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Showing 121 - 130 of 242 results for "Listed investment company"

Pohl retires from LIC board

EMMA RAPAPORT  |  TUESDAY, 13 JUN 2017
Industry veteran Dr Manny Pohl is stepping down from the board of small-to-mid cap listed investment company Barrack St Investments effective 30 June 2017. Dr Pohl's boutique Australian equity house, ECP Asset management, founded the LIC in 2014 to ...

Former MLC chief retires from Perpetual LIC

ALEX BURKE  |  THURSDAY, 8 JUN 2017
The chair of Perpetual's first listed investment company, the Perpetual Equity Investment Company (PIC), will retire on June 30 having served in the role since the LIC commenced trading in 2014. Peter Scott, who is formerly both the chair of Perpetual ...

Hunter Hall funds and LIC receive makeover

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2017
... volatility and the risk of losing capital." The HHV board also announced details of its plans for the listed investment company going forward, announcing it will adopt a revised objective to deliver "regular and growing" dividends. In recognition of ...

Watermark market neutral LIC to launch buy-back

ALEX BURKE  |  TUESDAY, 16 MAY 2017
... Watermark Funds Management will undertake 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 ...

Henry Morgan creates new global LIC

ALEX BURKE  |  FRIDAY, 12 MAY 2017
Henry Morgan's investment manager, John Bridgeman, will launch a new global equities listed investment company following the successful oversubscription of another LIC last month. The new LIC, William Kidd Ltd, will be based on a global equities fund ...

Perennial loses Century LIC mandate

ALEX BURKE  |  WEDNESDAY, 19 APR 2017
Listed investment company Century Australia Investments ended its seven-year arrangement with Perennial Value Management, appointing a new investment manager as part of a major restructure. In Perennial's stead, Wilson Asset Management will now be Century's ...

WAM Capital buys unlisted company

KARREN VERGARA  |  WEDNESDAY, 19 APR 2017
Listed investment company WAM Capital, managed by Wilson Asset Management, is acquiring an unlisted investment company with net assets worth $25.5 million. It will issue 13,246,376 new shares under the terms of the deal on or before 19 April, calculated ...

Hunter Hall LIC chair ousted

ALEX BURKE  |  FRIDAY, 7 APR 2017
... we have received from shareholders along the way. Together, we have delivered a strong warning to all listed investment company boards that shareholders must be treated with respect," he added. HHV has been suspended from official quotation pending the ...

Plato fund oversubscription heralds income appetite

ALEX BURKE  |  WEDNESDAY, 5 APR 2017
Plato's Income Maximiser listed investment company has exceeded its $220 million target, signalling Australia's soaring demand for income-oriented strategies. Plato's IPO will remain open until April 21, allowing for a further $110 million in investor ...

Watermark appoints two sector heads

ALEX BURKE  |  WEDNESDAY, 29 MAR 2017
... December last year, it closed the initial public offering for Australia's first global market-neutral listed investment company, the Watermark Global Leaders Fund. It was the largest IPO within the small cap sector in 2016 according to HLB Mann Judd ...