September 2021
Soul Patts backs TPG despite headwinds
Washington H. Soul Pattinson is bullish on the future of TPG Telecom, despite the value of its holding in the telco falling more than 23 per cent in the previous financial year.
- Lucas Baird
Milton Corp’s $4b takeover finds proxy firm support
Listed investment company stalwart Milton Corporation is on track to disappear without a trace, after nearly 60 years on the ASX boards.
- Anthony Macdonald and Yolanda Redrup
June 2021
LICs face fresh pressure after Milton disappears
Milton is the latest in a run of listed investment companies that have morphed into a new portfolio structure or have wound down.
- Richard Henderson
- Opinion
- Chanticleer
Investors the winners in Soul Patts’ $4b transformation
The marriage of two of the country’s oldest investment houses should provide retail investors with access to assets available only to institutions.
- Tony Boyd
Soul Patts boosts ‘firepower’ through $10.8b Milton mega-merger
A proposed merger between two of Australia’s oldest listed investment houses would provide ammunition to diversify capital across multiple asset classes.
- Updated
- Alex Gluyas
August 2020
Milton Corp gets ahead of itself
Stephen Mayne says it was 'the height of arrogance' for Milton to publish the AGM notice and proxy form before its nominations closed.
- Myriam Robin
November 2019
The big discount danger of LICs
If $1 of assets is available for 80¢ in a listed investment company, is it a massive buying opportunity or a sign that times have changed?
- Tony Featherstone
12 tips for investing in LICs
An easy guide to choosing quality listed investment companies that suit your goals.
- Tony Featherstone
May 2017
AFIC warns bank dividends likely to bear brunt of budget levy
With $1.9 billion in big bank stocks, AFIC is puzzled and angry and suspects dividends will have to be cut lower than what they would have been.
- Updated
- Simon Evans and James Frost
January 2017
Hunter Hall shareholders bemused by founder Peter Hall's hasty exit
Shareholders of Hunter Hall say founder Peter Hall's shock decision to quit the investment firm he founded and dump his entire stake was disappointing and irrational.
- Updated
- Jonathan Shapiro
January 2016
Milton brushes off volatility to buy companies
The $2.7 billion Milton Corporation is loading up its portfolio with dividend paying stocks this year, using the market volatility as a chance to buy.
- Updated
- Ruth Liew
January 2015
BKI diversifies its portfolio to take advantage of growing sectors
Finance, healthcare, energy and infrastructure companies will be among the investment targets of the $900 million BKI Investment Company this year as it combs for increasingly scarce investment opportunities that offer good value in the Australian share market.
- Ruth Liew
Milton targets blue chip dividend growth
Investors of fifty seven-year old listed investment company Milton Corporation will pocket interim dividends of 8.5¢ per share - a 3.7 per cent rise from 2014 thanks to a lift in underlying profits.
- Ruth Liew
November 2014
- Opinion
- Opinion
No high diving allowed as Arowana $60m LIC looms
With the sharemarket having the wobbles again and defensiveness back in vogue, the folks at ASX-listed Arowana International are spruiking the virtues of value investing as they knock on doors with premarketing to raise up to $60 million for a new listed investment company.
- Sarah Thompson, Anthony Macdonald and Jake Mitchell
October 2014
What shares to buy for your children
Looking to create some security for your offspring? This list is a good place to start.
- Updated
- Matthew Smith
January 2013
Sleep-easy assets in volatile times
Conservative investors seek investments that provide higher returns than term deposits, and have less risk than holding a handful of shares directly. Such strategies are readily available, if you know where to look.
- Updated
- Tony Featherstone
July 2011
Milton passes dividend windfalls on to its investors
Listed investment company Milton Corporation has boosted its final dividend following a recovery in its portfolio company payouts during the year.
- Updated
- Jane Searle
November 2010
FED:Choiseul shareholders tick Milton merger
Choiseul Investments shareholders voted overwhelmingly to merge with its investment manager of 18 years to form one listed investment company with $2 billion in assets.
Financial Services briefs
QBE Insurance Group completed the acquisition of Secura NV in Belgium after it received regulatory approval.
August 2010
Position yourself for the next run
For all those investors who are switching from the capital growth merry-go-round to chasing yield, there appears to be a feast of choices available to them.
- Updated
- Tony Featherstone
