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Showing 21 - 30 of 59 results for delist

Soul Patts finalises merger

ANNABELLE DICKSON  |  TUESDAY, 5 OCT 2021
... takes WHSP from its current market cap of $7.2 billion to $10.8 billion (about 50% higher pro forma). Milton is expected to delist from the ASX on October 6 and its team will transition to WHSP. In a June presentation, WHSP said the increase in its market ...

Boutique launches active hybrid ETF

ANNABELLE DICKSON  |  MONDAY, 20 SEP 2021
Daintree Capital has launched Australia's first bank hybrid fund in a single unit structure just months after delisting a cash ETF. The Daintree Hybrid Opportunities Fund invests in a diversified global portfolio of between 25 to 125 hybrid bank securities. ...

CBRE Clarion portfolio manager departs

KANIKA SOOD  |  TUESDAY, 17 AUG 2021
CBRE Clarion Securities senior analyst and portfolio manager Gavin Peacock has left the firm. CBRE Sydney office head and Asia Pacific team leader Justin Pica will continue to be lead portfolio manager for its A-REITs strategy, UBS said in a statement. ...

Another cash ETF bites the dust

KANIKA SOOD  |  MONDAY, 19 JUL 2021
... uses Perennial Investment Management as its multi-boutique partners and eInvest as the ETF issuer. Perennial is looking to delist ECAS by this Wednesday. "PIML considers it unlikely that the Fund will reach sufficient scale to be economically viable. ...

Soul Patts to acquire LIC

KANIKA SOOD  |  TUESDAY, 22 JUN 2021
... will take SOL from its current market cap of $7.2 billion to $10.8 billion (about 50% higher pro forma) while MLT will delist from the ASX and move its team to SOL. In a presentation, SOL said the increase in its market capitalisation will potentially ...

UBS shuts fund

KANIKA SOOD  |  FRIDAY, 14 MAY 2021
UBS Asset Management Australia is winding up the UBS-HALO Australian Share Fund. The termination was effective April 28. The strategy, where HALO stood for high alpha long term opportunity, invested in about 20 ASX-listed stocks. It is one of the lineup ...

Investors greenlight LIC to ETF conversion

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
Unitholders in the Monash Absolute Investment Company (MA1) yesterday voted in favour of converting the LIC to a listed open-ended fund. The Monash Absolute Investment Company (MA1) last year initiated the process to convert from the closed-ended structure ...

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
ETF Securities has closed two of its exchange traded funds after failing to reach sufficient size. The ETF Securities Global Core Infrastructure ETF (CORE) and the Enhanced USD Cash ETF (ZUSD) will be terminated after the last day of trading on 29 January ...

360 Capital raises bid for Evans Dixon

KANIKA SOOD  |  FRIDAY, 11 DEC 2020
... against an Evans Dixon subsidiary over advice it provided, pushing down shares over 12% by noon. The firm has since moved to delist its LITs that had a combined market cap of abut half a billion.