AUSTRALIAN FOUNDATION INVESTMENT COMPANY

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...

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
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

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’...

2 months 2 weeks ago

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

3 months 1 week ago

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

3 months 2 weeks ago

BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size....

2 weeks 6 days ago

The central bank has released its decision on the official cash rate following its November monetary policy meeting. ...

2 weeks 6 days ago

The CEO of L1 Group, formerly known as Platinum Asset Management, has stepped down with immediate effect, and the asset manager has announced his replacement....

3 weeks 5 days ago
moneymanagement logo