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Showing 1 - 10 of 21 results for "Keystone Asset Management"

EQT stands firm on defence, blames ASIC, third parties

KARREN VERGARA  |  MONDAY, 19 JAN 2026
... mentioned. In EQT's eyes, losses to members were caused by financial advisers' wrongdoing, responsible entity Keystone Asset Management and related parties. All this was facilitated by auditor BDO, SQM and Atchison. Citing SQM's research on the fund ...

ASIC sues BDO Audit for misleading statements

MATTHEW WAI  |  MONDAY, 5 JAN 2026
... BDO is also the auditor of the collapsed investment scheme Shield Master Fund, which confirmed that Keystone Asset Management, the responsible entity of Shield, had complied with the compliance plan for the financial year ended 30 June 2022. However ...

Shield proposes to liquidate equities to pay investors

KARREN VERGARA  |  WEDNESDAY, 3 DEC 2025
... selling a large portion of its listed equities portfolio, according to liquidators Alvarez & Marsal. Keystone Asset Management, which is the responsible entity for the Shield Master Fund, has proposed an interim distribution to unitholders that will ...

SQM Research faces court over 'favourable' rating of Shield

MATTHEW WAI  |  THURSDAY, 13 NOV 2025
... October 2022, that rated the different classes of Shield as 3.75 stars, which is considered favourable. Keystone Asset Management, the responsible entity of Shield, engaged SQM Research to provide ratings for its Balanced, Conservative and Growth classes ...

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
... advice, and provided defective statements of advice whilst receiving millions of dollars. Meanwhile, Keystone Asset Management director Paul Chiodo yesterday released a statement saying he vows to make "2800 Shield investors whole before Christmas" under ...

ASIC slaps MWL adviser with ban over Shield involvement

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... victims' retirement savings, while ETSL maintains its innocence. Meanwhile, ASIC continues to investigate Keystone Asset Management (the responsible entity for Shield) and other entities and advisers.

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... Anderson and Simon Selimaj, who were directors of Falcon Capital, the responsible entity for the fund. Keystone Asset Management was Shield's responsible entity with Paul Chiodo as director. To say there are a lot of moving parts would be an understatement. ...

ASIC raises alarm on auditor independence, conflicts of interest

KARREN VERGARA  |  WEDNESDAY, 8 OCT 2025
... compromise their professional judgement with the entities they audit." BDO was the auditor of defunct Keystone Asset Management, the responsible entity of the Shield Master Fund. When the Federal Court appointed new receivers and administrators in September ...

Equity Trustees slashes value of Shield investments

JAMIE WILLIAMSON  |  THURSDAY, 18 SEP 2025
... update the value of the units itself, showing a stark variance to the previous unit price determined by Keystone Asset Management in April 2024. Of the four investment options, three were marked down by close to 50%, while one - the High Growth option ...

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
... into the circumstances surrounding Shield are ongoing. In addition to trustees, ASIC is investigating Keystone Asset Management - the responsible entity for Shield - its directors and officers, certain financial advisers who recommended investors invest ...
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