Oceanic Asset Management

EY partner Vince Smith has been appointed liquidator of six funds management companies associated with the late David Jones, following a successful court application by the Australian Securities and Investments Commission.

Perth-based Oceanic Asset Management Pty Ltd has withdrawn the prospectus for its planned uranium fund, which was aiming to raise up to $50 million, and plans to launch an 'energy' fund instead.

Perth-based fund manager Oceanic Asset Management broke new ground when it established its first investment fund in 2005, and it plans to do the same when it launches Australia's first specialist uranium fund this year.

Oceanic Asset Management Pty Ltd increased its relevant interest from 42,178,685 ordinary shares (8.4%) to 44,320,377 ordinary shares (8.8%).

Oceanic Asset Management Pty Ltd increased its relevant interest from 38,070,465 ordinary shares (7.61%) to 42,178,685 ordinary shares (8.4%).

Oceanic Asset Management Pty Ltd decreased its relevant interest from 7,463,000 ordinary shares (19.2%) to 3,800,000 ordinary shares (8.65%).