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Multiple actions connected to Shield Master Fund taken by ASIC

Australian $50, $20, $10 and $5 banknotes and dollar coins on display.
Photo: Roni Bintang/Getty Images

Martina Lindberg

5 min read
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Actions against eight parties relating to the failure of the Shield fund were taken during week 35.

ASIC has continued taking action against parties involved in its ongoing investigation into the Shield Master Fund, an enforcement saga we have covered extensively during the past two years.

Shield Master Fund

The Shield Master Fund is a managed investment scheme, with Keystone Asset Management Ltd (now in liquidation) the

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