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Showing 71 - 80 of 151 results for "LICs"

PM Capital LICs add director

JAMIE WILLIAMSON  |  FRIDAY, 5 JUL 2019
... Andrew McGill who has indicated a likely desire to resign from the board following the issuing of financial results for the LICs.

Two LICs set to merge

KARREN VERGARA  |  WEDNESDAY, 19 JUN 2019
... shareholders will own about 19.2% of Clime Capital shares and 24.1% of its convertible notes if the deal goes ahead. The two LICs have similar mandates, investing across Aussie small, mid and large caps. Clime Capital listed in 2004, while CBG listed ...

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 ...