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Showing 1 - 6 of 6 results for "UGC"

Global Capital Property to be wound up

KARREN VERGARA  |  TUESDAY, 8 OCT 2024
... Consulting as liquidators to GCPF after ASIC applied for its wind up. Melbourne-based Hewish founded United Global Capital (UGC), which is also in liquidation, and began providing financial services, including financial advice, in 2017 to retail and ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... financial services business, was also dealt a blow with the corporate regulator's decision to cancel United Global Capital's (UGC's) AFS licence. UGC's AFS licence was revoked following a damning ASIC investigation which revealed that the firm's authorised ...

ASIC issues stop order on third property fund

CASSANDRA BALDINI  |  FRIDAY, 30 SEP 2022
... place interim stop orders on three financial firms. These were Responsible Entity Services Limited and two companies in the UGC Global Group. All three stop orders were made in relation to deficient TMDs. APIL will have an opportunity to make submissions ...

Stop orders placed on property funds

CHLOE WALKER  |  WEDNESDAY, 14 SEP 2022
... place interim stop orders on three financial firms. These were Responsible Entity Services Limited and two companies in the UGC Global Group. All three stop orders were made in relation to deficient TMDs.

ASIC concerns see 18 funds update advertising materials

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2022
... VentureCrowd Nominees and the Venture Crowd Trust No.0481 (Albany Creek) and the Venture Crowd Trust No.0505; VT No.2 Pty Ltd and the UGC Global Alpha Fund and the UGC Platinum Alpha Fund; and Wentworth Williamson Management and the Wentworth Williamson ...

ASIC issues first DDO stop orders

JAMIE WILLIAMSON  |  THURSDAY, 28 JUL 2022
... design and distribution obligations, ASIC has placed interim stop orders on Responsible Entity Services Limited (RES) and two UGC Global Group companies, UGC Global Alpha Limited and UGC Global Alpha Fund Limited. RES is prohibited from issuing interests ...
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