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Showing 41 - 50 of 242 results for "Listed Investment Company"

LIC seeks conversion to ETF

KANIKA SOOD  |  THURSDAY, 3 SEP 2020
In a rare move, a listed investment company is looking to convert to an ETF in an attempt to close discount for investors. The Monash Absolute Investment Company (MA1) wants to restructure to an exchange traded managed fund (ETFMF) to re-set the market ...

WAM names new board member

ALLY SELBY  |  THURSDAY, 3 SEP 2020
... general meeting in November later this year. WAM founder and chair Geoff Wilson welcomed Pancino to the listed investment company. "Matthew is a noted technology, operations and transformation expert with 30 years' experience gained in leading organisations ...

Hearts and Minds donates almost $10m to charity

ALLY SELBY  |  TUESDAY, 1 SEP 2020
Listed investment company Hearts and Minds Investments (ASX: HM1) will donate $5.1 million to 10 charities this week, in addition to the $4.1 million it already donated in March. HM1 and its participating fund managers forego any investment or management ...

WAM makes proposition plans public

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
Wilson Asset Management has made public its bid to manage listed investment company Contango Income Generator (ASX: CIE), after the investment manager failed to respond to WAM's initial proposal. It comes after the manager of the fund, Contango ...

Hearts and Minds but no ratings

ALLY SELBY  |  TUESDAY, 21 JUL 2020
... well as a three year track record. Independent research house Zenith, in particular, cannot rate the listed investment company, as its founder is also Hearts and Minds' chair; a clear conflict of interest. "I've got a little bit of a bugbear ...

Ellerston LIC chair resigns

KANIKA SOOD  |  THURSDAY, 20 FEB 2020
... Investments (EAI) will now be chaired by Bill Best, who has been an independent non-executive director at the listed investment company's board since late 2018. Jacob remains a shareholder of EAI, with about 1.3% of the LIC's total shares (unchanged ...

Argo Investments' profit plunges

ALLY SELBY  |  MONDAY, 3 FEB 2020
Listed investment company Argo Investments' profit has taken a dive, falling 24.4% from the previous period. Yet Argo has maintained its half-year dividend at 16 cents per share fully franked. The company announced a half-year profit of $118.8 million ...

Advice group appoints director

ALLY SELBY  |  TUESDAY, 17 DEC 2019
... and a member of the Institute of Company Directors. Beard was previously the chief executive of ASX-listed investment company CVC Limited.

Clime launches new income fund

KANIKA SOOD  |  TUESDAY, 3 DEC 2019
... accounts ($462 million), followed by $357 million in managed funds and mandates and $142 million in its listed investment company. It reported an underlying cash profit of $3.2 million, up 46% from previous year's $1 million.

Copia secures exclusive partnership

ELIZA BAVIN  |  MONDAY, 18 NOV 2019
... Asset Management to provide exclusive retail distribution and marketing support for the fund managers listed investment company; ECP Emerging Companies. It will also act as responsible entity for the ECP Growth Companies Fund, which is yet to be launched ...