Research consultancy van Eyk has gone into voluntary administration, weeks after the closure of its four Blueprint funds.
The group has appointed Trent Hancock of Moore Stephens Sydney Corporate Recovery Group as voluntary administrator.
Hancock said the closure of the Blueprint funds created short term financial challenges due to the structure of parent company, van Eyk research.
Chief Executive Officer of Van Eyk Research Pty Ltd, Mark Thomas said: “It is regrettable that we have had to initiate this course of action but it is necessary under our current corporate structure. We will work actively and constructively with the Administrator and all our stakeholders to facilitate a more sustainable corporate platform to…