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
A salary guide has unpacked the salaries earned in various asset classes, with managing directors in one space earning north of $500,000.
MA Financial Group has announced it has secured commitments of $171 million for its latest MA Credit Income Trust, with expectations to raise $300 million by its March listing.
The investment manager has hired a new business development manager following the appointment of its Australian managing director last November.
New research has revealed which fund manager is the most recommended by financial advisers to their clients, as well as the most preferred research houses.