请输入您要查询的百科知识:

 

词条 Argo Investments
释义

  1. Establishment and history

  2. Investment philosophy

  3. Argo Global Listed Infrastructure (AGLI)

  4. External links

  5. References

{{Infobox company
| name = Argo Investments Limited
| logo =
| caption =
| type = Public
| traded_as = {{asx|ARG}}
| genre =
| fate =
| predecessor =
| successor =
| foundation = Adelaide, Australia ({{Start date|1946}})
| founder =
| defunct =
| location_city = Adelaide
| location_country = Australia
| location =
| locations =
| area_served =
| key_people = {{ubl|Jason Beddow (MD)|Tim Binks (COO)|Andrew Hill (CFO)|Andy Forster (SIO)}}[1]
| industry = Diversified investments
| products =
| services =
| revenue = {{profit}} A$ 134.6million (2006)
| operating_income =
| net_income = {{profit}} A$ 123.1million (2006)
| aum =
| assets =
| equity =
| owner =
| num_employees =
| parent =
| divisions =
| subsid =
| homepage = argoinvestments.com.au
| footnotes =
| intl =
}}

Argo Investments Limited is an Australian listed investment company (LIC), which trades its shares on the Australian Stock Exchange (ASX). Their diversified portfolio of shares are selected for profitability and long-term growth prospects at cost-effective prices. {{As of|2007}}, it is the second largest LIC in Australia.

Argo invests predominantly in shares of other companies listed on the Australian Stock Exchange.[2]

Establishment and history

Argo Investments Limited was established in Adelaide, South Australia in 1946 by Kevin Ward QC, solicitor, and Alf Adamson, a chartered accountant who had previously worked on company valuations. Sir Donald Bradman was chairman of the company from 1982 to 1984.[3]

In 1990, Argo acquired investment company Schroder Dual Fund Ltd, and in 1992 it acquired Stoddarts Holdings Ltd. Argo was involved in the establishment of other LICs, including Bounty Investments Ltd and Wakefield Investments Ltd, both of which Argo maintained an investment in. In 2001, Argo merged with both Bounty and Wakefield, after making successful takeover offers for both, on the basis of offering Argo shares in exchange for shares in the companies being acquired. These terms of acquisition allowed Bounty and Wakefield shareholders to be relieved from liability to pay capital gains tax on the disposal of their shares.

By 30 June 2010, the company's principal investments were A$266.1 million stake in BHP Billiton, $183.6 million in Westpac Banking Corporation, $159.6 million in Rio Tinto Group, $132.8 million in Macquarie Group and $132.1 million in Wesfarmers.[4]

The top 20 investments and Net Tangible Asset backing per share (NTA) are published regularly in the [https://www.argoinvestments.com.au/announcements/monthly-nta Monthly NTA newsletters].

Investment philosophy

Argo has maintained a conservative investment philosophy,[5] holding a diversified portfolio of investments in a large number of Australian listed public companies. It has historically paid regular semi-annual dividends to shareholders, with the 2017 full year dividend being 31 cents per share.[6][7]

Argo Global Listed Infrastructure (AGLI)

For the purpose of managing a portfolio of foreign company shares, Argo launched AGLI as a separate company and listed it on the ASX (code [https://www.asx.com.au/asx/share-price-research/company/ALI ALI]) on 3 July 2015.[8] The advantage to shareholders is a single "paper trail" of income from foreign sources.[9] AGLI is managed by ASCO, a wholly owned subsidiary of Argo.[10]

External links

  • [https://www.asx.com.au/asx/markets/priceLookup.do?by=asxCodes&asxCodes=ARG Latest Argo share price]
  • [https://www.asx.com.au/asx/markets/priceLookup.do?by=asxCodes&asxCodes=ALI Latest AGLI share price]

References

1. ^{{Cite web |url=https://www.argoinvestments.com.au/about/senior-management |title=The Executive team |publisher=Argo Investments |access-date=20 April 2018}}
2. ^{{Cite web |url=https://www.argoinvestments.com.au/about/the-company |title=About The Company |publisher=Argo Investments |access-date=20 April 2018}}
3. ^{{Cite web |url=https://www.argoinvestments.com.au/about/the-company/history |title=Company history |publisher=Argo Investments |access-date=20 April 2018}}
4. ^{{Cite web|url=http://www.heraldsun.com.au/business/argo-investments-profit-rise/story-e6frfh4f-1225899945065|title=Argo Investments profit rise|accessdate=23 December 2010|date=2 August 2010|publisher=Herald and Weekly Times}}
5. ^{{Cite web |url=https://www.argoinvestments.com.au/investment-process/philosophy |title=Investment philosophy |publisher=Argo Investments |access-date=20 April 2018}}
6. ^{{Cite web|url=https://www.argoinvestments.com.au/assets/docs/asx-announcements/Dividends-since-1986.pdf |title=Dividends paid since 1986 |publisher=Argo Investments |access-date=20 April 2018}}
7. ^{{Cite web|url=https://www.argoinvestments.com.au/shareholders/dividends |title=Dividends policy |publisher=Argo Investments |access-date=20 April 2018}}
8. ^{{Cite web |url=https://www.argoinvestments.com.au/about/the-company/argo-global-listed-infrastructure |title=Argo Global Listed Infrastructure |access-date=20 April 2018}}
9. ^{{Cite web |url=https://www.finnewsnetwork.com.au/Presentations/FNN_InvestorEvents_2018/Apr/Argo/index.html |title=Argo Global Listed Infrastructure (ASX.ALI) Presentation, FNN Investor Event, Apr 2018, Sydney |access-date=20 April 2018}}
10. ^{{Cite web |url=https://www.argoinfrastructure.com.au/about/the-manager/senior-management-team |title=AGLI Senior Management Team |access-date=20 April 2018}}

2 : Investment companies of Australia|Companies based in Adelaide

随便看

 

开放百科全书收录14589846条英语、德语、日语等多语种百科知识,基本涵盖了大多数领域的百科知识,是一部内容自由、开放的电子版国际百科全书。

 

Copyright © 2023 OENC.NET All Rights Reserved
京ICP备2021023879号 更新时间:2024/9/20 21:31:38