van Eyk sale process begins

van eyk van eyk research

18 September 2014
| By Staff |
image
image
expand image

van Eyk's administrator is seeking expressions of interest for the research group's assets, including its portfolio construction product, iRate.

The call comes two days after the research group went into voluntary administration.

Administrator Trent Hancock, of Moore Stephens Sydney Corporate Recovery Group, hopes opening the business to potential offers will be the best pathway for high investment returns for creditors.

"The core business and assets of van Eyk Research remain valuable and highly regarded, to the extent that we have fielded a large number of informal expressions of interest through the course of this week," he said.

It will be accepting expressions of interest up until 23 September.

 

 

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Random

What happened to the 700,000 million of MLC if $1.2 Billion was migrated to Expand but Expand had only 512 Million in in...

3 days 7 hours ago
JOHN GILLIES

The judge was quite undrstanding! THEN AASSIICC comes along and closes him down!All you 15600 people who work in the bu...

4 days 4 hours ago
JOHN GILLIES

How could that underestimate happen?usually the quote transfer straight into the SOA, and what on earth has the commissi...

4 days 5 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 4 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 2 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

10 months ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND