The latest issue of Financial Standard now available as an e-newspaper

READ NOW

Search Results

Showing 41 - 50 of 131 results for "NTA"

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 ...

First Sentier bolsters board of directors

ALLY SELBY | THURSDAY, 6 AUG 2020

First Sentier Investors has appointed a non-executive director to its board, following the selection of two other independent directors. Susie Rippingall has nabbed the role, and will join recently appointed non-executive directors Michelle Tredenick ...

360 Capital eyes LIC

KANIKA SOOD | FRIDAY, 17 JUL 2020

... Melbourne-based Elstree Investment Management acts as the responsible entity. AYF was trading at a discount of 7.4% to its NTA as at May 29. It market cap stands at about $18 million. "360 Capital has been in discussion with AYF management for some time ...

Bennelong swoops on LIC trading at discount

KANIKA SOOD | MONDAY, 13 JUL 2020

... share price, and improving liquidity," AEG said in company filings. As at May 29, AEG was trading at a 5.2% discount to its NTA. Since its inception in 2015, the NTA has grown by 7.08% p.a. The LIC's board is currently weighing the offer. It includes ...

PAGE:

BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

Videos

Brought to you by

A guaranteed future

SMILE through retirement - tackling the top 5 (Sequencing, Market, Inflation, Longevity, Emotion) retirements risks

Global economic outlook and the case for local currency emerging market debt: Resilience, risk, and opportunity

Follow the leaders

Maintaining a fundamental focus in a world obsessed with the short term

Strength amid noise

The market has changed. The opportunity hasn't.

MORE VIDEOS

Products

'Guide To' Series

Pocket investment guides featuring adviser case studies and a glossary.

MORE INFO

Publisher's Forum

Investing trends and strategies from the industry’s thought leaders.

MORE INFO

Product Showcases

Putting the spotlight on investment products that matter.

MORE INFO

Expert Feed

Christian Mueller-Glissmann

Head of Asset Allocation Research

Goldman Sachs

When geopolitics becomes a portfolio risk

Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.

READ MORE

Tania Milnes

General Manager Membership

Financial Advice Association Australia

Does association membership still matter?

With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...

READ MORE