Search Results | Showing 51 - 60 of 117 results for "Responsible entities" |
| | | ... While there was a significant drop in net investor cashflow in the first half of 2020, ASIC reported that responsible entities of these funds did not tighten members' ability to withdraw their investments. The review looked at four mortgage funds, five ... |
| | | | ... AMP Capital fund would merge through a stapling transaction. However, Dexus would need agreement from the responsible entities for both funds and 50% of Dexus unit holders and 75% of AMP Capital unit holders must vote in favour of the merger. |
| | | | ... objective of being the wholesale partner of choice." The merger will only go ahead with agreement from the responsible entities for both funds and 50% of Dexus unit holders and 75% of AMP Capital unit holders must vote in favour of the plan. Unit holder ... |
| | | | ... commissioner Cathie Armour said: "The Federal Court outcome sends an important deterrent message to other responsible entities, as well as to those entrusted to act as gatekeepers, to ensure they comply with their legal obligations." "ASIC will take ... |
| | | | ... fashioned product disclosure, has made comparing funds "difficult at best". "ASIC is responding by requiring responsible entities to have 'true to label' marketing and labelling, and releasing comparative data to support healthy competition," ... |
| | | | ... billion in total assets, initially looking at PDS and other public disclosure and then sending notices to 20 responsible entities to get further information on asset allocation, liquidity, maturity profile and resilience. This was followed by targeted ... |
| | | | ... beginning of the year, according to Fitch Ratings. In response, ASIC has granted new conditional relief to all responsible entities of registered managed investment scheme that are now frozen. Previously, access could only be granted on the basis of ... |
| | | | ... have been challenging in this economic environment and it is actively monitoring the valuation practices of responsible entities during this period of market disruption. "In this context, it is more important than ever that valuations of managed fund ... |
| | | | ... is threatening the wider sector with enforcement action for misleading claims. ASIC says it forced seven responsible entities and 13 funds with a total of $2.5 billion in assets to take "corrective action", including culling old advertising, product ... |
| | | | ... deficiency," ASIC said. "In light of this, ASIC revoked the AFS licence suspension on April 21 2020." ASIC said responsible entities with an AFSL are required to meet the minimum level of net tangible assets of $150,000. "Ausfunds had not maintained ... |
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