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Showing 71 - 80 of 225 results for "listed investment company"

Former UBS Wealth boss joins LIC board

KANIKA SOOD  |  FRIDAY, 22 JUN 2018
... Management Australia chief executive to its board. Elizabeth Lewin will be a non-executive director on the listed investment company's board (ASX:ARG), starting 1 July 2018. She has over 25 years of experience including international stints in wealth ...

Boutique asset managers co-appoint distribution head

KANIKA SOOD  |  THURSDAY, 21 JUN 2018
... distribution for the Australian market. Katana Asset Management has about $60 million split between a listed investment company and an unlisted unit trust, while Insync Funds Management has about $30 million. Damen Purcell has joined as the distribution ...

Contango to launch global active ETF

ALEX BURKE  |  FRIDAY, 15 JUN 2018
... Management - which CGA acquired in March - to distribute the strategy by the aforementioned ETF as well as a listed investment company and a retail managed fund. CGA chief executive Marty Switzer explained that the new partnership reflects his company's ...

WAM CIO steps down from LIC board

ALEX BURKE  |  WEDNESDAY, 30 MAY 2018
... 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 S&P/ASX 300. WAM was appointed as ...

Perennial cuts fees for defensive LIC, revises investment strategy

ALEX BURKE  |  TUESDAY, 22 MAY 2018
Perennial has reduced management fees for its defensive listed investment company as part of a revision of the overall investment strategy. Management fees for the Wealth Defender Equities LIC will be cut from 0.98% to 0.8%. This follows the LIC's ...

Argo chairman retires

HARRISON WORLEY  |  FRIDAY, 18 MAY 2018
... Argo Investments after a 14 year direct association with the firm. He served as inaugural chair of the listed investment company, leading it through an initial public offering, which at the time was the largest IPO of its kind for a LIC. Appointed as ...

Activist LIC appoints new director

HARRISON WORLEY  |  MONDAY, 14 MAY 2018
An activist listed investment company has appointed a former Merrill Lynch and Goldman Sachs investment banker to its board. Melinda Snowden has joined the board of ASX-listed Sandon Capital Investments as an independent non-executive director. Snowden ...

Contango LIC slashes cash allocation after acquisition

KANIKA SOOD  |  THURSDAY, 10 MAY 2018
... tangible assets fully invested. For the past 12 to 18 months, the $100 million Contango Income Generator listed investment company (CIE) held about 15% in cash. The move comes at the tails of Contango Asset Management's March 21 acquisition of Switzer ...

Perpetual director joins ING board

KARREN VERGARA  |  MONDAY, 7 MAY 2018
A Perpetual non-executive director and the chair of its listed investment company has joined the board of ING Australia. Nancy Fox has served as a non-executive director at Perpetual since September 2015. She was appointed chair of Perpetual's first ...

New CEO to join MQA after restructure

ALEX BURKE  |  MONDAY, 23 APR 2018
... "pursue an internalisation of MQA management." After that, Macquarie sold down its remaining stake in the listed investment company via a bookbuild to a number of institutional investors. Both parties have now come to an agreement regarding the terms ...