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

So we are now underwriting criminal scams?...

1 month 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

3 weeks 6 days ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 5 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 4 days ago