Never miss an update

Search Results

Showing results for 'FGG'

Future Generation Global Investment Company Limited

Fund Manager: Future Generation Global Investment Company
Inception Date: Sep 01, 2015

This is a guest post from Steve Green. Steve is a full-time investor with a focus on LICs, event-driven and activist investing. You can follow some of his ideas at his investment blog at www.valueinvestingforaliving.com Author’s note: In compiling this article I have used data as at 25th April, 2018. Recently I was checking out Morphic Ethical Equities Fund (MEC) and observed how fickle the premium / discount to NTA can behave. It is almost one year since listing and this type of pat ... [More]

Australia's first intensive outpatient program for young people with eating disorders and a targeted mental health national awareness campaign are among projects that investment guru Geoff Wilson's social investment funds are supporting. The Wilson Asset Management boss founded the "Future Generation" model as a way for the funds management and finance industry to "make a significant and ongoing impact to the community". [More]

Time for global active managers to outperfor ...

Steve Green from stevegreeny.com - Aug 24, 2017

This is a guest post from Steve Green. Steve is a full-time investor with a focus on LICs, event-driven and activist investing. You can follow some of his ideas at his investment blog at www.stevegreeny.com Most investors probably have an inkling that active fund managers are not doing a stellar job when it comes to outperforming the S&P 500 of late. Sometimes a chart is worth a thousand words, and here is one that ought to grab the attention of those with a penchant towards a mean revers ... [More]

It was an unconventional sales pitch from the doyen of Australian funds management, but it worked. Geoff Wilson’s two Future Generation listed investment companies — uniquely established to deliver social and investment returns — now have almost $700 million managed by the best fund managers who are intent on growing value for shareholders while donating their fees to charity. “My biggest concern in setting it up was asking fund managers to manage money for free,” Mr Wilson told The Australian. [More]

Australia’s first charitable-listed investment companies, set up to provide ongoing support for Australian not-for-profit organisations, are on track to donate a combined $6.82 million in 2017. Future Generation Investment Company Limited (FGX) says it expects to donate $3.82 million to Australian children and youth-at-risk charities this year and Future Generation Global Investment Company Limited (FGG) reports that it is on track to donate over $3 million to children and youth mental health charities. Announcing their financial results for the transitional six-month period to 31 December 2016, the companies said they would make a combined donation of at least $6.82 million to charity for the year ending June 2017. [More]

CommSec to broker for charity

The Australian - Oct 19, 2016

Two charitable listed investment companies founded and directed by Geoff Wilson and backed by billionaires Solomon Lew, Andrew Forrest, Alex Waislitz and the Smorgon family have struck a deal with online broker CommSec to facilitate more charitable giving by investors. The Future Generation Global Company (FGG) and the Future Generation Investment Company (FGX) give shareholders exposure to top local and international fund managers who donate part of their assets to charities. The fund managers waive all fees for investors. The CommSec partnership will allow the online broker’s customers to purchase shares in FGX and FGG without paying brokerage fees. [More]

Future Generation firms give kids a helping hand

The Australian - Jul 18, 2016

The two Geoff Wilson-chaired charitable listed investment companies backed by billionaires Solomon Lew, Andrew Forrest, Alex Waislitz and the Smorgon family plan to grow to be the ­second-biggest donors in the local not-for-profit sector as they expand their assets to be worth more than $3 billion over the next decade. The Future Generation Global Company and the Future Generation Investment Company, which give shareholders exposure to top local and international fund managers who donate part of their assets to charities, will today reveal a total combined donation of $4.7 million to Australian youth and children’s charities for the 12 months to June 30. FGG, which listed on the ASX in September, will deliver its inaugural annual donation of $2.4m to Australian charities focused on children and youth mental health. FGIC will provide $2.29m to Australian charities focused on children and youth at risk following an inaugural donation of $1.6m in 2015. [More]

5 listed funds to outperform a falling market

Motley Fool Australia - Feb 16, 2016

With the S&P/ASX 200 now down around 20%, and markets getting cheaper by the day, right now is the best time in a long time to buy stocks. However, it also might be a good time to consider investments that can provide some diversification if stock prices continue to fall. Here are five funds to consider: [More]

More global LICs needed to satisfy investor demand in 2016

Sydney Morning Herald - Jan 08, 2016

Listed investment companies may launch more global funds this new year as jittery investors chase international exposure, seeking respite from record-low interest rates and losses from the local sharemarket.  Nathan Umapathy, research analyst at Bell Potter Securities, said there remained a "huge gap" in available international LIC products for Australian investors looking to diversify their portfolios.  With more than $75 billion already wiped off the local bourse since the start of this year, investors may soon be knocking on the doors of fund managers and LICs for more global muscle. [More]

Find a Fund

>