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Showing 31 - 40 of 242 results for "Listed investment company"

WAM Global performance rises

ANNABELLE DICKSON  |  FRIDAY, 16 JUL 2021
The $646 million listed investment company has announced a record investment portfolio for FY20, outperforming the index by 3.2%, ahead of its full-year results. WAM Global recorded investment portfolio performance of 30.7% and total shareholder return ...

AMP board adds former banking chief

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
... executive and management positions with Colonial. Hirst is currently a non-executive director of ASX-listed investment company AMCIL and private health insurer GMHBA. In the public sector, Hirst was a commissioner on the federal government's National ...

Soul Patts to acquire LIC

KANIKA SOOD  |  TUESDAY, 22 JUN 2021
... for new acquisitions and better index participation. Milton Corporation (MLT) is an Aussie equities listed investment company (LIC) with about $3.7 billion in assets, $3.9 billion in market cap and about 670,000 shares on issue. The LIC is also chaired ...

LIC restructures to ETMF

ELIZABETH MCARTHUR  |  THURSDAY, 10 JUN 2021
In a very rare move, a listed investment company has restructured to become an exchange traded managed fund - listing on the ASX today. The Monash Absolute Investment Company (MA1) has been restructured to become the Monash Absolute Active Trust (MAAT ...

LIC seeks options for performance woes

ANNABELLE DICKSON  |  WEDNESDAY, 31 MAR 2021
Listed investment company Templeton Global Growth Fund (TGG) is considering a range of options to salvage shareholder value after a period of poor returns and consistent discount to its net-tangible assets. TGG's independent directors have announced ...

Sydney boutique hires former Franklin PM

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... recently, Melbourne. He left Franklin Templeton on 2 December 2019, after managing then $257 million listed investment company Templeton Growth Fund (ASX: TGG), and then the $161 million unlisted Templeton Global Trust Fund since 2000. "Peter's joining ...

Willis Towers Watson director departs for LIC

ALLY SELBY  |  TUESDAY, 13 OCT 2020
... services giant, set to lead the investment manager's new alternative assets strategy. Dania Zinurova is the listed investment company's new portfolio manager, where she will focus on investing in alternative asset opportunities and aiding the company's ...

Benchmark-lagging LIC faces strategic review

ALLY SELBY  |  TUESDAY, 6 OCT 2020
A listed investment company with a 33-year history has announced its board will now undertake a strategic review of the fund's structure and operations, after an extended period of poor returns. The Templeton Global Growth Fund (ASX: TGG) returned -11.38% ...

Contango approves new WCM strategy

ALLY SELBY  |  MONDAY, 21 SEP 2020
The board of listed investment company Contango Income Generator (ASX: CIE) has voted in favour of adopting a new strategy which will see the portfolio managed by an $85 billion California-based global and emerging markets equities manager. The board ...

WAM makes LIC takeover bid

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
Wilson Asset Management has made an off-market takeover bid for geared listed investment company Concentrated Leaders Fund (CLF) as a result of its ongoing poor performance and management woes. WAM is offering shareholders two of its shares for 3.7 ...