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Showing 21 - 30 of 106 results for "Income Trust"

Northern Trust chair defends Woodford loan

ELIZABETH MCARTHUR, KANIKA SOOD  |  TUESDAY, 17 SEP 2019
... YouTube to apologise to investors after his fund had to freeze redemptions over illiquidity in the Woodford Equity Income trust. The Woodford Patient Capital Trust (WPCT) which is his only listed fund has a £150 million borrowing facility from Northern ...

J.P. Morgan wins custody mandate

KANIKA SOOD  |  TUESDAY, 11 JUN 2019
... intermediary distribution Matt Thompson said: "Our recent announcement to offer new units in the NB Global Corporate Income Trust, along with our plans to launch several managed funds, demonstrates our commitment to the Australian marketplace." "The ...

Court throws out Aurora fund takeover bid

KANIKA SOOD  |  FRIDAY, 31 MAY 2019
... year with a failed takeover bid for Molopo Energy and $1 million that went missing from Aurora Property Buy-Write Income Trust that was later traced back to its chief financial officer. "We are not hiding the fact that we are going in to investigate," ...

Beware: Zombie ETFs

KANIKA SOOD  |  THURSDAY, 16 MAY 2019
... started in September 2018 and two of the ETFs that it recognised as Zombies then (ETFS S&P/ASX 100 and Aurora Dividend Income Trust) had shut by December 2018.?

Perpetual raising $440m for credit trust

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... raise $150-$400 million for an actively-managed portfolio of credit and fixed income assets. The Perpetual Credit Income Trust (ASX: PCI) has met its $150 million minimum from indicative bids, the manager said. It has the capacity to accept $40 million ...

Pinnacle boutique opens LIT offer

KANIKA SOOD  |  MONDAY, 11 MAR 2019
... under management. This is the boutique's second listed investment company. In 2017, Metrics listed the MCP Master Income Trust (ASX: MXT). MXT's portfolio is lower risk with investments spread across both investment grade and sub-investment grade ...

Perpetual distribution lead departs

JAMIE WILLIAMSON  |  WEDNESDAY, 17 OCT 2018
... and deepen our client base and also maintain our momentum following the successful IPO of the NB Global Corporate Income Trust," Neuberger Berman head of Asia Pacific, Nick Hoar said. The IPO Hoar refers to raised $413 million - well in excess of the ...

ETFs attracting more money than LICs

KANIKA SOOD  |  MONDAY, 15 OCT 2018
... raised $466 million to float WAM Global. Meanwhile, Brisbane-based Gryphon Capital Investment's Gryphon Capital Income Trust raised $175 million (down from $350 million initially announced). Tribeca Investment Partners' 30% returning unconstrained ...

WAM pushes for HHY closure

KARREN VERGARA  |  TUESDAY, 9 OCT 2018
... to comply with ASX listing rules and questionable conduct. WAM reminded shareholders that when the Aurora Global Income Trust (AIB) attempted to make a takeover bid for HHY in September 2016, AIB's share prices has fallen more than 70% to 23 cents as ...

The joys of an independent board

KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
... 3% to an October 1 close. Another board that worked the premium on its trust's NAV is JPMorgan Global Growth and Income trust. "As a board, we have sought to make the trust appeal to more investors, especially post RDR. Part of that relates to size and ...