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Showing 1 - 10 of 106 results for "Income Trust"

Sterling Income Trust executives charged

CHLOE WALKER  |  MONDAY, 6 NOV 2023
Three directors connected to the Sterling Income Trust are facing criminal charges over the collapsed property investment and management group's schemes. Sterling Group founder Raymond Jones and associate Simon Bell have each been charged with 11 counts ...

Ninety-seven super products fail performance test

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... include AvWrap Retirement Service MLC0398AU; IOOF Portfolio Service Superannuation Fund's OnePath Tax Effective WS Income Trust and Optimix WS Balanced Trust - Class A; MLC Superannuation Fund's Access Pre Select Growth, MLC Masterkey Unit Trust ...

Absolute-return bond funds fail ambitious returns: Research

KARREN VERGARA  |  FRIDAY, 12 MAY 2023
... negative equity correlation with equity markets. The AllianceBernstein Dynamic Global Fixed Income, Daintree Core Income Trust, Kapstream Absolute Return Income, Payden Global Income Opportunities and Schroder Absolute Return Income all received a red ...

Blackstone limits withdrawals on $103bn real estate fund

CASSANDRA BALDINI  |  TUESDAY, 4 APR 2023
The investment manager has limited redemption requests from its $103 billion (US$70 billion) real estate income trust following a rise in redemption requests in March. During a month of "tremendous market volatility" and "broad-based financial stress," ...

Review of managed investment schemes kicks off

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
... State laws when regulating real estate investments by schemes, including in relation to the failure of the Sterling Income Trust. Treasury has been asked to also consider whether 'investor rights' are appropriate, the liquidity requirements of ...

Blackstone restricts withdrawals on US$125bn property fund

CASSANDRA BALDINI  |  FRIDAY, 2 DEC 2022
Blackstone is limiting withdrawals from its US$125 billion real estate income trust (REIT) after a sharp rise in redemption requests. The global investor said the REIT received repurchase requests exceeding both the 2% of net asset value (NAV) monthly ...

Marketing oversight must improve: ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 30 NOV 2022
... Equity Trustees; the Funding Investment Trust, of which Melbourne Securities Corporation is RE; the Maxiron Monthly Income Trust under Primary Securities; and the Eley Griffiths Group Emerging Companies Fund, overseen by The Trust Company. Across the ...

ASIC concerns see 18 funds update advertising materials

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2022
... ASCF Select 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 ...

EQT secures RE, custody mandates

KARREN VERGARA  |  THURSDAY, 17 MAR 2022
... RBA cash rate plus 3.25% p.a. net of fees, investing in the MCP Wholesale Investments Trust and the Metrics Master Income Trust (ASX: MXT). It has returned 6.55% p.a. since its inception of nearly two years ago. "Equity Trustees have adeptly stepped ...

ASIC considering more action on Sterling collapse

KARREN VERGARA  |  MONDAY, 14 FEB 2022
Corporate regulator ASIC is being urged to take more action with respect to the collapse of the Sterling Income Trust. A senate committee that recently handed down its final report in its inquiry into the collapse of the Sterling Income Trust is urging ...
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