AUG augusta capital limited

Ann: GENERAL: AUG: Augusta Obtains Financial Markets Conduct Act Licence

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    • Release Date: 02/02/16 09:25
    • Summary: GENERAL: AUG: Augusta Obtains Financial Markets Conduct Act Licence
    • Price Sensitive: No
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    					AUG
    02/02/2016 09:25
    GENERAL
    NOT PRICE SENSITIVE
    REL: 0925 HRS Augusta Capital Limited
    
    GENERAL: AUG: Augusta Obtains Financial Markets Conduct Act Licence
    
    Augusta Capital is pleased to announce that its wholly owned subsidiary,
    Augusta Funds Management Limited, has been licensed under the Financial
    Markets Conduct Act 2013 as a manager of Other Managed Investment Schemes;
    which are invested in Property Syndicates/Real Property Proportionate
    Ownership Schemes, and Managed Investment Schemes - Managed Funds; where the
    Managed Funds are invested solely in real property (listed and unlisted).
    
    As a result, all future offerings of managed investment schemes from Augusta
    Funds Management will be offered under the Financial Markets Conduct Act and
    a number of existing schemes will transition to compliance with the Financial
    Markets Conduct Act prior to 1 December 2016.
    
    -ENDS-
    
    For further information please contact:
    
    Mark Francis
    Managing Director
    End CA:00277104 For:AUG    Type:GENERAL    Time:2016-02-02 09:25:16
    				
 
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