ASIC Appoints Liquidators to First Guardian Master Fund

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

The Australian Securities and Investments Commission (ASIC) has achieved a significant legal milestone with the Federal Court's decision to appoint liquidators to First Guardian Master Fund.

Ross Blakeley and Paul Harland from FTI Consulting have been entrusted with this responsibility.

The court has mandated that they oversee the liquidation of both Falcon Capital and the First Guardian Master Trust, alongside associated unregistered subsidiary funds.

ASIC pursued the liquidators' appointment due to concerns regarding the management practices at Falcon and the potential investor risks linked to First Guardian. Additionally, Paul Allen from PKF Melbourne has been appointed to act as receiver over the assets of David Anderson, a director at Falcon.

This initiative is part of ASIC's ongoing efforts to secure investor interests, following asset freezing measures targeting Falcon, First Guardian, and Mr Anderson in February 2025. These measures are meant to provide immediate protection to investors as ASIC continues its broader investigation.

This development is crucial for stakeholders within Australia's financial services sector, especially investors tied to Falcon and First Guardian. The implementation of liquidators ensures that the assets will be managed and potentially returned in an orderly manner, offering some recourse to those affected by potential mismanagement.

Moreover, this reinforces ASIC's role in safeguarding investor funds and maintaining integrity within the Australian financial system. By taking decisive legal action, ASIC underscores its commitment to addressing regulatory breaches and securing financial markets.

As liquidators begin their work, stakeholders are advised to stay informed about potential announcements regarding the asset distribution timeline. Investors should consult with their financial advisors to understand how these proceedings might impact their investments.

Future developments will likely emerge from ASIC's extended investigation into the conduct of Falcon and First Guardian. Results of these probes could prompt further regulatory actions, setting important precedents for oversight and accountability within the financial sector.

Published:Friday, 11th Apr 2025
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Finance News

MotorCycle Holdings Achieves Record Sales in FY2025

02 Dec 2025: Paige Estritori

MotorCycle Holdings Limited (MCH), a prominent player in the Australian motorcycle retail and wholesale sector, has announced a record-breaking sales revenue of $650 million for the fiscal year 2025. This figure represents an 11.6% increase compared to the previous year, underscoring the company's robust growth trajectory in a competitive market. - read more

RAA Highlights Alarming Rise in Serious Motorcycle Crashes

02 Dec 2025: Paige Estritori

The Royal Automobile Association (RAA) has raised concerns following a significant 58% increase in serious motorcycle crashes in South Australia over a five-year period. Between 2019 and 2023, the state recorded 966 serious motorcycle crashes, up from 611 in the preceding five years. - read more

Stark Future Accelerates Growth with €100 Million Investment

02 Dec 2025: Paige Estritori

Spanish electric motorcycle manufacturer Stark Future has successfully completed a new investment round, raising over €100 million to support its ambitious growth plans and model range expansion. This funding round was notably swift, closing within a few weeks, and was predominantly backed by existing shareholders. Additionally, a select group of new high-profile investors from the MotoGP community, including current riders and a former World Champion, participated in this round. - read more

Ducati's 2024 Financial Performance: €1 Billion Revenue and 9.1% Profit Margin

24 Nov 2025: Paige Estritori

In 2024, Ducati demonstrated remarkable financial resilience by recording revenues exceeding €1 billion for the third consecutive year, achieving a total of €1.003 billion. This performance underscores the company's robust position in the global motorcycle market, despite facing a competitive and challenging economic environment. - read more

Click for more Finance News

Bike Loans Articles

Avoiding Credit Pitfalls: A Motorcyclist's Guide to Smart Bike Loans

For many, experiencing the allure of the open road on two wheels isn't just about the destination; it's about the journey itself. Motorcycling represents freedom, a sense of adventure, and an expression of personal style. However, as with any significant purchase, it's crucial to approach the financing of your dream bike with as much enthusiasm as you do when selecting the make and model. - read more

Securing a Bike Loan in Australia: The Essential Document Checklist

Finding the freedom to explore the open roads atop a new motorcycle can be an exhilarating prospect. However, before you rev up those engines, understanding the financial gateway to securing a bike loan in Australia is essential. Preparation with the right documents can streamline your application process, setting you on the path to hassle-free approval. - read more

Navigating Aussie Weather: Motorcycle Maintenance for Every Season

The importance of motorcycle maintenance cannot be understated, especially when faced with the unique and shifting weather conditions that span our vast continent. From the scorching heat of the Outback to the wet and windy coastline, traversing Australia on two wheels requires your machine to be as adaptable as you are. - read more

The Pros and Cons of Owning a Sport Motorbike as an Aussie Female Rider

When it comes to motorcycles, there are many different types to choose from. One type that has gained popularity among Australian female riders is the sport motorbike. In this article, we will explore what a sport motorbike is, why some female riders prefer them, and weigh the pros and cons of owning one. - read more

Start Here

Knowledgebase

Second Mortgage:
A type of subordinate mortgage made while an original mortgage is still in effect.

This website is owned and operated by Clark Family Pty Ltd (ACN 010 281 008) as Trustee for the Clark Family Trust (ABN 35 957 893 714), 43 Larch Street Tallebudgera QLD 4228. Clark Family Pty Ltd is an Authorised Representative (AR 1298860) of Unique Group Broker Services Pty Ltd (AFSL 509434) for financial product referrals and an Authorised Credit Representative (ACR 401491) of Saccasan Pty Ltd (ACL 386297). Check our licensing details on the ASIC registers: Clark Family Pty Ltd ACR, Clark Family Pty Ltd AR, Saccasan Pty Ltd, Unique Group Broker Services.

IMPORTANT: We do not provide financial product advice or credit assistance. We act solely as an introducer and refer enquiries to licensed third-party intermediaries, insurers, and lenders - with whom you can then deal directly. We may receive a fee or commission from these third parties in consideration for the referral. Before any action is taken to obtain a product or service referred to by this website, advice should be obtained (from either the third party to whom we refer you or from another qualified intermediary) as to the appropriateness of obtaining those products having regard to your objectives, financial situation and needs. Whilst we have our own process for validating the legitimacy of our referral partners, you should always verify the credentials of your financial adviser before proceeding with recommendations that they may present. Visit the ASIC website for further information.

ASIC Appoints Liquidators to First Guardian Master Fund

ASIC Appoints Liquidators to First Guardian Master Fund

Share this news item:

Find Your Bike Loan Here.