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Showing 1 - 10 of 10 results for "HHY"

WAM pushes for HHY closure

KARREN VERGARA  |  TUESDAY, 9 OCT 2018
Wilson Asset Management wants to shutter the underperforming Hastings High Yield Fund (HHY) amid the controversy surrounding Aurora Funds Management, which acts as its responsible entity. WAM is setting in motion a general meeting to urge HHY shareholders ...

Aurora CFO terminated as $1m vanishes from listed trust

ALEX BURKE  |  MONDAY, 27 NOV 2017
... WAM called for an extraordinary general meeting to remove Aurora as the responsible entity (RE) for the Hastings High Yield (HHY) Fund. Aurora remains the RE and has since made a takeover bid for all of HHY's ordinary units such that they would be merged ...

WAM enters the fray for Molopo takeover

ALEX BURKE  |  THURSDAY, 9 NOV 2017
... WAM called for an extraordinary general meeting to remove Aurora as the responsible entity (RE) for the Hastings High Yield (HHY) Fund. Aurora remains the RE and has since made a takeover bid for all of HHY's ordinary units such that they would be merged ...

Aurora finalises Hastings takeover bid

ALEX BURKE  |  MONDAY, 23 OCT 2017
Aurora Funds Management finalised its takeover bid for all ordinary units in the Hastings High Yield (HHY) Fund. Acting as the responsible entity for both the Aurora Global Income Trust (AIB) and HHY, Aurora closed the takeover bid on October 13. The ...

Aurora pushes for Hastings takeover

ALEX BURKE  |  MONDAY, 17 JUL 2017
Aurora Funds Management is extending its takeover bid for all ordinary units in the Hastings High Yield (HHY) Fund. Unitholders will now have until September 29 to consider Aurora's offer. Aurora originally made the bid in November 2016, telling unitholders ...

Fund manager appoints new COO

ALEX BURKE  |  THURSDAY, 27 APR 2017
... Aurora's capabilities." Aurora currently acts as either investment manager or responsible entity (or both) for the ASX-listed HHY Fund, Aurora Global Income Trust, Aurora Property Buy-Write Income Trust, Aurora Absolute Return Fund and Aurora Dividend ...

Keybridge chair resigns as Wilson calls for Hastings fund overhaul

ALEX BURKE  |  WEDNESDAY, 10 AUG 2016
Keybridge Capital's chair has resigned at the same time Wilson Asset Management has called for the Keybridge-managed HHY Fund to get a new responsible entity. Bill Brown was an independent non-executive director on Keybridge's board since 2012. He was ...

Wilson explains Aurora fund wind-up proposal

ALEX BURKE  |  THURSDAY, 4 AUG 2016
Wilson Asset Management has outlined to unitholders why the HHY fund, managed by Keybridge Capital, should be shut down. Arguing that the "expertise to manage the HHY portfolio promoted to unitholders is no longer at Keybridge," Wilson's letter referred ...

Wilson submits request to shut down Aurora fund

ALEX BURKE  |  WEDNESDAY, 3 AUG 2016
... for an extraordinary general meeting to wind up an Aurora Funds Management fund. Aurora is the responsible entity for the HHY Fund, which is designed to give investors exposure to loans and hybrid securities issued by Australian entities and entities ...

Keybridge exits funds management business

ALEX BURKE  |  TUESDAY, 28 JUN 2016
... Absolute Return Fund, Aurora Dividend Income Trust, Aurora Global Income Trust, Aurora Property Buy-Write Income Trust and HHY Fund. In a statement, Keybridge said "it is contemplated" that it would be appointed the investment manager for the HHY fund. ...
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