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
Unregistered managed investment scheme operator Chris Marco has been sentenced after being found guilty of 43 fraud charges, receiving the highest sentence imposed by an Australian court regarding an ASIC criminal investigation.
ASIC has cancelled the AFSL of Sydney-based Arrumar Private after it failed to comply with the conditions of its licence.
Two investment advisory research houses have announced a merger to form a combined entity under the name Delta Portfolios.
The top five licensees are demonstrating a “strong recovery” from losses in the first half of the year, and the gap is narrowing between their respective adviser numbers.

