Trent Hancock of Moore Stephens Sydney Corporate Recovery Group, as voluntary administrator to van Eyk Research Pty Ltd, today announced that expressions of interest are being sought for the purchase of the business and its associated assets.
van Eyk Research is a provider of investment research to the Australian and New Zealand market. iRate, its core research and portfolio construction solution, underpins van Eyk’s subscription-based model. iRate is a research solution with access to ratings and performance reports on over 15,000 investment products.
READ MORE: Industry assesses effect of van Eyk administration
Trent Hancock said: “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. Opening this process up formally will enable us to pursue the best returns for creditors.”
Expressions of interest will be accepted until close of business on Tuesday 23 September 2014.
About van Eyk
van Eyk Research is an independently-owned provider of investment research and investment management solutions to the Australian and New Zealand market.
The group’s core research and portfolio construction solution, iRate, underpins its subscription-based model.
van Eyk does not charge fund managers to be rated; instead, van Eyk selectively invites quality fund managers to be reviewed and rated. This ensures research and recommendations are objective and unbiased, and investors and advisers remain the ultimate client.
iRate is one of the most comprehensive research solutions on the market with access to ratings and performance reports on over 15,000 investment products. Subscribers also have unique access to van Eyk’s portfolio recommendations as well as insightful analysis on the latest market trends.
Over 3,500 financial advisers and investment professionals depend on van Eyk Research’s flagship research and portfolio construction tool iRate.