WAM goes global

One of the more successful Australian equity listed investment company managers, Wilson Asset Management, is branching out, with the launch of an international equity fund, WAM Global. The offer will open on May 1 and will be open until June…

The New Criterion

BPS Technology (BPS) 50c (trading halt) Retiring BPS Technology chief Trevor Dietz says it’s now “peace in our time” after a bruising shareholder revolt that almost saw the board of the Gold Coast based payments company overthrown at a recent…

Australian sharemarket outlook positive for the year ahead

The Australian sharemarket will continue to produce good returns in the financial year ahead, according to most of the investment market forecasts that have appeared in recent weeks. Other consensus views are that cash rates will stay low and that…

iSelect comes in from the cold

A little over a year ago the comparison website operator iSelect acknowledged that it had to deal with “substantial strategic and operational issues”, and it appeared to have few friends in the market. That has changed, with one of the…

WAM launches new microcap LIC

Investors tread warily in the listed investment company (LIC) market because of the tendency of LICs to trade at discount to their net tangible asset backing, making it difficult for shareholders to realise the full value of their investments. According…