Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 111 - 120 of 242 results for "Listed investment company"

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 ...

Australian investment firm opens London office

EMMA RAPAPORT  |  FRIDAY, 25 AUG 2017
... management, offering a variety of products including its flagship global long/short strategy as an Australian listed investment company and an Ireland-domiciled UCITS fund. Commenting on the firm's two-year anniversary, chief investment officer Jacob ...

Aussie hedge fund seeking $300m for retail IPO

ALEX BURKE  |  THURSDAY, 20 JUL 2017
... manager with offices in Sydney and New York is looking to diversify its investor base with the launch of a listed investment company. VGI Partners is looking to raise $300 million, with a possible further $100 million in oversubscriptions, for VGI Partners ...

Clime acquires equities boutique for $3.6m

ALEX BURKE  |  MONDAY, 17 JUL 2017
... will purchase CBG Asset Management, which has $130 million in assets across three mandates including a listed investment company, for $3.6 million. This comprises $3.2 million on completion of the acquisition, plus $375,000 12 months from that date ...