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Showing 81 - 90 of 653 results for equity trustees

Crescent Wealth responds to PDS error criticism

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
... estimated costs weren't calculated or disclosed correctly, calling the coverage of its errors "misrepresented." Equity Trustees, the trustee of Crescent Wealth, recently issued a significant events notice following the discovery of a disclosure issue ...

Marketing oversight must improve: ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 30 NOV 2022
... performance and risk. The five funds are the Allan Gray Australia Stable Fund and Dent Sector Fund, both overseen by Equity Trustees; the Funding Investment Trust, of which Melbourne Securities Corporation is RE; the Maxiron Monthly Income Trust under ...

Crescent Wealth misreports indirect costs, breaches regulatory standards

ANDREW MCKEAN  |  MONDAY, 28 NOV 2022
Equity Trustees, the trustee of Crescent Wealth Superannuation, has said the fund's estimated costs weren't calculated or disclosed correctly, breaching regulatory standards. The finding follows a review by Equity Trustees, of the fund's ...

Goldman Sachs charged over ESG failures

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
... Goldman Sachs had several failures in relation to two mutual funds and one separately managed account within the Fundamental Equity group. These were the Goldman Sachs ESG Emerging Markets Equity Fund, Goldman Sachs International Equity ESG Fund and ...

Super is enabling private market democratisation: PGIM

ANDREW MCKEAN  |  FRIDAY, 18 NOV 2022
... has certainly been the case this year." According to APRA, MySuper funds allocated approximately 20% of assets to private equity, unlisted property and unlisted infrastructure, on 31 December 2021. Looking abroad, since 2001, US pensions have doubled ...

Chalmers gives Equity Trustees green light on AET

CHLOE WALKER  |  TUESDAY, 15 NOV 2022
After months of waiting, Equity Trustees has received ministerial approval to officially acquire Insignia Financial's Australian Executor Trustees (AET). Approval by treasurer Jim Chalmers was a condition precedent to completion of the $135 million ...

Hejaz launches Sharia-compliant ETFs

CHLOE WALKER  |  MONDAY, 17 OCT 2022
... and their failure to meet financial thresholds relating to debt, liquidity, and income. The group has appointed Equity Trustees as RE for both of the funds. Hejaz chief operating officer Muzzammil Dhedhy said: "While Islamic ETF products are widely available ...

GQG Partners awards RE mandate

CASSANDRA BALDINI  |  MONDAY, 10 OCT 2022
GQG Partners has appointed Equity Trustees as the responsible entity (RE) for its new dividend income fund. The Global Quality Dividend Income Fund aims to provide a rate of return exceeding the MSCI ACWI High Dividend Yield ex Tobacco AUD Index. It ...

Equity Trustees wins AEMO mandate

CHLOE WALKER  |  FRIDAY, 23 SEP 2022
Australian Energy Market Operator (AEMO) Services has appointed Equity Trustees as financial trustee under the NSW Electricity Infrastructure Roadmap. The Roadmap, established by the state government, is working towards the goal of 12GW of new renewable ...

ASIC concerns see 18 funds update advertising materials

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2022
... Income Fund and the ASCF High Yield Fund; Balmain Fund Administration and the Balmain Discrete Mortgage Income Trust; CFMG Equity and Income Funds Limited and the CFMG First Mortgage & Income Fund and the CFMG Land and Opportunity Fund; and CTSP Funds ...