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Showing 81 - 90 of 149 results for "LICs"

Blue Sky LIC gets a new suitor

KANIKA SOOD  |  WEDNESDAY, 24 OCT 2018
... Pinnacle's commitment to the listed investment company market as the addition of Alterum will take the assets managed in LICs by Pinnacle affiliates to over $2 billion," Macoun said. The new boutique is majority owned by Pinnacle.

New Pinnacle affiliate to manage Blue Sky LIC

KANIKA SOOD  |  THURSDAY, 18 OCT 2018
... Pinnacle's commitment to the listed investment company market as the addition of Alterum will take the assets managed in LICs by Pinnacle affiliates to over $2 billion," Macoun said. The new boutique is majority owned by Pinnacle. Alterum's mandate ...

ETFs attracting more money than LICs

KANIKA SOOD  |  MONDAY, 15 OCT 2018
... investment companies. The ETP market has just hit $42.3 billion in funds under management - that's $60 million more than LICs. The industry has grown at a compounded annual growth rate of 39% since 2009, while LICs have only grown at 11.5% CAGR in the ...

Contrarian manager enters super sector

DARREN SNYDER  |  MONDAY, 17 SEP 2018
... the curated list of managed funds does not have all the newest entries in the market - but it does include a range of ETFs, LICs, term deposits, managed accounts and a choice of insurers for advised clients. In an August blog post, Allan Gray Australia ...

Firetrail to launch $305m IPO

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
... said the boutique expects to break even this year, contingent on IPO whose plans had not been finalised then. Now trending: LICs Firetrail's IPO follow a trend in the funds management industry to launch LICs as managers eye retail money, which can ...

SMSF cash allocation dips

KARREN VERGARA  |  WEDNESDAY, 12 SEP 2018
... enhance performance," Commonwealth Bank head of SMSF customers, Marcus Evans said. CommSec found demand for international LICs and LITs is also on the rise. Between January 2018 and June 2018, the value of LIC and LIT trades executed by SMSFs rose from ...

The changing face of SMSFs

JAMIE WILLIAMSON  |  MONDAY, 10 SEP 2018
... stocks by trading value, while Alphabet Class A replaces Tesla in the top five when it comes to holdings. Use of international LICs and LITs is also on the rise for those looking to tap into new asset markets, particularly offshore. Between January 2018 ...

Advisers warming up to LICs

KANIKA SOOD  |  THURSDAY, 6 SEP 2018
... towards the IPO costs so you immediately have three cents less to your dollar, right after you invested," Clayton said. The LICs have since become much more shareholder-friendly and align better with the investors, resulting in advisers increased participation. ...

Former advice specialist hired as Zenith analyst

KANIKA SOOD  |  THURSDAY, 9 AUG 2018
... expanded its coverage universe significantly to meet advisor demand for more product structures. This includes recent ratings of LICs and ETFs.

Glennon Capital hires marketing director

KANIKA SOOD  |  TUESDAY, 7 AUG 2018
... absolute return portfolio. The strategies are offered as model portfolios on platforms, and to SMSF and retail investors through LICs. The now-$57 million small companies LIC (ASX: GC1) returned 8.6% for the quarter. Glennon's listed absolute return ...