188:. 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
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Argo has maintained a conservative investment philosophy, holding a diversified portfolio of investments in many
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.
150:(ASX). Its 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.
220:) on 3 July 2015. The advantage to shareholders is a single "paper trail" of income from foreign sources. AGLI is managed by ASCO, a wholly owned subsidiary of Argo.
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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
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The top 20 investments and Net
Tangible Asset backing per share (NTA) are published regularly in the
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402:"Argo Global Listed Infrastructure (ASX.ALI) Presentation, FNN Investor Event, Apr 2018, Sydney"
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In 1990, Argo acquired investment company
Schroder Dual Fund, and in 1992 it acquired
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Argo invests predominantly in shares of other companies listed on the ASX.
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177:who had previously worked on company valuations.
460:Financial services companies established in 1946
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181:was chairman of the company from 1982 to 1984.
161:Argo Investments Limited was established in
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212:Argo Global Listed Infrastructure (AGLI)
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146:(LIC), which trades its shares on the
381:"Argo Global Listed Infrastructure"
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357:. Argo Investments. Archived from
240:. Argo Investments. Archived from
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465:Investment companies of Australia
192:on the disposal of their shares.
470:1946 establishments in Australia
173:, solicitor, and Alf Adamson, a
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423:"AGLI Senior Management Team"
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455:Companies based in Adelaide
330:"Dividends paid since 1986"
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157:Establishment and history
148:Australian Stock Exchange
144:listed investment company
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16:Australian public company
140:Argo Investments Limited
22:Argo Investments Limited
308:"Investment philosophy"
197:Monthly NTA newsletters
59:Diversified investments
169:in 1946 by Kevin Ward
132:argoinvestments.com.au
203:Investment philosophy
238:"The Executive team"
175:chartered accountant
123:$ 174 million (2021)
264:"About The Company"
23:
355:"Dividends policy"
335:. Argo Investments
310:. Argo Investments
288:. Argo Investments
266:. Argo Investments
186:Stoddarts Holdings
108:Andy Forster (SIO)
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286:"Company history"
190:capital gains tax
142:is an Australian
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105:Andrew Hill (CFO)
99:Jason Beddow (MD)
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431:. Retrieved
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73:Headquarters
27:Company type
18:
449:Categories
224:References
92:Key people
84:Australia
39:Traded as
433:20 April
407:20 April
386:20 April
365:20 April
339:20 April
314:20 April
292:20 April
270:20 April
248:20 April
163:Adelaide
78:Adelaide
55:Industry
128:Website
65:Founded
47::
31:Public
333:(PDF)
435:2018
409:2018
388:2018
367:2018
341:2018
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294:2018
272:2018
250:2018
68:1946
218:ALI
49:ARG
45:ASX
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171:QC
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