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
Licensee Centrepoint Alliance has completed the acquisition of Brighter Super’s annual review service advice book, via Financial Advice Matters.
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
