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Showing 1 - 6 of 6 results for "Investport Income Opportunity Fund"

ASIC bans Melbourne adviser

CHLOE WALKER  |  FRIDAY, 1 JUL 2022
... June 2015 and September 2017, Ruthenberg recommended that some of his clients invest in the Investport Income Opportunity Fund, a high-risk fund of which he himself had specific interests via personal borrowings. In doing so, ASIC found that Ruthenberg ...

ASIC bans adviser over Linchpin, Endeavour fund

ANNABELLE DICKSON  |  THURSDAY, 4 NOV 2021
... banned a Queensland-based financial adviser for three years after recommending clients into the Investport Income Opportunity Fund. Keith Robert McDermott was an authorised representative of The FinancialLink Group and has been banned from managing ...

ASIC takes Linchpin, Endeavour directors to court

ELIZABETH MCARTHUR  |  TUESDAY, 15 SEP 2020
... Peter Daly. Williams, Nielsen and Raftery were directors of Endeavour when it operated the Investport Income Opportunity Fund. Daly, who was only a director of Linchpin not of Endeavour, ASIC alleges acted as an officer of Endeavour. In March last year ...

ASIC bans Linchpin directors

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAY 2020
... ASIC found that the three directors failed to act in the best interests of the members of the Investport Income Opportunity Fund. It also found they used their position as officers of the companies to gain an advantage for other persons and cause detriment ...

Federal Court shuts down Linchpin and Endeavour Securities

KARREN VERGARA  |  TUESDAY, 26 MAR 2019
... scheme operated by Endeavour and the unregistered scheme operated by Linchpin - both called the Investport Income Opportunity Fund - be placed into liquidation. Endeavour, in its role as responsible entity of the fund, did not act in the best interests ...

AIOFP slams FASEA proposals, launches petition

KARREN VERGARA  |  MONDAY, 20 AUG 2018
... Australia against Linchpin Capital Group and Endeavour Securities regarding the operation of the Investport Income Opportunity Fund. ASIC asserts that Linchpin, as trustee of the unregistered fund, received substantial funds by way of loan or subscription ...
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