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Showing 21 - 30 of 124 results for "NTA"

WAM Global performance rises

ANNABELLE DICKSON  |  FRIDAY, 16 JUL 2021
... narrowing of the share price to net tangible assets with the discount at 3.9% after starting the period at an 18.1% discount to NTA. "The WAM Global investment team was diligent in finding compelling opportunities that fit our investment process amid ...

Northern Trust launches low carbon strategy

ANNABELLE DICKSON  |  WEDNESDAY, 14 JUL 2021
Northern Trust Asset Management (NTAM) has launched an actively managed strategy that focuses on high-quality, low-volatility stocks while maintaining a lower carbon footprint. The Quality Low Volatility Low Carbon World (QLV Low Carbon) Strategy is ...

WAM Global to acquire LIC

KANIKA SOOD  |  TUESDAY, 29 JUN 2021
... shares it does not hold. TGG investors have two options: either take WGB's share and options offer or exit at TGG's NTA (which is higher than current trading price) in a buy-back that Templeton has agreed to do. TGG directors, who have been considering ...

Soul Patts to acquire LIC

KANIKA SOOD  |  TUESDAY, 22 JUN 2021
... all of its remaining shares for a total consideration of about $6 per MLT share via scrip. This is a premium to MLT's NTA (both pre-tax and post-tax) as well as its shares' current trading price. If successful, the transaction will take SOL from ...

Cashwerkz takes stake in boutique, plans rebrand

KANIKA SOOD  |  THURSDAY, 10 JUN 2021
... funding the purchase via a $14 million equity raise. It will spend the remaining on strengthening its responsible entity's NTA reserves, hiring about three distribution staff, and for additional settlement capacity. Lastly, Cashwerkz will also seek ...

Adviser numbers fall below 20k

KARREN VERGARA  |  THURSDAY, 3 JUN 2021
The number of authorised financial advisers has officially dipped to 19,922, declining about 11% compared to this time last year. As at June 3, Rainmaker analysis of ASIC's Financial Adviser Register shows that there are currently 2144 active AFSLs. ...

Investors greenlight LIC to ETF conversion

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
... same. Dogan said Perpetual hadn't received similar enquiries yet. "We are excited. The performance has been good [and] NTA is at market price," he said.

VGI appoints chief executive

KANIKA SOOD  |  WEDNESDAY, 7 APR 2021
... Australian Financial Review reported VGI was facing backlash from David Kingston and Malcolm McComas over the discount to NTA in VGI's listed funds. "I'm excited to work with Robert and the team to further enhance VGI's investor communications ...

LIC seeks options for performance woes

ANNABELLE DICKSON  |  WEDNESDAY, 31 MAR 2021
... options that seek to maximize shareholder value and will seek to address key shareholder concerns relating to the discount to NTA at which TGG shares trade." The 34-year-old LIC has picked up performance recently with returns of 18.02% over the six months ...

New York hedge fund invests in Thorney LIC

KANIKA SOOD  |  TUESDAY, 10 NOV 2020
... which Woodson came on board as substantial shareholder. It was priced at 35 cents a share, compared to 39.8 cent in pre-tax NTA for October. Woodson is a New York based fund that invests in global consumer and technology. It launched in 2010, with backing ...