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Showing 1 - 10 of 100+ results for "Investment Company"

Packhorse acquires trophy property, opens next raise

ANDREW MCKEAN  |  TUESDAY, 3 MAY 2022
Packhorse has acquired a 10,000-hectare South East Queensland property, Moolan Downs Aggregation which has brought the company's total assets under management to $104 million. The latest addition to the real estate investment company's portfolio ...

UBS Australia could be banned from Papua New Guinea

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 APR 2022
... billion and so they were pledged against their future projected value in a deal with the International Petroleum Investment Company. IPIC agreed that PNG would have the rights to buy back the shares in 2014, if it could raise the money to do so. But ...

Capital Group appoints to newly created role

CHLOE WALKER  |  TUESDAY, 22 MAR 2022
... goals and are relevant through multiple market cycles." "We are proud that our first strategy, Capital Group Investment Company of America, launched in 1934, is still available to investors."

WAM to acquire two LICs

KARREN VERGARA  |  THURSDAY, 23 DEC 2021
... acquire two other listed investment companies in a bid to take its market capitalisation to $2.3 billion. Westoz Investment Company (ASX: WIC) and Ozgrowth (ASX: OZG) have entered into an agreement with WAM to merge under separate transactions. WAM is ...

Consultation opens for CCIV draft bill

KARREN VERGARA  |  WEDNESDAY, 22 DEC 2021
... Fulbright. The framework drew from European funds operated under the UCITS Directive and the UK's open-ended investment company (OEIC). "More recently, Singapore has introduced laws providing for variable capital companies (VCCs) which has arguably increased ...

Takeovers Panel weighs in on WAM takeover

KARREN VERGARA  |  THURSDAY, 9 DEC 2021
... Wilson said his party's bid would increase by such an amount. Break costs are not uncommon in the listed investment company space. However, Wilson said that when WAM Global entered a scheme of arrangements with Temple Global no break fees were involved ...

LIC appoints former Wallaby as director

KARREN VERGARA  |  WEDNESDAY, 8 DEC 2021
A former Wallaby has joined the board of a Wilson Asset Management listed investment company. WAM Active (WAA) named Simon Poidevin as a director, replacing Emma Rugge Price, who served in the role for nearly four years. Poidevin spent 14 years at Citigroup ...

LICs, LITs move away from Aussie equities

ANNABELLE DICKSON  |  THURSDAY, 18 NOV 2021
... many benefits these structures offer," Irvine said. It comes as Lanyon Asset Management launched the Lanyon Investment Company Limited which mirrors the strategy of the 11-year-old Lanyon Australian Value Fund.

Pendal FUM rises despite mandate losses

KARREN VERGARA  |  FRIDAY, 15 OCT 2021
... during the quarter from insto clients. These included the loss of a $400,000 UK Dynamic mandate, and open-ended investment company (OEIC) products in which $200,000 came from Europe, $100,000 from the UK, while another $100,000 from Japan was wound up ...

WAM looks to acquire Asian equities LIC

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
WAM Capital is attempting to acquire a listed investment company that has a concentrated portfolio of listed Asian equities. WAM has its eye on PM Capital Asian Opportunities Fund (PAF), offering to pay $1.147 per PAF share. The proposed takeover bid ...
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