Latest Asset Management News

Perpetual Limited has formally dismissed EQT AB’s improved but conditional acquisition proposal, deeming the offer insufficient for shareholders amid ongoing strategic shifts.

Income Asset Management Group (ASX:IAM) closed FY2026 Q4 with a record $2.12 billion in trade turnover and resolved key fraud and litigation matters, while its Managed Discretionary Account grew to $23 million.

AMP Limited has lifted its underlying net profit after tax (NPAT) guidance for the first half of 2026 to $170 million-$180 million, driven by stronger China partnerships and recognition of carried interest from legacy asset sales.

Navigator Global Investments boosted its ownership-adjusted assets under management by 6% to USD33.6 billion in Q4 FY26, driven by strong hedge fund performance and significant net inflows, setting a robust platform for FY27.

Australian Ethical reached a new record of $14.5 billion funds under management at June 30, 2026, driven by strong superannuation inflows and strategic investments amid challenging market conditions.

L1 Group’s funds under management climbed 12.4% in Q4 2026, buoyed by inflows into its Gold Fund IPO and Long Short strategies, while FY26 performance fees are set to reach up to $167 million.

GQG Partners reported a decline in funds under management to USD 156 billion as of June 30, 2026, driven by net outflows of USD 15.1 billion in the first half of the year. Positive investment returns partially offset the outflows, but strategies underperformed benchmarks over the period.

Magellan Investment Partners has announced final distribution amounts for four of its funds ending 30 June 2026, with key dates set for early July and a Distribution Reinvestment Plan available to investors.

GQG Partners saw its total funds under management decline to USD 163.3 billion at the end of May 2026, dragged down by net client withdrawals and negative investment returns across core strategies.

GQG Partners reported a modest rise in funds under management to USD 166.9 billion at the end of April 2026, driven by strong investment returns that offset ongoing net client withdrawals. The firm also declared a quarterly dividend consistent with its recent payout policy.

Regal Partners showcased its diversified $21 billion funds under management and ongoing growth momentum at the Macquarie Australia Conference, emphasising strong inflows, product innovation, and offshore expansion.

Magellan Asset Management is shifting its flagship MGOC ETF to a new systematic equity strategy managed by Vinva Investment Management, slashing fees and eliminating performance charges.