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Showing 51 - 60 of 123 results for "Income Trust"

Investors sharpen watch on RMBS

KANIKA SOOD  |  MONDAY, 9 JUL 2018
... according to Moody's. What is certain is several fund managers are keen on RMBS in 2018. The Gryphon Capital Income Trust - a listed investment company which started trading in May on the heels of a $175 million initial public offer - held 73% of ...

Aussie asset manager cops ASIC intervention

HARRISON WORLEY  |  WEDNESDAY, 27 JUN 2018
... having already terminated Poon's employment once it discovered the unauthorised transfer of funds from its Buy-Write income Trust (AUP). In the eyes of the regulator, Poon's misappropriation and subsequent cover-up of her actions were facilitated by ...

Aussie IPO launches at decade high

KANIKA SOOD  |  FRIDAY, 15 JUN 2018
... billion-dollar L1 long short fund, the $249 million WAM Global (listing on June 19) and the $175 million Gryphon Capital Income Trust. The IPO activity data was released as a part of Baker Mckenzie's H1 Cross-Border IPO index. Globally, a total of ...

Aussie equities manager transitions leadership

HARRISON WORLEY  |  THURSDAY, 7 JUN 2018
... move which expands his responsibilities at the firm. Currently lead portfolio manager of both Perennial's Shares for Income Trust and the eInvest Income Generator Fund, Bruce now takes responsibility for all broader cap Australian equities portfolios. ...

Aurora repays stolen $1 million

ALEX BURKE  |  TUESDAY, 27 MAR 2018
Aurora Funds Management has repaid the $1 million misappropriated from its Buy-Write Income Trust (AUP). The money, which Aurora traced to SIV Asset Management (SAM), formerly known as Aurora Funds Limited, was fully repaid into AUP. In addition, Aurora ...

New income trust plans to raise $350m

KANIKA SOOD  |  THURSDAY, 22 MAR 2018
... secured debt securities with its new trust - which it says is the first of its kind in Australia. Gryphon Capital Income Trust (GCIT) will invest in residential mortgage backed securities and asset backed securities, and accept non-insto investors through ...

New trust lowers cost for retail access to corporate loan market

ALEX BURKE  |  WEDNESDAY, 21 MAR 2018
... corporate loan trust, giving retail investors more liquid access to a traditionally bank-dominated market. MCP's Master Income Trust (ASX: MXT) successfully raised $516 million in its initial public offering late last year. It currently has exposure ...

WAM calls to remove Aurora as RE of listed trust

ALEX BURKE  |  TUESDAY, 20 FEB 2018
... Before calling for the meeting, WAM also lodged a redemption request for all of the units held in the Aurora Global Income Trust (AIB), prior to any units allotted under the dividend reinvestment plan. Aurora said it was "considering the validity of ...

Perennial to launch active income ETF

ALEX BURKE  |  THURSDAY, 15 FEB 2018
... diversification, accessed through an efficient, low-cost listed structure." The ETMF is based on Perennial's Value Shares for Income Trust, which launched in 2005 and delivered an 8% gross distribution yield after fees per annum. Its lead portfolio manager ...

RNY wind-up sought as ASIC blocks Aurora move

ALEX BURKE  |  TUESDAY, 9 JAN 2018
... followed Aurora terminating its chief financial officer after $1 million vanished from the Aurora Property Buy-Write Income Trust (AUP). In December, Aurora announced it had traced the missing money to its former parent company, SIV Asset Management ...