AFIC

Funds management

There are likely to be fewer listed investment vehicles coming to market, according to one of Australia’s oldest listed investment companies, as they find it hard to cove...

Funds management

Australian Foundation Investment Company has reduced the number of its total holdings from 85 to 71, selling out of Perpetual and AMP due to ‘sustainable competitive adva...

Funds management

Australian Foundation Investment Company has seen profits rise by 45 per cent in 2019 to more than $400 million, as a result of ‘several one-off factors’. ...

Awards

An investment approach which takes into account a business as a whole has seen the Australian Foundation Investment Company to be named the top listed investment companie...

image
Policy & Regulation

Another survey, this time by the Australian Foundation Investment Company, has unsurprisingly found that many investors are deeply concerned by Labor’s proposed franking ...

Funds management

Australian Foundation Investment Company has reported a 62.5 per cent growth in net profit to $250.3 million from the previous corresponding period....

Funds management

Australian Foundation Investment Company has posted a 13.7 per cent rise in full-year profit, thanks to a lift in dividends....

Funds management

AFIC has posted a half year profit of $118.3 million, down 18.9 per cent, after a decline in investment income....

Funds management

LIC Australian Foundation Investment Company has reported a drop in profits from 2015 to 2016, but its return outperformed the index over 10 years. ...

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 1 week ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 1 week ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

1 week 3 days ago

The Reserve Bank of Australia has announced its latest interest rate decision following this week's monetary policy meeting....

2 weeks 5 days ago

A former financial adviser who stole $4.4 million from his family and friends to feed gambling debts has been permanently banned by ASIC....

3 weeks 2 days ago
moneymanagement logo