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Showing 351 - 360 of 504 results for "Investment Company"

WAM Capital posts record profit

MARK SMITH  |  TUESDAY, 29 JUL 2014
Wilson Asset Management's listed investment company, WAM Capital, has reported a record profit pre-tax profit of $90.5 million for the 12 months to 30 June following strong investment performance. The figure represents a rise of 68.8% on last year. ...

Pohl's fund receives 'recommended' rating

JAMES FERNYHOUGH  |  FRIDAY, 18 JUL 2014
Barrack St Investment (BST), the investment company whose portfolio is managed by Manny Pohl's ECP Asset Management, has been given a 'recommended' rating by Independent Investment Research. The rating comes ahead of BST's plan to list on the ASX in ...

New Investors Mutual LIC gets rating and platform approval

MARK SMITH  |  THURSDAY, 17 JUL 2014
Investors Mutual's new listed investment company, QV Equities, has been included on BT, Colonial First State, MLC and Macquarie's platform offerings and received ratings from Lonsec and Zenith. The company said the inclusion in leading dealer group's ...

Global body calls for Asia Funds Passport rethink

MARK SMITH  |  MONDAY, 14 JUL 2014
... be rethought to improve its chances of long-term success. ICI Global, the international arm of US body the Investment Company Institute, called the Asia Funds Passport "timely and exciting." "This is a highly valuable initiative for the region and we ...

Star managers launch fund-of-funds in support of children's charities

MARK SMITH  |  FRIDAY, 11 JUL 2014
... leading investment boutiques have teamed up to give investors access to their strategies through a single listed investment company that has no fees and donates 1% of assets to children's charities. The Future Generation Investment Fund (ASX:FGX) combines ...

Investors Mutual gets in on LIC act

MARK SMITH  |  MONDAY, 7 JUL 2014
Investors Mutual will launch its first listed investment company (LIC) for investors looking for direct access to a ready-made diversified portfolio of Australian shares. QV Equities Limited (ASX: QVE) invests in companies outside the top 20 stocks ...

Manny Pohl issues prospectus for new retail LIC

MARK SMITH  |  WEDNESDAY, 2 JUL 2014
... equity house, ECP Asset Management (ECPAM), has released the prospectus for a new small- and mid-cap listed investment company (LIC). Barrack Street Limited is targeting a maximum of $50million, with the LIC aiming to exceed a benchmark return of 8%pa ...

MetLife Australia names new CFO

ALICE URIBE  |  TUESDAY, 17 JUN 2014
... and profitability and finance manager. Prior to NAB/MLC, Watt served as chief executive for the Prudential Investment Company of Australia (Body Corporate Services). Watt has taken over the CFO position from MetLife Australia's David Hole immediately. ...

Blue Sky raises $60.4 million for first listed alternatives fund

MARK SMITH  |  THURSDAY, 12 JUN 2014
... public offering of shares in its Blue Sky Alternatives Access Fund Limited (Alternatives Fund). The new Listed Investment Company (LIC), set to debut on the Australian Securities Exchange (ASX: BAF) on Monday 16 June, will be Australia's only directly ...

Industry stalwart Tucker takes stake in Westoz

MARK SMITH  |  TUESDAY, 3 JUN 2014
... believe there is great scope to broaden its appeal to the wider investment market in the future. "The listed investment company (LIC) sector is in great demand at present with significant amounts of capital raised over the last 18 months. I expect the ...