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Showing 221 - 230 of 504 results for "Investment Company"

Lead portfolio manager named for new international LIC

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2018
A former employee of Wilson Asset Management will lead its new listed investment company, WAM Global. Catriona Burns has been appointed lead portfolio manager of WAM's new global equities LIC, commencing mid-February and investing in undervalued international ...

Aberdeen LIC internalises management

ALEX BURKE  |  THURSDAY, 25 JAN 2018
... Aberdeen Leaders Limited (ALR) has named its internalised investment team and unveiled a new name for the listed investment company. ALR chair Brian Sherman explained to shareholders that the agreement with Aberdeen comes to an end on January 31. "Rather ...

FIIG Securities head of intermediaries departs

ALEX BURKE  |  TUESDAY, 23 JAN 2018
... boards of VanEck Australia, Netball NSW, Uniting Financial Services, Bell Asset Management, Perpetual Equities Investment Company and Hunter Water. FIIG Securities chairman Douglas Bates said at the time the group is pleased to welcome Knight and Feldmanis ...

Clime IM appoints private wealth head from Suncorp

ALEX BURKE  |  TUESDAY, 23 JAN 2018
... individually managed accounts ($396 million), followed by managed funds and mandates ($132 million) and listed investment company Clime Capital ($284 million). In 2017, Clime purchased $130 million Australian equities boutique CBG Asset Management for ...

Bitcoin bubble will burst in 2018: Survey

KARREN VERGARA  |  MONDAY, 22 JAN 2018
... cryptocurrency-related products. In a letter penned to the Securities Industry and Financial Markets Association, and Investment Company Institute, the SEC raised numerous questions, including how funds value holdings in substantial amounts of cryptocurrencies ...

Citi veteran joins forces with listed equities manager

ALEX BURKE  |  FRIDAY, 19 JAN 2018
A long-serving Citi employee has become the deputy chief executive of a listed Australian equities investment company as part of the latter's succession plan. Newly-minted Milton Corporation deputy chief Brendan O'Dea joined Citi in 1995 as an internal ...

Macquarie sells remaining stake in Atlas Roads for $456m

ALEX BURKE  |  FRIDAY, 15 DEC 2017
... management functions following shareholder pressure, Macquarie has sold down its remaining stake in the listed investment company. Via a bookbuild, Macquarie sold 76 million shares in MQA for $6 per share. Macquarie had already sold 53 million shares ...

Platinum sells $24m Asia stake

ALEX BURKE  |  THURSDAY, 14 DEC 2017
Platinum Investment Management is selling $24 million worth of shares in its Asia listed investment company, the underlying strategy of which was recently rated as one of the top-performing funds of its ilk by Morningstar. Platinum Asia Investments ...

Corporate governance LIC slashes fees, appoints portfolio manager

ALEX BURKE  |  WEDNESDAY, 6 DEC 2017
An ASX-listed investment company focusing on ASX 100 companies ranked by corporate governance standards has negotiated a significant reduction in its total expense ratio and appointed a portfolio manager from Evans Dixon. Australian Governance Masters ...

LIC fund reopens to investors

KARREN VERGARA  |  FRIDAY, 1 DEC 2017
... we can invest in opportunities that larger fund managers have no chance of executing." The Future Generation Investment Company (FGX), MFF Capital Investments (MFF), Australian Foundation Investment Company (AFIC), Future Generation Global Fund (FGG) ...