A few factors in recent times have led me to reflect on whether some funds known for shareholder activism perform well.
Sometimes it is ironic to see these funds trade at large discounts to NAV, yet often the activists have criticized other funds for this very reason.
In Australia, we are close to a decade from when a few activist style LICs launched, so surely that is long enough to judge to some extent?
An overseas activist fund is slowly building up some stakes in ASX closed end funds, so I thought it would also be interesting to check out some US activist funds.
Continue reading “DOES SHAREHOLDER ACTIVISM WORK?”
Pressure is on Regal Partner’s listed VGI Partners Global Investments (ASX:VG1) vehicle to address the large discount to NTA.
Considering converting to open-ended class might be better for Regal Partner’s bottom line in the long run, not to mention long suffering shareholders.
Continue reading “IS LIC VG1 ASX ABOUT TO WIND UP OR CONVERT TO OPEN ENDED?”
Here is my medium term ASX LIC performance comparison of the most popular LICs against relevant ASX index ETFs.
Continue reading “ASX LICs PERFORMANCE 4 YEARS TO 2023, WHICH IS THE BEST vs INDEX ETFs?”
The following table coming up captures the performance of many of the most popular ASX Listed Investment Companies (LICs) for the financial year of 2022.
Continue reading “ASX LISTED INVESTMENT COMPANIES (LICs) PERFORMANCE FY 2022”
How to buy ASX Listed Investment Companies (LICs)
Or not to buy?
Don’t fall for the hype of conflicted advice on ASX LICs IPOs and get hit with commissions
Warning fictional post about an IPO of an ASX Listed Investment Company (LIC). There is so much cheap money around I fear that if I don’t include such a warning, some will think this is real and want me to send them the prospectus! Continue reading “AVOID THIS ASX LIC IPO!”