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Aurora Global Income Trust

Fund Manager: Aurora Funds Management
Inception Date: Dec 01, 2007

Disgruntled investors in three Aurora listed funds have failed in their bid to replace the responsible entity after the fund management firm issued more shares ahead of the unitholder vote. In a highly unusual extraordinary general meeting held at the Police and Justice Museum in Sydney, motions to replace Aurora in its role overseeing the management of two funds – The Aurora Property Buy Write Fund and the Aurora Global Income Fund – were defeated after the share registers were expanded by 13.3 per cent and 44.7 per cent. The issue of additional shares appeared to increase the amount of votes required to remove Aurora as the responsible entity of the funds. [More]

Antipodes Partners have today launched their new Listed Investment Company (LIC) IPO, Antipodes Global Investment Company Limited (APL), which is aiming to raise up to $220m. Antipodes Partners are likely relatively unknown to most investors, they haven't been around too long, launching their first 3 managed funds in July 2015, however they have offer an impressive pedigree, with ex Platinum Asset Management Deputy Chief Investment Officer, Jacob Mitchell at the helm. They also boa ... [More]

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