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Showing 101 - 110 of 490 results for "IPO"

IPOs fewer but performing well

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
Fewer companies sought to list on the ASX in the first half of the year but IPO investors were rewarded well on the listing day, according to HLB Mann Judd's biannual IPO report. Only 23 companies listed in the six months to June, raising $823 million. ...

Sovereign investors go back to fixed income

KANIKA SOOD  |  TUESDAY, 9 JUL 2019
... was on venture and growth capital financing rounds in technology and health companies as the public markets offered up fewer IPO and other opportunities. Australia's $150 billion Future Fund backed a California-based tech startup last month. APAC sovereign ...

Spitfire acquires adviser platform, names chief

ELIZABETH MCARTHUR, KARREN VERGARA  |  MONDAY, 3 JUN 2019
... provides numerous benefits including access to multi-asset classes and best of breed reporting," he said. Spitfire is planning an IPO in the fourth quarter of 2019 and this acquisition supports its ambition to boost distribution capability, Spitfire ...

Wealth firm backs new Perennial fund

KANIKA SOOD  |  THURSDAY, 30 MAY 2019
... recent years we have begun to also deliver impressive returns in the under-researched and difficult to access sector of pre-IPO opportunities/unlisted growth companies - hence our desire to establish this new fund." Perennial Value managing director ...

VGI Partners' dual pitch to investors

KANIKA SOOD  |  WEDNESDAY, 15 MAY 2019
... said. The entitlement offer is priced at $2.34 which is the same as April 30 NTA and a 4.9% discount to May 7 close. Manager IPO VGI Partners was set up by former Caledonia Investments portfolio manager Robert Luciano in 2009. The company manages about ...

Beware disruptors: Antipodes

ELIZABETH MCARTHUR  |  FRIDAY, 3 MAY 2019
... to try to see through the hype to understand what these businesses are really worth, she said. For example, Uber's recent IPO prospectus showed that it currently runs at a loss and will continue to do so for the foreseeable future. In the prospectus ...

Powerwrap makes a move on IPO

KANIKA SOOD  |  FRIDAY, 5 APR 2019
... Powerwrap is set to list on the stock exchange with a $73 million market cap after securing $15 million in commitments during its IPO. The offer was priced at 35 cents a share for 205 million shares. The 10-year-old platform has been privately owned ...

Why this HNW adviser avoids hedge funds

KANIKA SOOD  |  TUESDAY, 5 MAR 2019
... advises on more than half of the firm's $2.2 billion in funds under advice. His firm backed the L1 long-short fund $1.3 billion IPO last year. He invests in absolute return funds but he won't go near pure hedge funds. "Maybe it is just me not understanding ...

Magellan eyes retirement income products

KARREN VERGARA  |  FRIDAY, 15 FEB 2019
... drop from $1.9 billion from the previous corresponding period. However, this included proceeds from the Magellan Global Trust IPO of $1.57 billion. Cairns said he's seeing demand from advisers for Magellan's global listed infrastructure strategy - which ...

IPO activity to slow down

KANIKA SOOD  |  THURSDAY, 31 JAN 2019
IPO activity in the coming six months could slow down after 2018's floats disappointed with their share prices at year end, according to HLB Mann Judd. Initial Public Offerings raised $8.4 billion in 2018 - more than double of the capital raised ...