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Showing 1 - 10 of 21 results for "Asian Opportunities Fund"

abrdn sells local trustee business

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
... funds. The fund book, comprising $1.5 billion in funds under management, includes the abrdn Sustainable Asian Opportunities Fund, abrdn Sustainable Emerging Opportunities Fund, abrdn International Equity Fund, abrdn Sustainable International Equities ...

WAM ups PAF takeover bid

KARREN VERGARA  |  WEDNESDAY, 12 JAN 2022
... strategy, which the latter flags it will accept. WAM said the $1.149 per share offer for every PM Capital Asian Opportunities Fund (PAF) share is "compelling" and represents a 3.5% premium to the January 11 closing price. It initially offered to pay ...

Takeovers Panel weighs in on WAM takeover

KARREN VERGARA  |  THURSDAY, 9 DEC 2021
... urging shareholders to allow its PM Capital Global Opportunities Fund (PGF) to take over the PM Capital Asian Opportunities Fund (PAF). Meanwhile, WAM has made a counteroffer for PAF, which PM Capital wants shareholders to reject. WAM founder Geoff Wilson ...

PM Capital forges ahead with LIC merger

KARREN VERGARA  |  FRIDAY, 5 NOV 2021
... urging shareholders to allow its PM Capital Global Opportunities Fund (PGF) to take over the PM Capital Asian Opportunities Fund (PAF). This follows a Federal Court order that states PAF should convene and hold a meeting with its shareholders to allow ...

WAM looks to acquire Asian equities LIC

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... investment company that has a concentrated portfolio of listed Asian equities. WAM has its eye on PM Capital Asian Opportunities Fund (PAF), offering to pay $1.147 per PAF share. The proposed takeover bid is subject to several conditions. WAM wants PAF's ...

PM Capital LICs add director

JAMIE WILLIAMSON  |  FRIDAY, 5 JUL 2019
... investment companies. Chris Knoblanche has joined the boards of PM Capital's Global Opportunities Fund and Asian Opportunities Fund as a non-executive director, with a view to being named chair of the former. He will also serve on the nominations and ...

Beer tap runs dry for $2 billion manager

KANIKA SOOD  |  WEDNESDAY, 18 APR 2018
... disappointments," Moore said of expensive valuations. PM Capital runs a global opportunities fund and an Asian opportunities fund. In the last quarter, it cut its positions in Macau's gaming companies and closed short positions on American REITs while ...

PM Capital LIC director resigns

JAMIE WILLIAMSON  |  FRIDAY, 21 OCT 2016
A director of the PM Capital Asian Opportunities Fund has stood down. Andrew Reeve-Parker tendered his resignation from the ASX-listed fund, effective from the listed company's annual general meeting today. Reeve-Parker has been with PM Capital Asian ...

Asia: Between fortune and fate

LAURA MILLAN  |  WEDNESDAY, 26 AUG 2015
... I would not recommend a single country fund, because it is exposed to too sharp changes." Aberdeen's Asian Opportunities Fund, for example, has exposure to eleven countries, including Hong Kong (23.6%), Singapore (21.7%), India (13.7%), South Korea (7.5%) ...

Platinum to launch Asia LIC

STAFF WRITER  |  FRIDAY, 12 JUN 2015
... statement. Over the last months, a number of fund managers have launched LICs. In 2014, PM Capital listed its Asian Opportunities Fund on the ASX; with other managers such as Perennial, Blue Sky or Perpetual listing some of their funds in the following ...
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