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

Search Results

Showing 41 - 50 of 773 results for "Property fund"

ISPT joins IFM Investors

ANDREW MCKEAN  |  MONDAY, 16 DEC 2024
Unlisted property fund manager ISPT has integrated into fellow industry superannuation-owned business IFM Investors, with its chief executive, Chris Chapple, to take on a new leadership role. The two businesses, following a Scheme of Arrangement, came ...

FAAA slams 'underlying issues' in CSLR

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
... consider the substantial fees that were being generated by the Dixon business group from the US Masters Residential Property Fund (URF) product, the extent to which the regulatory focus on the financial advice provided to Dixon Advisory clients ignored ...

Dexus terminates Core Property Fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2024
The Dexus Core Property Fund has been terminated following a strategic review. The Trust Company, which serves as responsible entity, has determined that the Dexus Core Property Fund can no longer meet its investment objective. As a result, the fund ...

Keystone Asset Management to be wound up

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2024
... underlying investors in the Shield Master Fund. KAM, which is insolvent, is the trustee of the Advantage Diversified Property Fund (ADPF) in which a large proportion of Shield's funds were invested. The ADPF made loans to various companies associated ...

Newmark Capital elevates distribution capabilities

MATTHEW WAI  |  FRIDAY, 22 NOV 2024
... investors." "Nathan's expertise is expected to support Newmark's upcoming launch of an open-ended diversified property fund, which seeks to provide investors with stable income returns and capital growth through a diversified portfolio of high-quality ...

E&P Financial advances delisting

KARREN VERGARA  |  MONDAY, 4 NOV 2024
... to escape unscathed from providing conflicted advice relating to its in-house product, the US Masters Residential Property Fund (URF). In 2016, financial advice businesses Evans & Partners and Dixon Advisory merged to create Evans Dixon and listed on ...

MLC AM awards listed property mandate

KARREN VERGARA  |  FRIDAY, 25 OCT 2024
... seen in the High Growth and Geared options. In the Wholesale strategy, it will affect Horizon 2-5 and the Global Property Fund. For the Pre-Select offering, the Conservative, Balanced, Growth, High Growth options will see the changes. Cohen & Steers ...

Queensland-based financial firm loses AFSL

MATTHEW WAI  |  FRIDAY, 25 OCT 2024
... cancelled the licence on October 18. Next Gen had previously recommended its clients to invest in the Global Capital Property Fund (in Liquidation) (GCPF) and the Shield Master Fund. GCPF was a flagship fund from United Global Capital (UGC), which is ...

Property fund management firm loses AFSL

MATTHEW WAI  |  TUESDAY, 15 OCT 2024
ASIC has stripped the Australian financial services licence (AFSL) of Aretean Ltd Pty, trading as Aretean Capital, following the fund manager's failure to comply with its obligations. Aretean Capital boasts assets under management of over $250 million ...

Global Capital Property to be wound up

KARREN VERGARA  |  TUESDAY, 8 OCT 2024
The Federal Court ordered the wind up of Global Capital Property Fund (GCPF) shortly after director Joel Hewish was banned from working in the industry for 10 years. The hearing on October 3 appointed FTI Consulting as liquidators to GCPF after ASIC ...