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Showing 111 - 120 of 516 results for "Public Offer"

Boutique manager to launch LIC

KANIKA SOOD  |  MONDAY, 3 SEP 2018
... last three years. Tribeca Investment Partners is aiming to raise up to $250 million for its new LIC in an initial public offer that opened today. Tribeca Global Natural Resources will aim to deliver a compound annual return of over 15%, by taking long/short ...

Boutique fund manager eyes second LIC

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
A Sydney-based international equities manager will soon launch its second listed investment company (LIC) with plans to raise upwards of $300 million for the new venture. Cadence Capital confirmed it will launch an initial public offering (IPO) for ...

Investors sharpen watch on RMBS

KANIKA SOOD  |  MONDAY, 9 JUL 2018
... Capital Income Trust - a listed investment company which started trading in May on the heels of a $175 million initial public offer - held 73% of its portfolio in RMBS as at May 31. Also this year, fixed income veteran Bob Sahota and Simon Petris launched ...

CBA to demerge CFS, mulls further CommInsure sell-off

JAMIE WILLIAMSON  |  MONDAY, 25 JUN 2018
Commonwealth Bank is demerging its wealth management business and undertaking a strategic review of its general insurance arm. Standing as a separately listed wealth management business, CFS Group will comprise Colonial First State, Colonial First State ...

Industry fund calls for tougher SMSF rules

KARREN VERGARA  |  WEDNESDAY, 13 JUN 2018
... to make it tougher for people with low account balances to set up a self-managed superannuation fund. REI Super, a public offer fund with its roots tied to the real estate industry, is urging for reforms in light of the Productivity Commission's recent ...

Prospa postpones IPO after consultation with Macquarie, UBS

HARRISON WORLEY  |  FRIDAY, 8 JUN 2018
Prospa has postponed its initial public offering on the ASX after consultation with joint IPO lead managers UBS and Macquarie. Initially pausing just prior to its listing, the small business lender has confirmed the further postponement of its IPO. ...

Members abandon bank-aligned group insurers

KARREN VERGARA  |  TUESDAY, 5 JUN 2018
Latest Rainmaker group insurance research shows the share of superannuation fund members associated with a bank-aligned group insurer has halved in the last four years. The number of not-for-profit (NFP) superannuation members linked to a bank-aligned ...

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 ...

Robeco wins two mandates worth $500m

ALEX BURKE  |  MONDAY, 28 MAY 2018
Robeco was awarded mandates, collectively representing $500 million, by two financial institutions in Australia and New Zealand. While the institutions haven't been named, both made investments in Robeco's fundamental global credits strategy. ...

Argo chairman retires

HARRISON WORLEY  |  FRIDAY, 18 MAY 2018
The long-time chairman and director of Argo Investments will retire in June. In a set of announcements to the ASX, Argo confirmed Ian Martin will retire from his positions with the firm, including the chairmanship of both Argo Investments and Argo's ...