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Showing 61 - 70 of 634 results for "responsible entity"

Equity Trustees takes on new RE mandate

CHLOE WALKER  |  THURSDAY, 13 JUL 2023
... (ALC), the independent investment and fund management arm of Aqualand Group, selected Equity Trustees to be the responsible entity of its new range of retail funds. The funds include the ALC Global Credit Fund, the ALC Active Australian Equity Fund and ...

Australian Unity, Cromwell to merge funds

CHLOE WALKER  |  FRIDAY, 7 JUL 2023
... and South Australia. At the same time, Cromwell has struck a deal with Australian Unity to acquire AUPL, the responsible entity of AUDPF for $17 million. Cromwell chief investment officer Rob Percy said the proposed transaction aligns with Cromwell's ...

abrdn's Jollie outlines next steps

ELIZABETH FRY  |  FRIDAY, 7 JUL 2023
... Company - which will distribute its Australian suite of funds - and MSC Group - which assumes trusteeship and responsible entity (RE) duties across its Australian fund book. "Partnering with SGH and MSC allows us to focus on bringing our global investment ...

abrdn sells local trustee business

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
... sustainable growth while delivering the best outcomes for Australian investors. "By outsourcing the trusteeship responsible entity duties, it allows us to focus on bringing our global investment capabilities into Australia in response to the increasingly ...

URF investors reject K2 as RE

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
... Financial Group's US Masters Residential Property Fund (URF) have rejected K2 Asset Management as its new responsible entity. Unitholders of URF voted against appointing K2 Asset Management (KAM) as its RE yesterday at a general meeting, with 75.9% ...

Director banned for eight years

CHLOE WALKER  |  TUESDAY, 13 JUN 2023
... was found he lacked relevant qualifications and experience, and misled investors. Foxi Capital director and Responsible Entity Services (RES) authorised representative Shaun Fox was banned by ASIC, which found he made false and misleading statements ...

E&P Investments hands over RE mandate

JAMIE WILLIAMSON  |  MONDAY, 15 MAY 2023
Following a call for expressions of interest, E&P Investments has selected a new responsible entity (RE) for six of its managed investment schemes. In March, E&P Investments sought to replace itself as RE of the US Masters Residential Property Fund ...

Dalton Street fund terminated

JAMIE WILLIAMSON  |  THURSDAY, 4 MAY 2023
... Dalton Street Market Neutral Trust is to be terminated this month as it is "no longer economically viable." As responsible entity for the fund, Equity Trustees said the fund will be wound up no later than May 10, primarily due to its low assets under ...

Mantis Funds wins new distribution mandate

CHLOE WALKER  |  MONDAY, 3 APR 2023
... Returns Fund in Australia later this quarter. As a part of a deal, and in conjunction with Equity Trustees as responsible entity, Atlantic House will build an Australian unit trust feeding into its flagship $2.99 billion Atlantic House Defined Returns ...

ASIC consults on sunsetting class orders

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
... schemes and corporate directors of corporate collective investment vehicles. Class Order [CO 13/519] Changing the responsible entity ; and Class Order [CO 13/656] Equality of treatment impacting on the acquisition of interests are due to sunset on October ...