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Showing 61 - 70 of 225 results for "Listed Investment Company"

Boutique manager to launch LIC

KANIKA SOOD  |  MONDAY, 3 SEP 2018
A $2.3 billion boutique fund manager is set to launch a listed investment company based on an in-house strategy that has delivered 57.2% in compound annual returns in the last three years. Tribeca Investment Partners is aiming to raise up to $250 million ...

WAM Capital announces LIC takeover bid

KARREN VERGARA  |  FRIDAY, 31 AUG 2018
WAM Capital is attempting to takeover a listed investment company managed by Perennial that it says has consistently "underperformed" since inception. WAM Capital made a conditional off-market takeover bid for Wealth Defender Equities Limited (ASX ...

YBR rejects 'opportunistic' takeover bid

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... Resources. In July, Mercantile announced it would acquire all the shares in IPE, a private equity-focused listed investment company. IPE directors unanimously recommended shareholders accept the offer in the absence of a superior proposal, with the Mercantile ...

AFIC appoints chair

KANIKA SOOD  |  WEDNESDAY, 15 AUG 2018
Australia's oldest listed investment company is seeing a change of guard in its corporate governance as the current chair retires after 34 years on the board. Terrence Campbell will not seek re-election at the October 9 annual general meeting of the ...

Pengana LIC profitable again

KANIKA SOOD  |  WEDNESDAY, 15 AUG 2018
Pengana's listed investment company posted solid profits for the financial year, springing back from last year's losses of $23 million. Pengana International Equities (PIA) raked in a total investment income of $40 million, up 260% over the ...

Boutique fund manager eyes second LIC

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
A Sydney-based international equities manager will soon launch its second listed investment company (LIC) with plans to raise upwards of $300 million for the new venture. Cadence Capital confirmed it will launch an initial public offering (IPO) for ...

Contango hires K2 distribution heads

KANIKA SOOD  |  WEDNESDAY, 11 JUL 2018
... Management, which among other things gave Contango an access to a retail licence. Since then, CGA has cut its listed investment company's cash allocations. It has also launched a new ETMF, overseen by a US-based investment partner. WCM Quality Global ...

Investors sharpen watch on RMBS

KANIKA SOOD  |  MONDAY, 9 JUL 2018
... What is certain is several fund managers are keen on RMBS in 2018. The Gryphon Capital Income Trust - a listed investment company which started trading in May on the heels of a $175 million initial public offer - held 73% of its portfolio in RMBS as ...

Mercantile takeover of private equity fund moves ahead

HARRISON WORLEY  |  THURSDAY, 5 JUL 2018
Mercantile OFM is moving towards the acquisition of all shares in a private equity-focused listed investment company (LIC). In an announcement to the ASX, IPE directors unanimously recommended shareholders accept the offer in the absence of a superior ...

PM Capital offers new LIC

KANIKA SOOD  |  TUESDAY, 3 JUL 2018
... Global Opportunities Fund (ASX: PGF) and its subsidiary PM Capital GO 2025 yesterday announced a new listed investment company. PTrackERS, is a specially-developed converting security. In seven years' time, PTrackERS security holders will have the ...