The tabling of the Attribution Management Investment Trust Bill (AMIT) in parliament today is to be welcomed as a significant step to help Australian funds compete internationally, says Harvey Kalman, Executive General Manager Corporate Trustee Services, with Equity Trustees.            

“Changes to the managed investment trust regime are without question positive but the issues hindering the competitive distribution of local trusts globally still need to be addressed,” Mr Kalman said.

Read the full Media Release here.