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Showing 411 - 420 of 504 results for "Investment Company"

Another LIC fails

MICHAEL HOBBS  |  THURSDAY, 8 JUL 2010
Shareholders in listed investment company (LIC), India Equities Fund, have voted to return capital to investors - highlighting another example of the weaknesses of LIC vehicles. More than 95 per cent of the fund's investors voted for the board's proposed ...

ASIC charges ACR directors

ASIC RELEASE  |  TUESDAY, 27 APR 2010
... Prospectus 6, which was lodged in April 2004 and contained financial statements of ACR's parent company, Castle Investment Company (CIC) and controlled entities as at the end of December 2003. The statement recorded a profit before income tax in December ...

SEC launches derivatives review

SEC RELEASE  |  FRIDAY, 26 MAR 2010
... staff will explore a number of issues relating to the investment strategy and the regulations imposed by the Investment Company Act of 1940 including whether funds that rely on derivatives have appropriate risk management procedures in place. The review ...

Van Eyk travelling quite well: Thomas

MICHAEL HOBBS  |  WEDNESDAY, 17 MAR 2010
... Planning Solutions ended its 10-year relationship with the firm this month. In addition, the firm's listed investment company, van Eyk Three Pillars', made headlines after its board was ousted with the help of financial planning dealer group, Dixon Advisory ...

VTP board backs capital return to shareholders

MICHAEL HOBBS  |  TUESDAY, 23 FEB 2010
... that unfolded five months ago, when financial planning firm Dixon Advisory helped oust the board of listed investment company van Eyk Three Pillars, culminated this week with the proposal to return capital back to shareholders. The board and an independent ...

Prison sentence for finance fraudster

ASIC RELEASE  |  FRIDAY, 19 FEB 2010
Hugh Charles Gordon, the former head of Newcastle investment company Whet Investments, was sentenced to 18 months jail, for fraud. Gordon, of Redheads, New South Wales, will be released after serving eleven months but will have to enter into a recognizance ...

Platinum Capital appoints chairman

COMPANY RELEASE  |  MONDAY, 26 OCT 2009
... retire as director of the company, following the conclusion of the firm's AGM. Platinum Capital is a closed end investment company listed on the Australian Securities Exchange.

VTP appoints two more directors

COMPANY RELEASE  |  TUESDAY, 13 OCT 2009
Listed investment company van Eyk Three Pillars (VTP) has appointed Stuart Nisbett, a former top executive at ANZ and Rothschild, and John Vatovec, previously a fund manager at Lowy Family Group, as board members. The appointments come less than two ...

Macquarie enters China JV

RUTH LIEW  |  FRIDAY, 28 AUG 2009
... venture. The two companies are controlled by several state owned companies including State Development and Investment Company (SDIC), one of China's largest investment holding companies, noted the statement. The trust company already has government and ...

Dixon criticises Premium buy-back scheme

MICHAEL HOBBS  |  WEDNESDAY, 8 JUL 2009
... the firm was taking a strong line on this issue because a number of its clients are invested in the listed investment company. "So we feel it's in their best interest that the share price trades as close as possible to NTA so they can enter and exit ...