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

Search Results

Showing 731 - 740 of 926 results for "Administrator"

Untangling the Astarra web continues

RUTH LIEW  |  THURSDAY, 4 MAR 2010
New information from Trio Capital administrator PPB showed more than half of the $63 million Asttar Wholesale Portfolio Service's assets were invested in funds and property firms part and wholly owned by the failed fund manager. According to a letter ...

KPMG sounds alarm on admin fraud

MICHAEL HOBBS  |  FRIDAY, 19 FEB 2010
... trustees must ensure they have a clause within the administration outsourcing agreement that allows a review of the administrator's processes when they sign the contract. "When you're entering an agreement with the outsource provider, make sure that ...

Trio funds to be wound up

COMPANY RELEASE  |  THURSDAY, 11 FEB 2010
PPB, the administrator of Trio Capital, is filing a court application to wind up six of the failed fund manager's funds following an initial investigation of the schemes. According to a letter from PPB, an application will be filed with the court this ...

AdminPARTNERS to target midsized funds

MICHELLE BALTAZAR  |  WEDNESDAY, 20 JAN 2010
The newly-renamed superannuation funds administrator AdminPARTNERS has big plans for the midsized superannuation market and, this year, it hopes to tailor similar services for fund managers, too. AdminPARTNERS was previously known as GPen before it ...

Mahogany enters voluntary administration

COMPANY RELEASE  |  WEDNESDAY, 16 DEC 2009
Mahogany Capital has appointed Christopher Hill and Marcus Ayres of PPB as voluntary administrators to the firm. According to an ASX statement released on Tuesday, the announcement follows Perpetual removing over $1.5 million from Mahogany's bank accounts ...

ComSuper faces executive and admin reforms

RUTH LIEW  |  MONDAY, 30 NOV 2009
Government superannuation schemes have not escaped ongoing governance reviews, with the schemes' administrator ComSuper mandated to outsource some of its work to cut taxpayer bill and the 'Commissioner for Superannuation' role dropped in favour of a ...

Liar, liar, hedge funds on fire

MICHELLE BALTAZAR  |  WEDNESDAY, 25 NOV 2009
... problems verifying statements that they make; they keep switching the auditor and they don't have an independent administrator." Brown said that his study revealed the non-problem funds, or those that score well based on the due diligence reports, have ...

Bookmakers fund closer to liquidity resolution

RUTH LIEW  |  WEDNESDAY, 18 NOV 2009
... property-related issues to be resolved in the over the coming 12 months. BSF also said the recent purchase by the fund's administrator Diversa of the Super Promoters business has seen the introduction of additional specialist resources and capabilities ...

Computershare to challenge industry incumbents

COMPANY RELEASE  |  TUESDAY, 10 NOV 2009
Computershare is using its tried-and-tested template in providing top-line share registry services to shake up competition in the unit registry services market. Computershare has fully integrated its unit registry services for fund managers, friendly ...

Four pillars of a good hedge fund: Ashton

RUTH LIEW  |  MONDAY, 26 OCT 2009
... than yourself," said Raphaely. Last but not least, it's critical for a fund manager to hire a "strong, independent" administrator, he said. Ashton's feeder funds into the Paulson products reaped as much as 30 per cent plus returns for example for the ...