Page 23 - Mark Carnegie News Today : Breaking News, Live Updates & Top Stories | Vimarsana

David Kingston’s ludicrously tiny VGI shareholding Save Share Rob Luciano’s Sydney hedge fund, VGI Partners, and David Kingston, an activist investor in VGI’s two listed investment companies. Kingston is within his rights to be displeased. Both LICs are bogged at an unedifying discount to their net tangible assets. From its listing in September 2017 until May 2019, VGI Partners Global Investments (ASX:VG1) traded at an average premium to its NTA of 5.4 per cent. But since May 2019 VG1 has traded at an average NTA discount of 12.2 per cent. At Tuesday’s close, the discount...

Advertisement Even as bitcoin soars in price and enjoys a wider demand as an asset, Australian investors and analysts are divided over its longer-term implications for cryptocurrency on the world. Sydney-based venture capitalist Mark Carnegie says that although bitcoin is flawed, cryptocurrency points to new possibilities for global finance that Australian policymakers ignore at their peril. “China understands that this is their weapon to replace the US dollar as the world’s reserve currency,” says Carnegie, of M.H Carnegie & Co. “And Australia is ignoring the whole issue....

Ethics professor Justin O’Brien sorry for collapse in Trust The former ethics and governance professor of The Trust Project is taking stock in Byron Bay after his professional life collapsed amid claims of unethical conduct, unpaid bills and corporate missteps. Former Monash academic Justin O’Brien’s profile has collapsed after he was investigated over an expenses rort, chased down for unpaid debts and charged with criminal assault and malicious damage of property.  Mar 17, 2021 – 12.00am Save Share In January this year, Justin O’Brien sat down and sent Greg Medcra...

The centuries-old practice of aristocratic titles only being passed on to male descendants could be about to come to an end, with several high-society heiresses set to inherit the family land and titles.  Boris Johnson is understood to have ordered the issue of male primogeniture be looked into as part of plans to make Parliament more welcoming to women. If the practice is abolished, it would mean for the first time first-born daughters would take on their father's peerage instead of younger sons, as seen in shows such as ITV's Downton Abbey. Here, FEMAIL reveals the stunning socialites w...

Laundy says quick thinking saved pandemic-hit pubs We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement Former federal member for Reid and pub owner-operator Craig Laundy has praised the quick efforts of the industry bodies and all governments in enacting policies and guidelines to keep the pandemic-hit sector afloat. Laundy, who runs the multi-million dollar family pub empire with his father Arthur, says any time an industry loses 10-11 weeks of business, its not good," Laundy told The Sydney Morning Herald and The Age. Laundy...