ASIC investigates van Eyk
The Australian Securities and Investments Commission (ASIC) has confirmed it in the process of investigating the Blueprint fund behind the voluntary administration of van Eyk.
Amidst media reports that ASIC raided the offices of the research house, the corporate regulator said its inquiry into the conduct of the fund was continuing.
However, it could not comment on the parties being investigated, the time frame or the scope given the ongoing nature of the process.
It follows a $31 million illiquid investment in the van Eyk Blueprint International Share Fund last month by UK-based hedge fund, Artefact Partners.
The research house went into voluntary administration earlier this month, with administrator Trent Hancock, of Moore Stephens Corporate Recovery, opening the floor for expressions of interest for van Eyk's assets.
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