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Showing 41 - 50 of 140 results for "LICs"

Plan for the worst, hope for the best

ALLY SELBY  |  THURSDAY, 21 MAY 2020
... mid-small cap team had taken advantage of equity raisings in the current environment, Wilson said. Although sentiment in LICs plummeted as markets fell, Wilson believes there will still be opportunity over the medium term. "Before the market fell, the ...

Australian ETF market shows strength

ELIZA BAVIN  |  WEDNESDAY, 20 MAY 2020
... 2016 and has become the preferred way to access diversified investments on the ASX, surpassing Listed Investment Companies (LICs). The report said socially responsible investing has become the most popular investing theme, growing 73%, due to increasing ...

Compliance crackdown, consultations on horizon: ASX

ALLY SELBY  |  TUESDAY, 12 MAY 2020
... into a consultation on listed investment companies and trusts, he revealed. "We're looking to do a consultation around LICs and LITs and exchange traded funds, just to try and bring those frameworks into some sort of alignment around portfolio transparency ...

BNY Mellon IM boutique heads for ASX mFunds

KANIKA SOOD  |  TUESDAY, 28 APR 2020
... with PIMCO's funds emerging as the most popular. At end of March, mFunds had 233 products (which is higher than ETFs, LICs and LITs, A-REITs and listed infrastructure funds) but $1.03 billion in funds under management (lowest of all listed fund categories ...

Fixed income liquidity squeeze bites

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... traded funds showed substantial discounts for the first time on March 12, and many listed investment companies and trusts (LICs and LITs) have long traded at discounts to their net tangible assets. Fixed income markets in March had far more sellers than ...

Ellerston LIC chair resigns

KANIKA SOOD  |  THURSDAY, 20 FEB 2020
... since 2016). He is also the executive chair of Ellerston Capital, which is the responsible entity and manager to the two LICs. "We wanted symmetry in the board composition. Ashok will be a manager for the LICs but will not be involved with them at a ...

Magellan cracks $100 billion

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
... away its stockholdings for free, it front-ran Treasury's current scrutiny into adviser/broker commissions on LITs and LICs last year and has been working on a retirement product.

PIMCO puts Aussie LIT on ice

KANIKA SOOD  |  MONDAY, 3 FEB 2020
... the brakes on its $1 billion listed investment trust, as the Treasury conducts a public consultation on stamping fees for LICs and LITs. PIMCO announced plans to raise for the LIT in November last year, in what was to be a first for the company in Australia. ...

Bearish sentiment bites Aussie investors

ALLY SELBY  |  THURSDAY, 30 JAN 2020
... proportion of their total portfolio to unlisted managed funds (7%, on average), while ASX-listed investments such as ETFs and LICs are gaining popularity (both 4%, up from 3% in 2018)," he said. "Users of managed investments do not limit themselves to ...

VanEck launches first active ETF

KANIKA SOOD  |  TUESDAY, 28 JAN 2020
... is in] interest of the investors," Neiron said. Neiron said VanEck doesn't pay any commissions to brokers/advisers unlike LICs and LITs, which will be subject to a Treasury consultation announced yesterday. "LIT structures are in the best interest of ...