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Showing 81 - 90 of 100+ results for "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 ...

New board directors at Future Generation

KANIKA SOOD  |  FRIDAY, 29 MAR 2019
... marketing and corporate communications Caroline Gurney have been appointed to the board of the Future Generation Investment Company (ASX: FGX). They join Wilson, David Paradice, Sandon Capital managing director Gabriel Radzyminski, Wilson Asset Management ...

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 ...

SMSF darlings revealed

KANIKA SOOD  |  MONDAY, 4 MAR 2019
... corporate debt. This was followed by Argo Investments (ASX:ARG), WAM Capital (ASX:WAM), Australian Foundation Investment Company (AFIC) and Magellan Global Trust (ASX: MGG).

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 ...

Investment manager appoints chief executive

KANIKA SOOD  |  WEDNESDAY, 30 JAN 2019
... building the bank's business division, IPO Wealth said in a statement. IPO Wealth is 100% owned by a boutique investment company called Mayfair 101. Its investment vehicle, called the IPO Wealth Fund, raised $80 million from Australian wholesale ...

LICs defy franking credit refund changes

KARREN VERGARA  |  TUESDAY, 22 JAN 2019
... two listed investment companies are rewarding shareholders with special dividends. The Australian Foundation Investment Company (AFIC) and Mirrabooka announced they will pay special dividends fully franked of eight cents and 10 cents per share respectively. ...

AFIC director retires

DARREN SNYDER  |  FRIDAY, 18 JAN 2019
A director at the Australian Foundation Investment Company (AFIC) is retiring today after a five-year stint on the board. Retiring from the AFIC board is Jacqueline Hey, a member of the company's investment committee and nomination committee. She has ...