Rear Window
Hearts & Minds LIC oversubscribed in three days
Myriam RobinRear Window editorMagellan or Paradice? Caledonia, Regal or Cooper? Usually investors (with balances big enough) carefully allocate their capital to Australia's madly competitive fund managers.
But the charity-designated Hearts & Minds listed investment company offers a slice of all of them. Three days into a three-week roadshow ahead of the LIC's November listing on the ASX, the fund is already over-subscribed.
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Myriam Robin is Rear Window editor based in the Melbourne newsroom. A Rear Window columnist since 2017, she previously reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
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