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Avalon Funds Management News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Qld company penalised for false AUM representation

A Queensland company falsely representing that it managed $6.9 billion for investors and was affiliated with the Financial Services Council has been penalised for false and misleading statements.

Financial services councilProperty council australiaAustralian investment councilCapital ptyPenta capitalAustralian investmentPenta asset managementAvalon funds managementFunds management

Penta Capital fined for fabricated FUM

ASIC has fined a firm for making several false statements that included claims it managed nearly $7 billion in assets when it does not.

Property council australiaAustralian investment councilFinancial services councilPenta capitalAustralian investmentPenta asset managementAvalon funds managementFunds management

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