Category: Uncategorized

DOES SHAREHOLDER ACTIVISM WORK?

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.

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SHOULD PGF ASX TAKEOVER VG1 ASX?

This is a follow up post from a couple of weeks ago from my question whether IS LIC VG1 ASX ABOUT TO WIND UP OR CONVERT TO OPEN ENDED? – Value Investing for a living?

What has happened since this above post?

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IS LIC VG1 ASX ABOUT TO WIND UP OR CONVERT TO OPEN ENDED?

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.

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ASX LISTED INVESTMENT COMPANIES (LICs) PERFORMANCE FY 2022

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.

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AVOID THIS ASX LIC IPO!

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!”