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Showing 131 - 140 of 151 results for "LICs"

Investors Mutual gets in on LIC act

MARK SMITH  |  MONDAY, 7 JUL 2014
... small- and mid-cap LIC. Australian alternatives manager Blue Sky and global equities boutique PM Capital have also launched LICs recently. "Ours in a traditional style, buy-and-hold type portfolio," Tagliaferro continued. "Some of the newer offerings ...

Second PM Capital LIC now trading on ASX

MARK SMITH  |  FRIDAY, 23 MAY 2014
... billion evolving consumers who are growing in affluence," he said. PM Capital chief executive Chris Donohoe said the global LICs were attractive to SMSF investors who require greater diversification to offshore equities. Donohoe thanked brokers Ord Minnett ...

Blue Sky launches first listed investment company

MARK SMITH  |  WEDNESDAY, 7 MAY 2014
... offer investors an investment company which is markedly different from the predominantly equity and fixed interest focused LICs already listed on the Australian Securities Exchange (ASX). The LIC will co-invest alongside direct investors in Blue Sky's ...

PM Capital eyes Asia fund listing

MARK SMITH  |  TUESDAY, 8 APR 2014
... peers, we believe it is difficult to find value in the Australian market." Donohoe said there are only a small number of LICs in Australia investing in Asian equities. "Our discussions with brokers indicate this IPO should attract good interest. They ...

PM Capital launches global fund on ASX

MARK SMITH  |  WEDNESDAY, 6 NOV 2013
... team focused on maximising the long term after tax value of investors' capital." He added that the majority of global equity LICs are trading at a significant premium. PM CAPITAL has appointed Ord Minnett to act as arranger and joint lead manager in ...

Govt confirms SG delay, kills LICS

MARK SMITH  |  FRIDAY, 25 OCT 2013
... confirming its commitment to increase the SG but the Industry Super Australia (ISA) has roundly condemned the move to repeal the LICS legislation. "FSC research demonstrates that there is a retirement savings gap of over $1 trillion. Increasing superannuation ...

Wealth Within targets SMSFs with new platform

ALICE URIBE  |  WEDNESDAY, 2 OCT 2013
... funds, managed accounts, model portfolios, direct property, listed securities, ETFs, cash, term deposits, hybrids, REITs and LICs. Global One also marks Wealth Within's desire to capture the growing SMSF market. "It provides the ability for SMSFs to ...

Planner and investor concern hits three-year low

MARK SMITH  |  THURSDAY, 23 MAY 2013
... decisions. In March planners were investing 24% of new client money in direct listed investments - including shares, ETFs, REITs, LICs SMAs and IMAs - up from 19% in September 2012. Flows to cash and term deposit investments saw their biggest drop in ...

Coalition will delay SG rise, abolish LICS

ALEX DUNNIN  |  THURSDAY, 16 MAY 2013
Opposition leader Tony Abbott has delivered his budget reply speech, announcing delays or suspension of superannuation intitiatives that were meant to be funded from taxes that a Coalition government intends repealing should it win office. These initiatives ...

SMSFs drive ASX growth

LAURA MILLAN  |  TUESDAY, 26 FEB 2013
... managers for other kinds of investment." Managed funds have also grown in the past year and listed investment companies (LICs) went from a $16 billion market cap in January 2012 to $20 billion in January 2013. However, no new companies joined the exchange ...