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Showing 61 - 70 of 436 results for "Managed investment scheme"

Falcon Capital, First Guardian Master Fund set for liquidation

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
ASIC is attempting to liquidate responsible entity Falcon Capital, wind up the First Guardian Master Fund, as well as impose a receiver and manager to director David Anderson's personal property. The regulator has put into motion the applications ...

Court acts against two with links to Shield Master Fund

JAMIE WILLIAMSON  |  THURSDAY, 27 FEB 2025
The Federal Court has made orders against two individuals in connection to ASIC's investigation into the Shield Master Fund collapse. The $480 million Shield Master Fund collapse will likely see its 5800-plus investors cop significant losses, with the ...

Treasury gives Tranche 2 reform package preview

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
The government has provided clarity on the second tranche of the Delivering Better Financial Outcomes reforms, offering more detail around what's included and confirming the remit of its 'new class of adviser.' The second package of reforms is aimed ...

Centrepoint Alliance launches long-awaited IconiQ platform

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... comprehensive portfolio and tax reporting. In addition, Centrepoint has launched the IconiQ SMA, a registered managed investment scheme. This will enable Centrepoint to add a range of diversified managed account portfolios constructed by other fund managers ...

Prime Super refreshes executive lineup

ELIZABETH FRY  |  FRIDAY, 29 NOV 2024
After six months in the fund's top job, Raelene Seales has bolstered the executive leadership by hiring four new executives and promoting two staffers from within. Having reshaped Prime Super's operations and structure, her immediate priority ...

Illegal investment scheme operator to pay $1.25m

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
The Federal Court has ordered Sasha Hopkins to pay $1.25 million and be disqualified for four years, in proceedings brought by ASIC. The court also ordered that The A Team Property Group, five of the investment schemes and associated companies be wound ...

EBC expands local offerings to HNWIs, instos

KARREN VERGARA  |  WEDNESDAY, 16 OCT 2024
UK wealth management and brokerage firm EBC Financial Group (EBC) has scored a new AFS Licence (AFSL) and is ready to take on institutional investors and Australia's growing high-net-worth population. London-based EBC provides financial brokerage, asset ...

FCX granted 'historic' market licence by ASIC, RBA

ANDREW MCKEAN  |  TUESDAY, 8 OCT 2024
FinClear subsidiary FCX, a platform for facilitating private market secondary transactions, has been granted a "first-of-its-kind" Australian Market Licence and Clearing Settlement Facility Licence by ASIC and the Reserve Bank of Australia (RBA). The ...

ISG ordered to wind up managed investment schemes

ELIZA BAVIN  |  FRIDAY, 4 OCT 2024
The Queensland Supreme Court has ordered the ISG Private Access Fund and the ISG Real Estate Equity Fund be wound up. This comes after ISG and its sole director, Benjamin Godfrey, had applied to appoint receivers to the schemes. ASIC intervened in the ...

Court rejects Linchpin director appeal

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
... O'Callaghan and Justice McElwaine in that Daly was an officer of a responsible entity of a registered managed investment scheme and did not act in the best interests of members. Daly, along with Ian Williams, Paul Raftery, and Paul Nielsen, breached ...