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Showing 1 - 10 of 131 results for "NTA"

SMSF Adviser Network shuts its doors, 85 advisers vanish from FAR

MATTHEW WAI  |  FRIDAY, 10 APR 2026
SMSF Adviser Network (SAN) has closed its doors and subsequently seen its entire fleet of 85 advisers delisted from ASIC's financial adviser register (FAR). SAN's representatives were predominantly accountants who operated under a limited licence ...

ASIC considers changes to net asset requirements

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2026
ASIC is seeking feedback on options for increasing the net tangible assets (NTA) requirement for responsible entities of registered managed investment schemes. In addition, ASIC is looking at increasing the NTA requirements that apply to other fund ...

Hearts & Minds, WAM slash stakes in Corporate Travel Management

KARREN VERGARA  |  FRIDAY, 12 DEC 2025
... ultimately recommence trading at the same price it had at the time of its trading halt, it would have a positive impact on pre-tax NTA of 9 cents per share," HM1 told investors. Wilson Asset Management's LICs - WAM Active and WAM Capital - which ...

Brookfield, GIC seal $4bn National Storage REIT acquisition

RIDDHIMA TALWANI  |  MONDAY, 8 DEC 2025
... their stapled securities. The offer rewards NSR securityholders' investment with a significant certain cash premium to NSR's NTA (net tangible assets) as well as current and all-time historic trading levels," Brookfield and GIC said. "Brookfield and ...

WAM takes over PIA board, vows to lift underperformance

KARREN VERGARA  |  WEDNESDAY, 22 OCT 2025
... in March 2004 and has since returned about 7.9% p.a. At the end of September, its share price was $1.22 while its post-tax NTA was $1.37. Washington H. Soul Pattinson (WHSP) has the largest stake in PIA of about 12%, while WAM owns 8.5% and Saba Capital ...

Northern Trust Asset Management names president

JAMIE WILLIAMSON  |  THURSDAY, 4 SEP 2025
Michael Hunstad has been appointed president of Northern Trust Asset Management (NTAM), effective immediately. He replaces Daniel Gamba who had held the role since 2023. Hunstad will join Northern Trust's management group and report to chief executive ...

VG1 replaces investment manager, books massive loss

KARREN VERGARA  |  THURSDAY, 21 AUG 2025
... (TSMC), Vault Minerals, Entain, GQG Partners and Lloyds Banking Group were its top five largest long position holdings. "The [NTA] discount of 13% at 30 June 2025 is still materially better than the discount of more than 20% which existed in mid-2022 ...

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 ...
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