funds under management. The ...

New emerging markets fund earns super mandates

MATT WOODINGTON  |  MONDAY, 26 SEP 2011
... over 3000 listed companies while the MSCI Index only includes three companies." Equity Trustees is the trust's responsible entity. US-based Neuberger Berman has global funds under management of around $198 billion.

AXA winds up billion dollar funds

ELISE BURGESS  |  WEDNESDAY, 7 SEP 2011
... million FUM and the Wholesale Australian Diversified Property Securities Fund with $157.3 million FUM. The responsible entity and majority unit holder in each of the funds, National Mutual Life Association of Australasia (NMLA), has decided to transition ...

Rainmaker event draws global investors to Australian market

MATT WOODINGTON  |  FRIDAY, 2 SEP 2011
... competitors, the role of intermediaries and gatekeepers, appetite for global products and the role of the trustee, responsible entity, custodian and fund administrators. The event takes place at Bloomberg's offices in Capital Square, Singapore this a ...

Opus licence decision overturned

RACHEL DAVIS  |  FRIDAY, 2 SEP 2011
... decision against the cancellation of the Australian financial services licence held by Opus Capital Limited, responsible entity for 14 unlisted property funds. ASIC's decision to cancel Opus' licence was made after the company failed to rectify an ongoing ...