Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Capital Continues to Flow Into LMIs Through April and May we have seen three more listed managed investment vehicles (LMIs) start trading on the ASX including two fixed income focused listed investment trusts (LITs), Perpetual Credit Income Trust (ASX:PCI) and MCP Wholesale Income Opportunities Trust (ASX:MOT). Refer to our LMI Monthly Update of 18 March 2019 for more details on these LITs. Pengana Private Equity Trust (ASX:PE1) units listed in April after it raised $205m, at the lower end of i...
Full Report can be accessed on The Ophir High Conviction Fund (OPH or ‘the Trust’) will be an approximate $425m market cap listed investment trust (LIT), listing on the ASX on Wednesday 19 December 2019. The Trust is managed by Ophir Asset Management (the ‘Manager’). The Trust will be converting from the unlisted unit trust The Ophir High Conviction Fund (the ‘Fund’), which has been hard closed since March 2018 and has an inception date of August 2015. Due to investment capacity co...
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