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Showing 91 - 100 of 225 results for "listed investment company"

Clime IM appoints private wealth head from Suncorp

ALEX BURKE  |  TUESDAY, 23 JAN 2018
... individually managed accounts ($396 million), followed by managed funds and mandates ($132 million) and listed investment company Clime Capital ($284 million). In 2017, Clime purchased $130 million Australian equities boutique CBG Asset Management for ...

Macquarie sells remaining stake in Atlas Roads for $456m

ALEX BURKE  |  FRIDAY, 15 DEC 2017
... management functions following shareholder pressure, Macquarie has sold down its remaining stake in the listed investment company. Via a bookbuild, Macquarie sold 76 million shares in MQA for $6 per share. Macquarie had already sold 53 million shares ...

Platinum sells $24m Asia stake

ALEX BURKE  |  THURSDAY, 14 DEC 2017
Platinum Investment Management is selling $24 million worth of shares in its Asia listed investment company, the underlying strategy of which was recently rated as one of the top-performing funds of its ilk by Morningstar. Platinum Asia Investments ...

Corporate governance LIC slashes fees, appoints portfolio manager

ALEX BURKE  |  WEDNESDAY, 6 DEC 2017
An ASX-listed investment company focusing on ASX 100 companies ranked by corporate governance standards has negotiated a significant reduction in its total expense ratio and appointed a portfolio manager from Evans Dixon. Australian Governance Masters ...

Watermark hires global equities lead

KARREN VERGARA  |  THURSDAY, 16 NOV 2017
... management. In May, the company undertook an on-market, one-for-one buy-back for its global market neutral listed investment company, Watermark Global Leaders Fund (WGF), after announcing disappointing performance in 2016. In an investor update, Watermark ...

Perennial makes two senior equities appointments

ALEX BURKE  |  FRIDAY, 10 NOV 2017
... exactly what Perennial Value is doing with its new product." This news follows the Perennial-managed listed investment company, Wealth Defender Equities (WDE), which specializes in managing downside risk in Australian equities, increasing its allocation ...

Perennial LIC extends investment mandate

ALEX BURKE  |  FRIDAY, 10 NOV 2017
A Perennial-managed listed investment company specialising in managing downside risk in Australian equities has amended its investment guidelines. Following the board's approval, Wealth Defender Equities (WDE) can now up its allocation to small cap ...

Platinum LIC reaps Asia rewards

ALEX BURKE  |  TUESDAY, 19 SEP 2017
The Platinum Asia Investments listed investment company saw strong investment gains of 20.21% in the 12 months to June 30. The performance, measured in pre-tax net tangible assets growth, was nonetheless slightly lower than the return delivered by the ...

AFIC chief to depart, successor named

ALEX BURKE  |  FRIDAY, 15 SEP 2017
The managing director and chief executive of Australia's oldest listed investment company, the Australian Foundation Investment Company, will step down from his role in December. Ross Barker has served as AFIC's chief executive since 2001; he took on ...

HHV reports $22m loss after rough year

ALEX BURKE  |  WEDNESDAY, 30 AUG 2017
The recently-restructured Hunter Hall Global Value listed investment company reported a net loss of $22 million for the 2017 financial year, but chair David Groves says its new investment strategy has no relevance to past performance. After tax, net ...