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

Platinum LICs combine boards

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
... PMC's current chair Margaret Towers. "As chairperson of this company [PAI] and Platinum's other listed investment company, Platinum Capital Limited (PMC), it has become clear that PAI and PMC face many common issues, not least in relation to ...

Walsh Capital signs four fund managers

KANIKA SOOD  |  MONDAY, 23 AUG 2021
... leaving the Future Generation LICs in April. She spent six years as the chief executive of both Future Generation Investment Company (FGX) and Future Generation Global Investment Company (FGG) "What I've been trying to find is clients who are new ...

Perpetual LIC turns around performance

ANNABELLE DICKSON  |  FRIDAY, 20 AUG 2021
The Perpetual Equity Investment Company (PIC) delivered its strongest net operating profit result to date at $108.4 million and outperformed the benchmark by 13.9%. The turnaround in profit comes after PIC delivered a negative net profit in FY20 at ...

New equities LIC heads for the ASX

KANIKA SOOD  |  MONDAY, 16 AUG 2021
A Sydney boutique is looking to raise $25 million for a listed investment company that will invest in local and global stocks. Lanyon Asset Management will run the offer from September 13 to September 24, priced at $5 per share to raise a total of $25 ...

WAM Global performance rises

ANNABELLE DICKSON  |  FRIDAY, 16 JUL 2021
The $646 million listed investment company has announced a record investment portfolio for FY20, outperforming the index by 3.2%, ahead of its full-year results. WAM Global recorded investment portfolio performance of 30.7% and total shareholder return ...

Active managers lead new ETF issuers

ANNABELLE DICKSON  |  MONDAY, 12 JUL 2021
... 15 products that were launched in total. This includes Monash Investors, which converted the Monash Absolute Investment Company into an active ETF. The Hyperion Global Growth Fund also launched on the ASX in March and the Coolabah Active Composite Bond ...

AMP board adds former banking chief

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
... executive and management positions with Colonial. Hirst is currently a non-executive director of ASX-listed investment company AMCIL and private health insurer GMHBA. In the public sector, Hirst was a commissioner on the federal government's National ...

Family offices should supplement super

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
... help their children financially, could seek an alternative strategy, such as the establishing of a personal investment company." An investment company can receive a loan from the family, invest the funds, and pay tax on earnings at the company tax rate ...

Soul Patts to acquire LIC

KANIKA SOOD  |  TUESDAY, 22 JUN 2021
... for new acquisitions and better index participation. Milton Corporation (MLT) is an Aussie equities listed investment company (LIC) with about $3.7 billion in assets, $3.9 billion in market cap and about 670,000 shares on issue. The LIC is also chaired ...

Super leaders recognised

ANNABELLE DICKSON  |  TUESDAY, 15 JUN 2021
... Insurance, Perpetual, ING Australia and a member of Chief Executive Women. She is also the chair of Perpetual Equity Investment Company and was previously a director at HCF Australia and a trustee director at Kinetic Super. Elsewhere, the former chief ...
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