MIA set to be wound-up



Stephen Van Eyk
Van Eyk Research is seeking to wind-up research house Managed InvestmentAssessments (MIA) in the New South Wales Supreme Court.
Van Eyk principal Stephen van Eyk refused to comment on the action, as did former MIA director Anton Lawrence.
Lawrence closed MIA at the end of April this year and handed back the researcher’s Australian Financial Services Licence on November 28.
He did confirm all subscriptions to his research service had been repaid.
Lawrence has subsequently become chief investment officer at Western Australian property fund manager Aspen Group.
According to documents lodged by van Eyk in the Supreme Court, the researcher is looking to have a liquidator appointed to Melbourne-based MIA and seeks costs for the winding up action.
MIA was providing property investment research to van Eyk but was replaced by Adviser Edge, which is providing research on both property and agribusiness investments.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.