van Eyk sale process begins


van Eyk's administrator is seeking expressions of interest for the research group's assets, including its portfolio construction product, iRate.
The call comes two days after the research group went into voluntary administration.
Administrator Trent Hancock, of Moore Stephens Sydney Corporate Recovery Group, hopes opening the business to potential offers will be the best pathway for high investment returns for creditors.
"The core business and assets of van Eyk Research remain valuable and highly regarded, to the extent that we have fielded a large number of informal expressions of interest through the course of this week," he said.
It will be accepting expressions of interest up until 23 September.
Recommended for you
Fund managers may be operating in a squeezed environment, but a salary guide shows they are willing to pay up for specialist talent to diversify their fund range.
Reach Alternative Investments has entered into a strategic partnership with Russell Investments to bolster its wholesale private markets offering for financial advisers and investors.
Boutique investment consulting and research house Genium Investment Partners has announced a senior appointment to drive further growth in its research ratings business.
Nuveen has appointed a global head of estate, a successor to Chris McGibbon who steps down after almost 25 years.