EQT Holdings Limited (Equity Trustees) today announced a number of management changes as part of its ongoing restructure and initiatives to streamline operations, improve efficiency and reposition the business for growth.

Four members of the Corporate Trustees Services (CTS) team at Equity Trustees have been promoted into more senior roles after an outstanding year for Australia’s largest responsible entity (RE) service provider.

Equity Trustees congratulates dairy farmers, Duncan Macdonald from Tasmania, and Daniel Meade, from Victoria, who were awarded the 2016 Nuffield Australia Farming Scholarships last night.

Equity Trustees has been appointed responsible entity (RE) to MHOR Asset Management, a new fund manager with ambitions to grow and ultimately list in Australia.

Further to the ASX announcement released yesterday entitled '2016 Full Year Results Announcement & Presentation' minor changes and additional information has been included in the presentation's slides numbered 7, 11, 12 and 13.

Annual Financial Report for the financial year ended 30 June 2016.

Equity Trustees has restructured its granting program to direct more than $10m of annual discretionary charitable giving into five key areas.

Independent trustee companies are in a unique position to provide both a systemic protection against financial elder abuse, as well as having the ability to channel philanthropic funds into programs to address the broader issue, according to Mick O’Brien, Managing Director of leading Australian trustee company, Equity Trustees.

EQT Holdings Limited (EQT) today announced the appointment of Mr D Glenn Sedgwick as an Independent,
Non-Executive Director of EQT effective 8 August 2016.  

Avoiding real or perceived conflicts of interest between managers of funds and unitholders is critical to maintaining the integrity of Australia’s wealth management industry. The appointment of independent responsible entities in that framework is an obvious solution to protect investors’ interests.

The first client to sign on to the new Attribution Managed Investment Trusts (AMITs) regime has wasted no time in grasping the opportunity the new regime presents; greater product flexibility coupled with a more competitive position for the fund to compete internationally, and far greater access to Asian markets.