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OFX Bid Sparks Finance Rally as Wealth Platforms Post Strong Growth
11:32am on Saturday 25th of July, 2026 AEST
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OFX Bid Sparks Finance Rally as Wealth Platforms Post Strong Growth
11:32am on Saturday 25th of July, 2026 AEST
Key Points
OFX jumped on a cash bid at a 108% premium.
GDG surged after strong funds growth and a Colonial First State deal.
Wealth platforms and fund managers reported rising inflows, advisers and assets.
Lenders posted solid loan growth, but some capital raisings and leadership changes weighed on prices.
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