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Showing 11 - 20 of 108 results for "Listed Investment Companies"

Treasury kicks off managed investment scheme reforms

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... unit trusts that either focus on a single asset class or are multi-asset schemes. They do not include listed investment companies, debentures or shares issued by a body corporate, certain partnerships or direct purchases of shares or other equities or ...

Hostplus cuts Choiceplus fees

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
... Choiceplus option enables members to invest in the shares in the S&P/ASX 300, a range of ETFs and listed investment companies (LICs) and term deposits. Platform administration fees have been cut from $180 per annum to $168. In terms of brokerage fees ...

Outflows, M&A batter active managers

KARREN VERGARA  |  THURSDAY, 30 MAR 2023
... are still fit for purpose. Rainmaker modelling shows that between 2020 and this month, more than 120 listed investment companies and wholesale managed funds either shuttered or merged with a relatively superior product. By the same token, only 10 exchange-traded ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
... and financial burden for individuals who inadvertently fall foul of the legislation. Previously, the Listed Investment Companies & Trusts Association (LICAT) also criticised the proposed changes, warning they could unintentionally catch many legitimate ...

Franking credit crackdown rife with unintended consequences: LICAT

ANDREW MCKEAN  |  WEDNESDAY, 28 SEP 2022
The Listed Investment Companies & Trusts Association (LICAT) has pulled no punches in its reprimand of the proposed legislative changes to franked distributions funded by capital raisings. In a submission to Treasury, LICAT explained that while there ...

Former fund manager, philanthropist Brian Sherman passes away

CHLOE WALKER  |  THURSDAY, 15 SEP 2022
... and chair of its Finance Committee, chair of ASX-listed Aberdeen Leaders Limited, chair of several listed investment companies in the US and Canada, and a director of Channel Ten. He was also co-founder and managing director of the animal charity Voiceless ...

ASX seeks to improve investment products offering

CHLOE WALKER  |  THURSDAY, 28 APR 2022
... achieve diversity in their investment portfolios." Currently, the ASX's product list comprises of listed investment companies (LICs), listed investment trusts (LITs), real estate investment trusts (REITs) and infrastructure funds (Ifs), as well as exchange ...

Popularity soars for managed accounts

CHLOE WALKER  |  TUESDAY, 22 MAR 2022
... December 2021. This is expected to rise to 25% by 2025, over and above flows into direct shares and listed investment companies. Brennan said the reason managed accounts are so popular is partly because advisers are seeing the benefits for a broader ...

Pinnacle executive joins Plato LIC

CHLOE WALKER  |  THURSDAY, 17 FEB 2022
... under management across active ETFs and listed closed end funds. He is also a director of Australian Listed Investment Companies and Trust Association. Prior to joining Pinnacle in 2018, Meyer was chief executive of RMI Investment Managers, where he ...

Top three drive ETF surge

KARREN VERGARA  |  MONDAY, 24 JAN 2022
... products are true to label. ETFs have different structures, features, strategies, and risks compared to listed investment companies, listed investment trusts and warrants, and should therefore be labelled in a way that differentiates them from other ...