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

Search Results

Showing 171 - 180 of 242 results for "Listed investment company"

India multi asset fund to list on ASX

LAURA MILLAN  |  WEDNESDAY, 27 MAY 2015
... India Fund Limited has launched an initial public offering (IPO) with plans to list on the ASX as a listed investment company (LIC). The fund is looking to raise up to $100 million with a minimum subscription of $35 million and has Morgans as its lead ...

US golden opportunity for listed infrastructure

ALEX BURKE, LAURA MILLAN  |  FRIDAY, 22 MAY 2015
... available asset classes." Argo Investments has recently launched a prospectus for a global infrastructure listed investment company that will be managed by Cohen&Steers from the United States. Cohen&Steers senior vice president Benjamin Morton argued ...

Blue Sky raises $20m for LIC

STAFF WRITER  |  FRIDAY, 22 MAY 2015
... through a one for three non-renounceable entitlement offer. The funds raised will be used to build on the listed investment company's actively managed portfolio of alternative assets across private equity and venture capital, water and agriculture, hedge ...

Argo lodges infrastructure LIC prospectus

ALEX BURKE  |  TUESDAY, 12 MAY 2015
... opportunity to access global listed infrastructure securities through the establishment of a new ASX-listed investment company," said Argo and AGLI chair Ian Martin AM. He added: "We have found the right partner in Cohen & Steers, and their methodical ...

Perennial to raise capital for Aussie equities LIC

LAURA MILLAN  |  THURSDAY, 12 MAR 2015
... Management is set to launch its Wealth Defender Equities to the Australian Securities Exchange (ASX) as a listed investment company (LIC). The fund follows Perennial's Wealth Defender investment strategy, based on a diversified portfolio of Australian ...

Perpetual reveals institutional, platform mandates

LAURA MILLAN  |  THURSDAY, 22 JAN 2015
... Equities of $500 million from the institutional channel and about $250 million raised by Perpetual's listed investment company (LIC), Perpetual Equity Investment Company Limited. These inflows were offset by outflows from the group's Cash and Fixed Income ...

AMCIL suffers short-term performance dip

MARK SMITH  |  WEDNESDAY, 21 JAN 2015
Listed investment company AMCIL saw its half-year profit fall 23.8% to $2.8 million in the six months to 31 December but the fund is still ahead of its benchmark over the longer term. Revenue from investments was $3.6 million excluding capital gains ...

Platinum backs US internet stocks and Asian infrastructure

MARK SMITH  |  WEDNESDAY, 14 JAN 2015
Star manager Kerr Neilson's listed investment company Platinum Capital is backing out-of-favour big-name US technology companies as well as infrastructure plays in China and India. In a quarterly update to shareholders the billionaire investor said ...

WAM Capital announces $100m share purchase plan

STAFF WRITER  |  MONDAY, 12 JAN 2015
Listed investment company WAM Capital has announced a $100 million share purchase plan (SPP). The SPP will be offered to existing shareholders at the fixed price of $1.90 per share. Shareholders who participate in the offer will be entitled to the 7.0 ...

Contango set to launch small cap LIC

MARK SMITH  |  TUESDAY, 2 DEC 2014
Contango Asset Management is set to launch a new listed investment company designed to generate income from a portfolio of stocks outside of the markets 30 biggest companies. Contango Income Generator Limited uses the same investment strategy that it ...