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Myriam Robin

Hearts & Minds LIC oversubscribed in three days

Myriam RobinRear Window editor

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Magellan 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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    Original URL: https://www.afr.com/brand/rear-window/hearts--minds-lic-oversubscribed-in-three-days-20181018-h16t9z