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 a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
