AFIC

Funds management

There are likely to be fewer listed investment vehicles coming to market, according to one of Australia’s oldest listed investment companies, as they find it hard to cove...

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Funds management

Australian Foundation Investment Company has reduced the number of its total holdings from 85 to 71, selling out of Perpetual and AMP due to ‘sustainable competitive adva...

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Funds management

Australian Foundation Investment Company has seen profits rise by 45 per cent in 2019 to more than $400 million, as a result of ‘several one-off factors’. ...

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Awards

An investment approach which takes into account a business as a whole has seen the Australian Foundation Investment Company to be named the top listed investment companie...

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Policy & Regulation

Another survey, this time by the Australian Foundation Investment Company, has unsurprisingly found that many investors are deeply concerned by Labor’s proposed franking ...

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Funds management

Australian Foundation Investment Company has reported a 62.5 per cent growth in net profit to $250.3 million from the previous corresponding period....

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Funds management

Australian Foundation Investment Company has posted a 13.7 per cent rise in full-year profit, thanks to a lift in dividends....

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Funds management

AFIC has posted a half year profit of $118.3 million, down 18.9 per cent, after a decline in investment income....

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Funds management

LIC Australian Foundation Investment Company has reported a drop in profits from 2015 to 2016, but its return outperformed the index over 10 years. ...

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 3 days ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks 1 day ago

Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

2 weeks 5 days ago