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Showing 71 - 80 of 132 results for "WAM"

WDE board pushes for takeover

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
Wealth Defender Equities is urging its shareholders to accept WAM Capital's takeover bid. WDE non-executive directors, comprising Paul Clitheroe, Richard Morath and chair Alan Schoenheimer, said they have carefully considered the offer and recommended ...

Make sure you have cash: Geoff Wilson

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
Veteran investor Geoff Wilson says a bear market is inevitable and investors should check their cash holdings. WAM Capital is currently holding 29.2% in cash, WAM Leaders 14.6% and WAM Microcap 21.9%, the manager said in a conference call for media ...

Zenith introduces shareholder voting advice

KARREN VERGARA  |  TUESDAY, 18 SEP 2018
... decision will be best for individual clients once the voting results are formalised," Zenith said. A case in point is the recent WAM Capital bid for Wealth Defender Equities. WAM's 84-page bidder's statement is a document advisers need to absorb and ...

Big-spending retirees live in Melbourne: Research

KARREN VERGARA  |  TUESDAY, 18 SEP 2018
Melbourne's surrounding suburbs are home to Australia's highest spending retirees, Milliman analysis shows. Retirees living in the wealthy enclaves of Armadale, Prahran, Windsor, South Yarra East and Toorak or Stonnington West spend $56,711 per year ...

WAM Capital commences LIC takeover bid

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
WAM Capital has opened a month-long offer to shareholders of a LIC that it wants to take over, with bidder's statements distributed yesterday. Last month WAM Capital said it would attempt to take over a listed invested Wealth Defender Equities (WDE) ...

Firetrail to launch $305m IPO

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
... LIC IPOs so far this year have included: L1 Capital's $1.3 billion IPO, Wilson Asset Management's $466 million for WAM Global. Brisbane-based Gryphon Capital Investment's Gryphon Capital Income Trust's $175 million, Tribeca's $250 ...

The changing face of SMSFs

JAMIE WILLIAMSON  |  MONDAY, 10 SEP 2018
... particularly offshore. Between January 2018 and June 2018, the value of LIC and LIT trades executed by SMSFs rose from 23% to 26%. WAM Capital, Argo Investments, Magellan Global Trust and MCP Master Income are among the top LICs and LITs, with trades ...

WAM Capital announces LIC takeover bid

KARREN VERGARA  |  FRIDAY, 31 AUG 2018
WAM Capital is attempting to takeover a listed investment company managed by Perennial that it says has consistently "underperformed" since inception. WAM Capital made a conditional off-market takeover bid for Wealth Defender Equities Limited (ASX ...

Aussie IPO launches at decade high

KANIKA SOOD  |  FRIDAY, 15 JUN 2018
... billion) for Aussie IPOs. Prominent IPOs so far this year include the billion-dollar L1 long short fund, the $249 million WAM Global (listing on June 19) and the $175 million Gryphon Capital Income Trust. The IPO activity data was released as a part ...

WAM CIO steps down from LIC board

ALEX BURKE  |  WEDNESDAY, 30 MAY 2018
The chief investment officer at Wilson Asset Management is stepping down from his role as a non-executive director of a WAM-managed listed investment company. Chris Stott retired from the board of Century Australia Investments, which invests in the ...