Vasco Corporate Trustee announces new appointments
Corporate trustee and fund services provider, Vasco Investment Managers has announced its recent appointments as responsible entity and fund administrator of three retail funds as well as new appointment as trustee and fund administrator of four wholesale funds.
The new responsible entity (RE) appointments included Calfer Property Fund, an owner of a country motel portfolio, development fund Aquila Property Fund and port infrastructure investor ICAM Duxton Infrastructure Retail Fund.
The trustee and fund administration appointments included:
- Freedom Income Fund
- Hillcrest Property Debt Fund
- ICFM Development Fund
- Queen Street Development Fund
Vacso’s managing director, Craig Dunstan, said: “We continue to see substantial interest in firms wanting to set up investment funds across a broad range of asset classes.
“Debt based funds continue to be popular in the current low interest rate environment whilst we are also seeing funds focussed on infrastructure, hotels and alternative investment strategies.”
AUTHOR
Oksana Patron
Recommended for you
BlackRock has revealed that its iShares bitcoin ETF suite has now become the firm’s most profitable product line following the launch of its Australian bitcoin ETF last month.
Betashares has expanded its fixed income range with the launch of its Australian credit income ETF, offering income-focused investors an alternative to direct hybrids.
Fidelity International has rebranded its Global Demographics fund following an internal review to align the fund with a low-cost, research investment approach as well as reduced its management fee.
Royal London Asset Management has launched four global funds in Australia with Equity Trustees as its responsible entity as the fund manager builds “solid foundations” here.
