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Showing 11 - 20 of 23 results for delisting

Arowana winds up LIC

KARREN VERGARA  |  THURSDAY, 7 JAN 2021
The Arowana Contrarian Value Fund (CVF) is in the process of winding up and delisting from the ASX after a period of underperformance. The listed investment vehicle flagged in April 2020 that it was "engaging in a detailed strategic review" because ...

ETF Securities shutters funds

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
... the only ETF provider that has closed funds as a result of insufficient scale. Last month, BetaShares announced it was delisting five products including three active ETFs it issued for AMP Capital, BetaShares Agriculture ETF - Currency Hedged (synthetic) ...

AMP Capital bids farewell to active ETFs

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
AMP Capital is delisting all of its ETFs after about four years on the ASX, following UBS Asset Management's move in March. The last trading day will be December 4, with final distributions from the wind up set for December 31. "...the decision ...

Evans and Partners looks to delist LITs

KANIKA SOOD  |  THURSDAY, 29 OCT 2020
... $125 million Asia Fund (EAF). All three will seek shareholder approval at a December 2 virtual meeting for a January 29 delisting from the ASX. Walsh and Company said the change could improve liquidity, as investors go from being in thinly-traded vehicles ...

UBS says goodbye to ETFs

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
UBS is sweeping clean its suite of ASX-listed ETFs, shutting down six funds and delisting three as asset growth stalls. UBS currently has nine ETFs with $300 million in funds under management at February end. On Friday, it informed investors of its ...

Chief economist update: Are capital markets the next Sino-US battleground?

BENJAMIN ONG  |  MONDAY, 30 SEP 2019
... follow-up article from Reuters stated: "President Donald Trump's administration is considering the possibility of delisting Chinese companies from US stock exchanges... Officials are also examining how the US could put limits on the Chinese companies ...

Investment firm plans delisting

KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
... traded and 60% of the issued shares are held by its largest shareholder, followed by another 18% by the management. "The delisting is considered by the company's board to be in the best interests of the company in the light of the low levels of trading ...

BlackRock confirms iShares delisting timetable

KANIKA SOOD  |  FRIDAY, 11 MAY 2018
BlackRock has laid out options for iShares ETF investors to liquidate their holdings, reconfirming it will suspend the trading of five products from the ASX in about a month. On May 3, BlackRock said it was pulling five iShares products from the Australian ...

AMP Capital China fund to be delisted from ASX

ALEX BURKE  |  MONDAY, 22 AUG 2016
... do this and now expects the fund to be removed from the exchange on December 30. Trading will be suspended prior to delisting on December 28. At the same time, AMP Capital also announced it had successfully sold down 95% of the fund's portfolio of China ...

Six more staff to leave Wilson HTM

BEN COLLINS  |  TUESDAY, 17 JUL 2012
... they were entitled to offload their shares. However, in light of current marker conditions, Wilson HTM has considered delisting, and had flagged the option in a statement to the Australian Stock Exchange. The broker is also bogged down in legal proceedings ...