LICs

Funds management

Platinum merger candidate opposes LIC conversion

L1 Capital, which is in talks to merge with Platinum Asset Management, has indicated it will be voting against a deal to convert a Platinum LIC into an ETF. ...

Funds management

PM Capital hits back at rejected Platinum bid

PM Capital has hit out at Platinum Asset Management, saying the firm only provided “limited engagement” following its bid for two listed investment companies....

Funds management

Platinum rejects PM Capital bid for LICs

Platinum Asset Management has rejected a bid from PM Capital to acquire its two listed investment companies....

Funds management

MA Financial & WAM launch listed investment vehicles

MA Financial Group’s new listed investment trust has hit the ASX, while Wilson Asset Management confirms the upcoming launch of its ninth listed investment company....

Funds management

ETFs v LICs: How do they compare?

Vanguard demystifies the key differences between ETFs and LICs, ranging from market exposure to the payment of dividends and fee deviations....

Funds management

Future is bright for LIC space

The listed investment company space could be a “holy grail” for investors who are increasingly seeking exposure to illiquid alternative assets such as infrastructure and ...

Funds management

Expect further LIC rationalisation

The listed investment company space is likely to see further rationalisation in the future as Geoff Wilson seeks opportunities for his Strategic Value trust....

Funds management

The four factors leading to LICs trading at a discount

While Wilson Asset Management is seeking mispricing opportunities in the listed investment company space, this does not necessarily mean those selected are underperformin...

Funds management

LICAT hits back at Monash criticism

The Listed Investment Companies and Trusts Association has disputed claims made by Monash Investors that the closed-ended structure is difficult to run, indicating the st...

Funds management

Aussie ETF industry up while LIC stagnate in May

While the Australian exchange traded fund industry continued to deliver strong growth in May, helped by sharemarket appreciation and growing net flows, the listed investm...

Funds management

LICs/LITs see no structural flaws

The claims of ‘flawed’ listed investment companies and listed investment trusts is a failure of selection rather than structure, according to Zenith Investment Partners. ...

Policy & Regulation

Hume calls for FASEA extension to return to business

Senator Jane Hume has called on the Labor Party to enable the FASEA extension to return to business after a ruling yesterday on listed investment companies. ...

Policy & Regulation

FPA welcomes LIC stamping fee extension

It has now called on the Senate to pass the FASEA extension bill, now that the Government has removed the exemption that allows stamping fees on listed investment entitie...

Financial planning

Who earned the stamping fee exemption millions?

The Australian Securities and Investments Commission has pointed to hundreds of millions earned by stockbrokers, advisers and advice firms as a result of the stamping fee...

Financial planning

Aussie investors adopt more defensive stance

More investors are looking to protect their assets and income from market falls and environmental, social, and governance factors are becoming a priority when selecting i...