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Showing 71 - 80 of 149 results for "LICs"

UBS small caps team launches boutique

KANIKA SOOD  |  TUESDAY, 2 APR 2019
... series. We are very interested in ActiveX but we think open-ended funds are the way the industry is going [as opposed to LICs]." Wood says the team has no plans to add back micro-cap capability or to expand into building a shorting capability and will ...

SMSF darlings revealed

KANIKA SOOD  |  MONDAY, 4 MAR 2019
... focus has been on finding quality at a reasonable price, rather than just 'cheap' stocks." Most popular ETFs and LICs The number of SMSF investors holding at least one ETF increased 13% in the second half of 2018, following from a 5.8% increase ...

Pinnacle nears $50bn milestone

DARREN SNYDER  |  FRIDAY, 22 FEB 2019
... and now totalling $9.4 billion. The growth was seen across both affiliate fund managers and Listed Investment Companies (LICs). Pinnacle recorded net profit after tax of $10.1 million for the six months, an increase of 24.7% on 1H18. It also recorded ...

Former Macquarie executive joins LICs

KARREN VERGARA  |  THURSDAY, 31 JAN 2019
... and experience that the board currently has." NAOS Asset Management has more than $300 million invested across its three LICs, the third being NAOS Small Cap Opportunities Company (NSC). It applies an ESG screen across all its investments. The Sydney-based ...

LICs defy franking credit refund changes

KARREN VERGARA  |  TUESDAY, 22 JAN 2019
... they will pay special dividends fully franked of eight cents and 10 cents per share respectively. Managing director of both LICs, Mark Freeman said: "We continue to receive feedback from our shareholders about the significant negative impact they will ...

AFIC director retires

DARREN SNYDER  |  FRIDAY, 18 JAN 2019
... Barker is now a non-executive director at the LIC. Freeman oversees the investment strategy for AFIC and its three other LICs - Djerriwarrh Investments, Mirrabooka Investments and AMCIL.

Legalsuper expands member services arm

KARREN VERGARA  |  THURSDAY, 17 JAN 2019
... updates," Proebstl said. The fund's direct investment option - that enables members to invest in S&P/ASX300 shares, ETFs, LICs and term deposits - will be transitioned to a new platform operated by UBS with increased functionality and flexibility, Proebstl ...

Bentham AM launches mFund

KANIKA SOOD  |  WEDNESDAY, 12 DEC 2018
... strategy had raised just $2 million. However, Quin is convinced mFunds are the way to go for the strategy, above ETFs and LICs which have been rapidly raising money. "It is definitely the case that SMSFs are underexposed to credit," Quin says. "I don't ...

Merger to create $885m LIC

KARREN VERGARA  |  WEDNESDAY, 14 NOV 2018
... portfolio manager. He recently announced his retirement following 12 years at the WAM group. Stott remains a director of LICs WAM Capital and WAM Microcap. CYA shareholders will vote on the proposed scheme scheduled for January 2019. The CYA board said ...

Chief investment officer retires

DARREN SNYDER  |  TUESDAY, 30 OCT 2018
... of listed investment companies WAM Capital and WAM Microcap. He is currently the portfolio manager responsible for these LICs as well as WAM Research and WAM Active. He joined the fund manager in 2006, following a role at Challenger. Wilson said he has ...