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Showing 11 - 20 of 124 results for "NTA"

Magellan needs more consistent progress: Morningstar

ANDREW MCKEAN  |  MONDAY, 19 FEB 2024
... briefly offered retirement solution, Magellan FuturePay, in July 2022. The firm is actively seeking solutions for the persistent NTA discount on the Magellan Global closed class listed investment trust, with plans to transition it to an open-end structure ...

Spheria mulls converting emerging companies LIC

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
... units in the Spheria Australian Smaller Companies Fund. This follows SEC consistently trading below its net tangible asset (NTA) per share since its IPO in December 2017, despite strong performance and improved transparency measures. The proposal, developed ...

Invesco hires from Northern Trust

JAMIE WILLIAMSON  |  WEDNESDAY, 8 NOV 2023
The fund manager's local arm has appointed a director - factor investing and multi-asset strategies, nabbing a regional lead from Northern Trust Asset Management. From next week, Scott Bennett will join Invesco Australia in the role, leaving behind ...

Dexus reports $752.7m loss

CASSANDRA BALDINI  |  WEDNESDAY, 16 AUG 2023
... acknowledged. The real estate giant said the revaluation losses primarily drove the $1.40 or 11.4% decrease in net tangible asset (NTA) backing per security during the year to $10.88 at 30 June 2023. Dexus further added the AMP Capital platform acquisition ...

Northern Trust hires from Franklin Templeton

CASSANDRA BALDINI  |  THURSDAY, 15 DEC 2022
Northern Trust Asset Management (NTAM) has expanded its Melbourne-based team and appointed Matthew Lambert as head of quantitative portfolio management Asia Pacific. Lambert who stepped into the newly created role last month, is responsible for bringing ...

Northern Trust names global macro fixed income head

CHLOE WALKER  |  WEDNESDAY, 19 OCT 2022
The appointment of veteran Fed economist Antulio Bomfim will enable Northern Trust Asset Management (NTAM)'s global fixed income team to expand its capabilities worldwide. Bomfim brings over 30 years of experience to the newly created role, including ...

Ex-Synchron boss appointed head of Libertas

CASSANDRA BALDINI  |  WEDNESDAY, 14 SEP 2022
Former Synchron general manager Phil Osborne has been appointed to head up Sequoia Financial Group's licensee, Libertas Financial Planning. Osborne, who resigned from Synchron in June after just five months, will support the ongoing development of advisers ...

Northern Trust hires former TelstraSuper COO

ELIZABETH FRY  |  WEDNESDAY, 15 JUN 2022
Northern Trust Asset Management has hired Miles Mallick to the newly created role of chief operating officer for Asia-Pacific. In his new role, Mallick will support the US$1.2 trillion asset manager's growth in the Asia Pacific region. Mallick joins ...

WAM looks to acquire Asian equities LIC

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
WAM Capital is attempting to acquire a listed investment company that has a concentrated portfolio of listed Asian equities. WAM has its eye on PM Capital Asian Opportunities Fund (PAF), offering to pay $1.147 per PAF share. The proposed takeover bid ...

New equities LIC heads for the ASX

KANIKA SOOD  |  MONDAY, 16 AUG 2021
... purchase shares on the market, if its LIC trades at a discount. "This means that if any month the company trades at a discount to NTA (net tangible assets), we will stand in the market and purchase shares with the management fees and the same applies ...