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

Search Results

Showing 131 - 140 of 242 results for "Listed investment company"

Prospectus lodged for ethically screened LIC

EMMA RAPAPORT  |  MONDAY, 13 MAR 2017
Morphic Ethical Equities Fund Limited, the first ethically screened global equity listed investment company in over a decade, is undertaking an initial public offering of ordinary shares after lodging its prospectus with ASIC. The company, which provides ...

Plato launches income-focused LIC

JAMIE WILLIAMSON  |  FRIDAY, 10 MAR 2017
Plato Investment Management is establishing its first listed investment company, responding to investor demand. The initial public offering for Plato Income Maximiser Limited (ASX:PL8) allows Australian investors to access an actively managed, diversified ...

Contango AM launches growth LIC

EMMA RAPAPORT  |  FRIDAY, 10 FEB 2017
Contango Asset Management will launch Contango Global Growth Limited, an ASX listed investment company actively investing in a portfolio of global listed securities. The global equities specialist fund manager, with approximately A$21.1 billion in assets ...

Wilson lodges to scrap Hunter Hall LIC board

ALEX BURKE  |  FRIDAY, 3 FEB 2017
... HHV at fair value. HHV's board said Wilson "incorrectly implies that the entry and exit feature of a listed investment company should be the same to those of a unit trust," adding that in order for his proposal to be fair and equitable, the entire HHV ...

Hunter Hall slams exit proposal

ALEX BURKE  |  WEDNESDAY, 25 JAN 2017
... the statement added. HHV's board said Wilson "incorrectly implies that the entry and exit feature of a listed investment company should be the same to those of a unit trust," adding that in order for his proposal to be fair and equitable, the entire ...

Hunter Hall receives surprise new takeover bid

ALEX BURKE  |  TUESDAY, 24 JAN 2017
... Hunter Hall's board to allow shareholders the opportunity to exit HHV at fair value, in light of the listed investment company's "corporate governance crisis." Commenting on his company's takeover offer, Pinnacle managing director Ian Macoun said: "We ...

Hunter Hall appoints LIC director

ALEX BURKE  |  TUESDAY, 17 JAN 2017
Hunter Hall appointed a new director for its listed investment company following Peter Hall's resignation. David Groves is currently a non-executive director at Hunter Hall and will now take on a board position at Hunter Hall Global Value Limited. He ...

Watermark closes IPO for market neutral LIC

ALEX BURKE  |  TUESDAY, 13 DEC 2016
Watermark closed its initial public offering for Australia's first global market neutral listed investment company. The Watermark Global Leaders Fund Limited raised more than $90 million, close to the initial goal of $110 million, from investors at ...

Small caps and corporate activity drive LIC performance

KERRIE SYDEE  |  WEDNESDAY, 7 DEC 2016
... activity shining a positive light on the sector moving into 2017. Independent Investment Research's (IIR) Listed Investment Company (LIC) October update revealed a drop in returns for the 12 months to October, with weak returns from the S&P/ASX 200 Accumulation ...

WAM proposes LIC takeover

ALEX BURKE  |  WEDNESDAY, 23 NOV 2016
Wilson Asset Management has submitted a new proposal to take over management of an ASX-listed investment company. Century Australia Investments, for which Perennial Value Management is currently investment manager, was previously given a WAM restructure ...