LIC & LIT LIC Latest News

Nodrog · 18th Sep, 2016

Bear with me folks, these initial posts are just being put here to get some threads started and to try to keep stuff orderly. Sorry If you've already seen these.

Investors Mutual to launch a new income focused listed investment company
http://www.iml.com.au/files/2016-08/IML launches new LIC_2.pdf

Australian LIC sector set to grow

Australian LIC sector set to grow

Australia’s listed investment company (LIC) pipeline is set to grow with the launch of several more companies slated for this year, according to Independent Investment Research.

BY KILLIAN PLASTOW
Wednesday, 14 September 2016

In its monthly LIC wrap, Independent Investment Research (IIR) noted that three managers – Investors Mutual Limited, Antipodes Partners, and H2 Ventures – are all launching new LICs.

H2Ocean, managed my H2 Ventures and which invests in fintech start-ups, is one of these LICs and IIR notes the company is looking to raise between $27.5 million and $55 million in its IPO. Shares are expected to commence trading on the ASX in October.

Both the Investors Mutual and Antipodes Partners LICs – the QV Income fund and the Antipodes Global Investment Company respectively – are looking to raise around $300 million with their IPOs.

The IPO of the Antipodes Global Investment Company, which will invest in a global long/short strategy, is expected to close on 30 September, IIR said.

Investors Mutual is yet to lodge a prospectus with the ASX, although IIR said this is expected to happen in October.
Click to expand...

Log in or Sign up

LIC & LIT LIC Latest News

Nodrog Well-Known Member

Log in or Sign up

LIC & LIT LIC Latest News

Nodrog Well-Known Member

Useful Searches