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Showing 61 - 70 of 242 results for "Listed investment company"

VGI Partners' dual pitch to investors

KANIKA SOOD  |  WEDNESDAY, 15 MAY 2019
The Sydney hedge fund manager is raising $300 million for an existing listed investment company and $75 million to list its wider business. VGI Partners Global Investments Limited (ASX: VG1) completed a $98 million placement to sophisticated investors ...

Franking changes feared by shareholders

HARRISON WORLEY  |  TUESDAY, 19 MAR 2019
Shareholders of a listed investment company fear Labor's proposed franking credit changes will hit them hard. The Australian Foundation Investment Company said a survey of its shareholders reveals they expect to be heavily affected by the changes to ...

Channel Capital head of retail departs

KANIKA SOOD  |  THURSDAY, 14 MAR 2019
... retail distribution rights for the US-based strategy in Australia. It has raised $160 million across a listed investment company and an exchange traded managed fund, and is soon to launch an unlisted trust. "Leeshen's got deep relationships in the ...

Pinnacle boutique opens LIT offer

KANIKA SOOD  |  MONDAY, 11 MAR 2019
... companies. It currently has $3.4 billion in funds under management. This is the boutique's second listed investment company. In 2017, Metrics listed the MCP Master Income Trust (ASX: MXT). MXT's portfolio is lower risk with investments spread ...

Platinum LIC posts $29m in losses

KANIKA SOOD  |  WEDNESDAY, 20 FEB 2019
... Capital Limited posted $29 million in net losses after tax for the half year ending December 31. The listed investment company (ASX: PMC) has $446 million in funds under management, invests in developed and emerging markets businesses, and is managed ...

AFIC director retires

DARREN SNYDER  |  FRIDAY, 18 JAN 2019
... company's investment committee and nomination committee. She has been a director at Australia's oldest listed investment company since July 2013. In an ASX statement, AFIC said Hey had been "a valuable contributor to board and executive discussions reflecting ...

8IP signs on Sanlam Private Wealth

KANIKA SOOD  |  TUESDAY, 15 JAN 2019
... Private Wealth previously acquired 40% of 8IP, the latter said in company filings for its emerging markets listed investment company (ASX: 8EC). 8EC chair Jonathan Sweeney said Sanlam's arrival doesn't change the investment team or strategy. 8IP was ...

ETFs: Buy strategy not structure

DARREN SNYDER  |  THURSDAY, 15 NOV 2018
... Antipodes' first foray into exchange-traded products. Its global long-short strategy was launched as a listed investment company (ASX:ALP) more than two years ago. Findlay said there's potential for its Asian long-short strategy to become an ...

Pinnacle drops fees in Blue Sky fund bid

KANIKA SOOD  |  MONDAY, 5 NOV 2018
... according to LIC's directors. The two managers have put in proposals to gain the management of the listed investment company that has traded at a discount to its NTA, as it separates from its current manager Blue Sky Alternative Investments Limited ...

Star managers address low returns

KANIKA SOOD  |  TUESDAY, 30 OCT 2018
Portfolio managers of L1 Capital's billion-dollar listed investment company have addressed its underperformance after it delivered -6.3% for the quarter. The long/short listed investment company listed in April after raising $1.3 billion in the ...