ASIC takes Macquarie to court over van Eyk fund
The corporate regulator has commenced proceedings in the NSW Supreme Court against Macquarie Investment Management over its role as the responsible entity of the now-closed van Eyk Blueprint International Shares Fund.
The van Eyk Blueprint International Shares Fund (VBI Fund) made investments of $30 million in 2012 into the Cayman Islands-based Artefact Partners Global Opportunities Fund.
The VBI Fund was one of a series of funds of which van Eyk Research was the investment manager, and Macquarie Investment Management Limited (MIML) was the responsible entity. Van Eyk Research is now in liquidation.
Read the full story at InvestorDaily.