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Showing 1 - 9 of 9 results for "TGG"

WAM Global performance rises

ANNABELLE DICKSON  |  FRIDAY, 16 JUL 2021
... will be announced on July 22. Late last month, WAM Global announced its plans to acquire the Templeton Global Growth Fund (TGG). WGB is already a shareholder in TGG and wants to acquire the shares it does not hold. In March, TGG said it was considering ...

WAM Global to acquire LIC

KANIKA SOOD  |  TUESDAY, 29 JUN 2021
... has entered a scheme of implementation arrangement with the discounted LIC Templeton Global Growth Fund to acquire 100% of TGG shares. WGB is already a shareholder in TGG and wants to acquire the shares it does not hold. TGG investors have two options ...

LIC seeks options for performance woes

ANNABELLE DICKSON  |  WEDNESDAY, 31 MAR 2021
Listed investment company Templeton Global Growth Fund (TGG) is considering a range of options to salvage shareholder value after a period of poor returns and consistent discount to its net-tangible assets. TGG's independent directors have announced ...

Sydney boutique hires former Franklin PM

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... Franklin Templeton on 2 December 2019, after managing then $257 million listed investment company Templeton Growth Fund (ASX: TGG), and then the $161 million unlisted Templeton Global Trust Fund since 2000. "Peter's joining the firm is a real vote of ...

Benchmark-lagging LIC faces strategic review

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... review of the fund's structure and operations, after an extended period of poor returns. The Templeton Global Growth Fund (ASX: TGG) returned -11.38% over the six months to June 30, with the fund returning -3.92% over a 12-month period. In comparison ...

Portfolio manager departs LIC

KANIKA SOOD  |  TUESDAY, 15 OCT 2019
... December 2019. Wilmshurst was the portfolio manager for the $257 million listed investment company Templeton Growth Fund (ASX: TGG), which has been around since 1987. TGG returned 4% before expenses, well behind the benchmark's 11.3% rise in FY19. He ...

Former BTFG executive named as TGG chair

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2017
... successor and an additional board member. Following five years in the role, James Killen has retired effective today and the TGG directors have named Chris Freeman as his replacement. Freeman, a senior strategic adviser to BT Financial Group, joined ...

Templeton director returns to the fold

ALEX BURKE  |  THURSDAY, 22 SEP 2016
... due to "short-term pressure of other commitments," but has returned as a non-executive director. This news follows what the TGG chair Tony Killen described in the fund's annual report as a "disappointing year," with the fund reporting an 11% decline ...

Timbercorp investors get $50k aid

RUTH LIEW  |  MONDAY, 13 JUL 2009
... $80,000 into the Timbercorp Growers Group. The dealer group is among a number of other companies giving monetary support to TGG, which opposes the winding up of Timbercorp's agribusiness schemes following its collapse. "The average person in the street ...
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