Bell Potter LIC Weekly: Bailador validates PE valuations
Bell Potter analyst Hayden Nicholson updates developments in the LIC market. This week: Bailador validates PE valuations
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The Advantages of a Traditional LIC
Amid the massive boom in Listed Investment Companies (LICs) and Trusts (LITs) over recent years, there’s a lot to be said about the advantages of a ‘traditional’ LIC, such as AFIC.
Read MoreBell Potter LIC Weekly: KKR investment incentives
Bell Potter analyst Hayden Nicholson updates developments in the LIC market. This week: KKR investment incentives, Metrics institutional placement.
Read MoreBell Potter LIC Weekly: NAOS Asset Management Spotlight
Bell Potter analyst Hayden Nicholson updates developments in the LIC market. This week: NAOS Asset Management Spotlight.
Read MoreBell Potter LIC Weekly: ALF Suspended
Bell Potter analyst Hayden Nicholson updates developments in the LIC market. This week: ALF suspended.
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Bell Potter LIC Weekly: ESG integration, dispersion and performance
Bell Potter analyst Hayden Nicholson updates developments in the LIC market. This week: ESG integration, dispersion and performance.
Read MoreBell Potter LIC Weekly: Macroeconomic activity and two equity LICs to watch
Bell Potter analyst Hayden Nicholson updates developments in the LIC market. This week: Macroeconomic activity and two equity LICs to watch.
Read MoreBell Potter LIC Weekly: WAM Global Options Issue
Bell Potter analyst Hayden Nicholson updates developments in the LIC market. WAM Global Options Issue.
Read MoreBell Potter LIC Weekly: Attractive Global Growth Opportunities
Bell Potter analyst Hayden Nicholson updates developments in the LIC market. Attractive Global Growth Opportunities. WCM Global Growth (WQG). Thorney Re-Introduces Buy-Back.
Read MoreDemand for LICs Holds Steady as Sector Moves into 98th Year
The Listed Investment Company (LIC) and Listed Investment Trust (LIT) sector closed out 2020 with a sector market capitalisation of $52.8 billion, a reduction of just 0.6% over the 12 months.
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Bell Potter LIC Weekly: WAM, Magellan
Bell Potter analyst William Gormly updates developments in the LIC market. IBC Recommends CLF Shareholders Accept WAM Offer. Upcoming Magellan Partnership Offer.
Read MoreThe latest on PE1 from Pengana Capital
Pengana Capital sees its Private Equity Trust LIC (ASX: PE1) as a game-changer. This video explains why.
Read MoreDiscount vs Premium: How AFIC looks at NTA
As investors continue to look for opportunities to increase their exposure to shares against a backdrop of record-making low interest rates we believe it is important to reignite a conversation about how AFIC is valued.
Read MoreBell Potter LIC Weekly: Sohn Hearts and Minds Investment Conference
Bell Potter analyst Hayden Nicholson updates developments in the LIC market where in line with its investment strategy, Hearts and Minds Investments (HM1) are refreshing the conference portfolio.
Read MoreBell Potter LIC Weekly: LICs Or ETFs?
Traditionally, the main differentiating factor between ETFs and LICs was the employed style of management. However, with a growing suite of rule-based Exchange Traded Products, this is now much less pronounced.
Read MoreBell Potter LIC Weekly: Amicable Outcome For CIE Shareholders
Bell Potter analyst William Gormly updates developments in the LIC market where WAM Capital has announced and progressed with an unconditional off-market takeover bid for Contango Income Generator.
Read MoreBell Potter LIC Weekly: CLF Hits A Premium
Bell Potter analyst William Gormly updates developments in the LIC market where after trading at a persistent discount to its pre-tax NTA, Concentrated Leaders Fund has achieved a new milestone.
Read MoreBell Potter LIC Weekly: WLE Dividend Guidance
Bell Potter analyst William Gormly updates developments in the LIC market where the Board of WAM Leaders Limited (WLE) has announced its intention to deliver a 3.5 cent fully franked FY21 interim dividend.
Read MoreBell Potter LIC Weekly: August Performance
Bell Potter analyst William Gormly updates developments in the LIC market where strong gains across global equity markets has seen the arithmetic average share price to pre-tax NTA discount narrow from 11.2% to 8.8%.
Read MoreBell Potter LIC Weekly: Wilson Asset Management Submits Takeover Bid
Bell Potter analyst William Gormly updates developments in the LIC market where WAM Capital has announced an unsolicited conditional off-market takeover bid for Concentrated Leaders Fund.
Read MoreBell Potter LIC Weekly: Antipodes & Monash Investors Address Discounts
Bell Potter analyst William Gormly updates developments in the LIC market where Antipodes Global has committed to undertake a significant and innovative discount control mechanism.
Read MoreBell Potter LIC Weekly: Current Premiums & Discounts
Bell Potter analyst William Gormly updates developments in the LIC market and provides a review of premium/discount to NTA by investment mandate.
Read MoreBell Potter LIC Weekly: MFF To Issue Bonus Options
Bell Potter analyst William Gormly updates developments in the LIC market where the Board of MFF Capital Investments has announced the progression of a 1:5 pro rata non-renounceable bonus issue of options.
Read MoreBell Potter LIC Weekly: FGX Guidance On FY21 Interim Dividend
Bell Potter analyst William Gormly updates developments in the LIC market where Future Generation Australia (FGX) has announced the intention to provide a fully franked FY21 interim dividend of 2.6cps.
Read MoreBell Potter LIC Weekly: Magellan Consolidation Worth $15.6b
Bell Potter analyst William Gormly updates developments in the LIC market where Magellan has announced a proposed series of transactions, which will have the effect of consolidating its three existing Global Equities retail funds.
Read MoreBell Potter LIC Weekly: AFI Maintains Dividend, 5 Years Of Coverage
Bell Potter analyst William Gormly updates developments in the LIC market where Australian Foundation Investment Company Limited (AFI) has announced its preliminary results for the reporting period ended 30 June 2020.
Read MoreBell Potter LIC Weekly: The Dividend Debate
Bell Potter analyst William Gormly updates developments in the LIC market where the board of WAM Global Limited (WGB) has declared a fully franked final dividend of 4.0cps, bringing the FY20 net dividend to 7.0cps.
Read MoreAFIC Dips Into Reserves To Support Dividend As Profit Slips 40%
Australian Foundation Investment Co is dipping into reserves to pay an unchanged final dividend for the year to June 30 after a big fall in profit.
Read MoreBell Potter LIC Weekly: Strong Tailwinds In Blue Sky
Bell Potter analyst William Gormly updates developments in the LIC market where the Board of Blue Sky Alternatives Access Fund has announced it has entered into a deed of termination with the current investment manager.
Read MoreDjerriwarrh Halves Dividend As Income Stocks “Severely Underperform”
Listed investment company Djerriwarrh has taken the axe to its final and full-year payout to shareholders, despite only reporting a modest 4.1% drop in earnings for the year to June.
Read MoreAFIC Discuss Their Investment Process
Mark Freeman Chief Executive Officer & Managing Director at Australian Foundation Investment Co (ASX: AFI) provides an update on the LIC’s investment process and investing philosophy.
Read MoreBell Potter LIC Weekly: WAM Capital Outperforms, Maintains Dividend
Bell Potter analyst William Gormly updates developments in Australia’s listed investment company market where WAM Capital’s investment portfolio has delivered an outperformance over the benchmark of 4.4% in FY20.
Read MoreMirrabooka Holds Dividend Despite Weaker Result
Melbourne based LIC Mirrabooka Investments has given us the first hint of what the June 30 reporting season is going to be like for the sector – not pretty, and it has also given us a heads up about the wider market and especially the ASX 200 – not pretty either.
Read MoreBell Potter LIC Weekly: Rare Discount Capture Opportunity
Bell Potter analyst William Gormly updates developments in Australia’s listed investment company market and highlights Future Generation Global which has traded at an average discount wider than 20% this calendar year.
Read MoreThe Way Forward For The LIC & LIT Industry
What does the future hold for the LIC/LIT industry following the Treasurer’s decision to exclude listed investment entities from the stamping fee provisions available to other listed companies?
Read MoreBell Potter LIC Weekly: Clime Capital Cuts June Quarter Dividend
Bell Potter analyst William Gormly updates developments in Australia’s listed investment company market where Clime Capital has announced a 16% YoY cut to the fully franked June quarter dividend.
Read MoreBell Potter LIC Weekly: Lanyon Targets “Fundamentally Flawed” LIC
Bell Potter analyst William Gormly updates developments in Australia’s listed investment company market where Adelaide-based Lanyon Asset Management has taken aim at Contango Income Generator Limited.
Read MoreBell Potter LIC Weekly: Patience Is A Virtue
Bell Potter analyst William Gormly updates developments in Australia’s listed investment company market where MFF Capital Investments appears well-positioned with approximately $750m of cash in the portfolio.
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