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Showing 71 - 80 of 85 results for %22Trio Capital%22

Proposed tough planner rules

ELISE BURGESS  |  THURSDAY, 2 JUN 2011
... interest of their clients. Increasing the impact and reach of ASIC to combat such situations as Storm Financial and Trio Capital, planners may potentially face fines of up to a million dollars and lifetime bans for breaches of new regulations. In response ...

Charter Hall battling hedge funds over office REIT

MATT WOODINGTON  |  TUESDAY, 31 MAY 2011
Superannuation funds could have a say in the future of Charter Hall Office REIT's $2 billion Australian portfolio if a trio of US hedge funds continues to agitate for a sale. Charter Hall Office REIT has confirmed that it will sell 100 per cent of the ...

Deadline tonight for Trio levy submissions

ALISON BEVEGE  |  MONDAY, 16 MAY 2011
... funds to have their say on regulations governing the levy to raise $55 million in compensation for victims of the Trio Capital fraud. With the impost worked out as a percentage of funds under management and capped at $500,000, some industry watchers ...

Trio compo draft regulations released

ALISON BEVEGE  |  TUESDAY, 10 MAY 2011
... Monday to have their say on regulations governing the levy to raise $55 million in compensation for victims of the Trio Capital fraud. Funds will be exposed to a maximum impost of $500,000 down to a minimum of $50 in the draft regulations released by ...

Fund managers fail to make the grade

ALISON BEVEGE  |  FRIDAY, 6 MAY 2011
... some areas." Industry watchers believe the research house is adopting a tough approach after having lost face in the Trio Capital scandal, along with other researchers Aegis Equities Research and VanMac - all of whom issued reports mentioning the disgraced ...

ASIC silent on possible research probe

ALISON BEVEGE  |  TUESDAY, 19 APR 2011
... refused to confirm or deny whether research houses who gave five-star ratings or positive reports on fraud funds Trio Capital and Astarra are being investigated. But industry insiders say the corporate watchdog is conducting a high-level investigation ...

Planners prime legal targets for angry clients

ALISON BEVEGE  |  MONDAY, 18 APR 2011
Financial planners relying on research are sitting ducks for legal action in the wake of the Trio Capital superannuation fraud and need to protect themselves, a planner has said. In the case of the Trio Capital fraud, adviser Ross Tarrant's firm Tarrants ...

Trio victims turn on planners

ALISON BEVEGE  |  FRIDAY, 15 APR 2011
... its decision on audited financial accounts as well as research from three reputable research houses, which all gave Trio Capital glowing reports. Tarrants has itself encouraged former clients to join a class action against Trio Capital. When a fraud ...

$55 million for Trio super fraud victims

ALISON BEVEGE  |  WEDNESDAY, 13 APR 2011
Victims of the Trio Capital superannuation fund fraud will receive $55 million in compensation from a special levy, the Federal Government announced today. Members of four super funds formerly under the trusteeship of Trio will recover all lost funds ...

Former Astarra investment manager pleads guilty

ELISE BURGESS  |  MONDAY, 7 FEB 2011
... hedge funds. The monies Richard placed in the overseas hedge funds had been raised by the responsible entity of ASF, Trio Capital Limited (Trio). Richard has plead guilty to then making materially misleading statements about the value of ASF's investments ...