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Showing 31 - 40 of 124 results for "NTA"

Loftus Peak lists active ETF

KANIKA SOOD  |  MONDAY, 9 NOV 2020
... a solution to overcoming the perennial issue in the listed investment vehicle market of units trading at discounts to the NTA."

Evans and Partners looks to delist LITs

KANIKA SOOD  |  THURSDAY, 29 OCT 2020
... and Company said the change could improve liquidity, as investors go from being in thinly-traded vehicles at discounts to NTA to being able to enter or exit for a sell spread of about 20 bps. It is also looking to swap out current responsible entity ...

Willis Towers Watson director departs for LIC

ALLY SELBY  |  TUESDAY, 13 OCT 2020
... on investing in alternative asset opportunities and aiding the company's share price to trade at a premium to its pre-tax NTA. It comes after shareholders of embattled Blue Sky Alternatives Access Fund (previously listed on the ASX under the ticker code ...

Benchmark-lagging LIC faces strategic review

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... 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 fund is managed by Templeton Global Equity Group, a subsidiary of Franklin Templeton Investments ...

Watermark LIC seeks restructure

KANIKA SOOD  |  MONDAY, 28 SEP 2020
... representing 5.5% of ALF's units. "Memo to Geoff Wilson & John Abernethy... be fair, ALF has failed, give shareholders back their NTA," the two said in an advertisement in September 23's Australian Financial Review, which called attention to ALF's discount ...

Fund seeks to internalise management

KANIKA SOOD  |  FRIDAY, 25 SEP 2020
... Dividend guidance (7% to 8% of the NAV), NAV existing directors and key management personnel will be maintained. Risk profile and NTA (drops form $1.09 to $1) will have some changes. EDC had $41.4 million of committed capital at FY20 across eight investments. ...

Contango approves new WCM strategy

ALLY SELBY  |  MONDAY, 21 SEP 2020
... The investment company said its board remains focused on improved investment returns, addressing the share price discount to NTA, and generating distributable profits over time. During the EGM, 68% of shareholders who voted in the resolution voted in ...

WAM makes LIC takeover bid

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
... to Carrara Investment Management, controlled by Sokulsky, on July 1 which saw the average share price discount to pre-tax NTA jump to 12.7%. WAM slammed CLF's poor governance saying Carrara's appointment as manager went ahead without shareholder approval ...

WAM makes proposition plans public

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
... the current Contango Income Generator board of directors has failed to do," he said. "The placement at a 14.9% discount to NTA destroys value for shareholders who do not participate." In the past year, the CIE has recorded a NTA return of -20.75% and ...

Contango dumps investment strategy, opens raise

ANNABELLE DICKSON  |  THURSDAY, 13 AUG 2020
... shares at 62.5 cents per share. CIE has a policy to pay dividends of no less than 6.5% of the company's net tangible asset (NTA) value per share. Following a review of the strategy and dividend policy, CIE has been unable to sustain the dividend policy ...