John Kavanagh
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Contango closes global IPO offer

Contango Asset Management will close its offer for its new global fund on Thursday, having reached its minimum capital raising target of $55 million. The new listed investment company, Contango Global Growth Ltd, is expected to commence trading on the…

Pengana takes control of Hunter Hall funds

Following completion of the merger of Pengana Holdings and Hunter Hall International last week to form Pengana Capital Group, the company has announced changes to the Hunter Hall international equity portfolios. Hunter Hall Global Value Ltd (a listed investment company),…

Janus Henderson opens for business

Fund managers Janus Capital Group and Henderson Group PLC complete their merger today, marking the occasion with the unveiling of a new brand and the commencement of trading in new securities on the New York Stock Exchange and the ASX.…

Antares winds up small-cap fund

Antares Capital Partners has terminated its Antares Small Companies Fund, after determining that it could not find suitable replacements for departing portfolio managers. Antares expects to make final payments to investors in the $60 million fund by June 6. Portfolio…

Choosing investments the biggest headache for SMSF investors

Trustees of self-managed super funds say the biggest challenge they face in managing their funds is choosing what to invest in, according to new research. The latest Investment Trends Self-Managed Super Fund Investor Report shows that 31 per cent of…

ASIC to get more power to regulate ‘disputes’

The Government will maintain a co-regulatory approach to external dispute resolution in the financial services industry but the planned “one-stop shop” EDR scheme will face a much higher level of regulatory oversight. Following the Government’s announcement earlier this month that…

Government heeds call to extend equity crowdfunding

The Federal Government has responded to criticism of its new equity crowdfunding rules and has introduced a Bill that addresses the main sticking point by extending the new regime to proprietary companies. Corporations Amendment (Crowd-sourced Funding) Act 2017, which was…

Why sequencing risk hits SMSF investors hardest

SMSF investors are an anomaly in the Australian market. On average these investors are older and wealthier and exhibit far more control over their decisions than others in the $2.1 trillion super industry. This also makes them prime candidates for sequencing…

Bennelong backs Wheelhouse derivatives team

Bennelong Funds Management has added to its list of boutique asset management teams, announcing the formation of a partnership a group of asset managers to form a new business, Wheelhouse Investment Partners. Wheelhouse is headed by Alastair MacLeod, who was…

… as Brandywine goes unconstrained in pursuit of yield

Opportunities for investors looking for income-producing investments are expanding. The latest fund manager to launch an unconstrained fixed-income fund is Brandywine Global. The Legg Mason Brandywine Global Optimiser Fund is benchmark unaware and invests in a wide range of global…