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Showing 261 - 270 of 604 results for "WILS"

Argo Investments attacks Labor franking policy

HARRISON WORLEY  |  MONDAY, 22 OCT 2018
The listed investment company, with about $5.5 billion in funds under management, condemned Labor's franking credit policy at its annual general meeting. Holding its AGM this morning, Argo Investments said Labor's policy to remove refundable franking ...

ETFs attracting more money than LICs

KANIKA SOOD  |  MONDAY, 15 OCT 2018
Aussie investors now have more money invested in the rapidly-expanding exchange traded fund market than in long-standing listed investment companies. The ETP market has just hit $42.3 billion in funds under management - that's $60 million more than ...

Aviva chief executive exits

KARREN VERGARA  |  WEDNESDAY, 10 OCT 2018
Aviva chief executive Mark Wilson is stepping down from the top job and will exit in April 2019. The UK insurance, pensions, investments and asset management firm said Wilson and its board have mutually agreed that Wilson will leave the group. Aviva ...

WAM pushes for HHY closure

KARREN VERGARA  |  TUESDAY, 9 OCT 2018
Wilson Asset Management wants to shutter the underperforming Hastings High Yield Fund (HHY) amid the controversy surrounding Aurora Funds Management, which acts as its responsible entity. WAM is setting in motion a general meeting to urge HHY shareholders ...

Banks to answer for Hayne report

JAMIE WILLIAMSON  |  MONDAY, 8 OCT 2018
The chief executives of Australia's big four banks will head to Canberra to face questioning over the findings published in Commissioner Kenneth Hayne's interim report. The House of Representatives Standing Committee on Economics will commence its next ...

Royal Commission interim report flawed

JAMIE WILLIAMSON  |  WEDNESDAY, 3 OCT 2018
Commissioner Kenneth Hayne's interim report lacks understanding of financial advice and appears to have ignored submissions on the issues raised throughout the Royal Commission. That is the view of the Association of Financial Advisers which, in ...

Make sure you have cash: Geoff Wilson

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
Veteran investor Geoff Wilson says a bear market is inevitable and investors should check their cash holdings. WAM Capital is currently holding 29.2% in cash, WAM Leaders 14.6% and WAM Microcap 21.9%, the manager said in a conference call for media ...

Franking credits inquiry launched

HARRISON WORLEY  |  THURSDAY, 20 SEP 2018
An inquiry has been launched to examine the implications of Labor's policy to remove refundable franking credits. The House of Representatives Standing Committee on Economics will investigate the implications of removing refundable franking credits. ...

Firetrail to launch $305m IPO

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
The boutique launched by former Macquarie stock pickers under Pinnacle's banner in May is set to kick off an initial public offer, raising up to $304.5 million for an absolute return LIC. Firetrail Investments lodged a prospectus with ASIC on Tuesday ...

Failed industry fund merger laid bare at Royal Commission

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
Energy Super backed down on its plan to merge with the now $14 billion Equipsuper, who wanted no union-nominated board seats for the merged fund, even though the merger would have delivered significant financial benefit to Energy Super's members, the ...