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Showing 1 - 10 of 124 results for "NTA"

Platinum funds merger to go ahead

ELIZA BAVIN  |  MONDAY, 7 APR 2025
... credit," Platinum said. "The vast majority of closed ended vehicles investing in listed equities trade at large discounts to NTA, with a number of closed ended vehicles, in recent years, having been wound up or converted to open ended structures like ...

PM Capital confirms proposal to acquire Platinum funds

ANDREW MCKEAN  |  FRIDAY, 28 FEB 2025
... funds the option to swap their holdings for its shares at "material premiums" to recent share prices and net tangible assets (NTA) or take a cash-out instead. For its Platinum Capital proposal, shareholders can swap their shares for PGF shares at a rate ...

Charter Hall, Hostplus takeover offer for HPI rejected

ELIZA BAVIN  |  MONDAY, 21 OCT 2024
... the portfolio in the absence of a compelling offer". "The offer price does not provide security holders any premium to HPI's NTA in contrast to ASX listed REIT transaction precedents," HPI said in a statement. "HPI owns a high-quality portfolio that ...

Robeco specialist poached by Northern Trust

ELIZABETH FRY  |  FRIDAY, 20 SEP 2024
A senior member of Robeco's local quant team has quit the Dutch asset manager to join a former colleague at Northern Trust Asset Management. Jan Rohof - the firm's technical quant investment specialist based in Sydney - is joining former Robecco ...

WAM Active returns 30%, beats indices

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
... million, up nearly 50% year on year. Meanwhile, operating profit after tax of $8.3 million rose 43% from $5.8 million. Pre-tax NTA grew 22.4% year on year. Oberg noted the absence of IPOs on the ASX is a concern as there were few new listings in FY24. ...

Morningstar reveals top three undervalued stocks

ELIZA BAVIN  |  MONDAY, 24 JUN 2024
... gradually recover, about in line with inflation for the remainder of our forecast period. Dexus' stated net tangible assets (NTA) has declined materially since the pandemic and is now below our valuation." Morningstar said the high-quality portfolio ...

Platinum shutters London operations, UCITS funds

KARREN VERGARA  |  WEDNESDAY, 19 JUN 2024
... sufficient scale to generate the liquidity required to maintain share prices close to the underlying net tangible assets (NTA)". Platinum ended May with $13.6 billion in assets under management, driven by net outflows of about $295 million that includes ...

Northern Trust Asset Management hires head of global ETFs, funds

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2024
Northern Trust Asset Management (NTAM) will welcome David Abner as head of global ETFs and funds. Reporting to NTAM global head of product Paula Kar, Abner will be responsible for NTAM's mutual fund and ETF product strategy, research and development ...

Platinum announces strategic review

ELIZA BAVIN  |  FRIDAY, 26 APR 2024
... sufficient scale to generate the liquidity required to maintain share prices close to the underlying net tangible assets (NTA)". Platinum said PAI and PMC were not immune to the affects of the general market sentiment and as such a formal strategic review ...

Charter Hall acquires stake in hotel REIT

KARREN VERGARA  |  TUESDAY, 2 APR 2024
... Charter Hall expects HPI to generate an annualised FY24 distribution yield of 5.7% and a 15% discount to HPI's last published NTA per stapled security. 360 Capital Group said the sale price represents a premium of $13.9 million above its 31 December ...
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