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Showing 241 - 250 of 504 results for "Investment Company"

HHV reports $22m loss after rough year

ALEX BURKE  |  WEDNESDAY, 30 AUG 2017
The recently-restructured Hunter Hall Global Value listed investment company reported a net loss of $22 million for the 2017 financial year, but chair David Groves says its new investment strategy has no relevance to past performance. After tax, net ...

Australian investment firm opens London office

EMMA RAPAPORT  |  FRIDAY, 25 AUG 2017
... management, offering a variety of products including its flagship global long/short strategy as an Australian listed investment company and an Ireland-domiciled UCITS fund. Commenting on the firm's two-year anniversary, chief investment officer Jacob ...

Milton to acquire $18m unlisted manager

ALEX BURKE  |  FRIDAY, 21 JUL 2017
Listed Australian equities investment company Milton Corporation has entered into an agreement to acquire an unlisted investment manager for $18 million. Consideration will be the issue of new Milton shares, and Milton managing director Frank Gooch ...

Aussie hedge fund seeking $300m for retail IPO

ALEX BURKE  |  THURSDAY, 20 JUL 2017
... manager with offices in Sydney and New York is looking to diversify its investor base with the launch of a listed investment company. VGI Partners is looking to raise $300 million, with a possible further $100 million in oversubscriptions, for VGI Partners ...

Clime acquires equities boutique for $3.6m

ALEX BURKE  |  MONDAY, 17 JUL 2017
... will purchase CBG Asset Management, which has $130 million in assets across three mandates including a listed investment company, for $3.6 million. This comprises $3.2 million on completion of the acquisition, plus $375,000 12 months from that date ...

Police charge man with super fraud

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2017
... with information to come forward. Last month, police arrested the director of a Woollahra-based finance and investment company for allegedly defrauding elderly clients of their life savings. The arrest was part of Strike Force Penwell which investigated ...

Man posing as financial adviser charged

EMMA RAPAPORT  |  WEDNESDAY, 28 JUN 2017
... clients of their life savings. The 34-year-old man, who was the sole director of a Woollahra-based finance and investment company, was arrested yesterday at a home in Vaucluse after police received reports that three people, all aged over 70, lost large ...

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 ...