Blue Sky’s director departs

BAF/blue-sky/resignation/departure/blue-sky-alternative-investments/Alternatives/Wilson-Asset-Management/WAM/tim-wilson/

14 January 2019
| By Oksana Patron |
image
image
expand image

The Blue Sky Alternatives Access Fund (BAF) board has advised that Andrew Champion has resigned from his executive position on the board of Blue Sky Alternative Access Fund (BAF) and his role as a director of the manager.

The BAF board is currently working toward resolving the future of the Alternatives Fund’s management arrangements and is in talks with Wilson Asset Management (WAM) to review its proposal, including making assessment of WAM’s resources, processes and supporting documentation associated with the proposal.

The BAF’s board said it intends to put the WAM management proposal to an extraordinary general meeting in early 2019.

Champion’s resignation would leave the firm with two directors, Kim Morison and Tim Wilson.

Blue Sky is now actively searching for Champion’s replacement, it said.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

1 month 4 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

3 weeks 3 days ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 2 days ago

The Federal Court has made interim orders to freeze the assets of a managed investment scheme, its responsible entity, and a director....

1 month ago

TOP PERFORMING FUNDS