Argo Global Listed Infrastructure Ltd Stock Forum

It has been reported that Tay Tay invests in closed-end funds (CEF). A CEF, in a nutshell, invests in a portfolio of shares and tends to be managed by an investment management firm.
However, if you want to buy into a CEF, you need to buy a share from someone who already holds one - this is why they are 'closed'.
If you're an Aussie who wants to follow in Swift's trading footsteps, listed companies (LICs) in Australia do essentially the same thing.
Here are 5 A...

G'day, mooers! Check out the latest news on today's stock market!
• Wall St extends gains
• Eurozone hiked interest rates by 75 bps to 1.25%
• Australian shares open higher on Friday, ASX 200 up 0.22 per cent
- moomoo News AU
Wall Street Summary
Wall Street's main indices overcame a mid-session wobble as Fed Chair Jerome Powell reaffirmed the bank's commitment to fighting inflation. Gains in banking, mining and healthcare st...