Latest Asset Management News

Income Asset Management has sold its term deposit broking business to Perpetual Corporate Trust, streamlining operations and securing significant cost savings while ensuring client continuity.

Clime Investment Management has reported a solid operating profit for the June quarter, declared a fully franked dividend, and announced strategic expansions in staff and product offerings.

Regal Partners Limited reported a 7% increase in funds under management to $17.7 billion for the June quarter, driven by strong inflows and investment gains. The company also upgraded its performance fee and profit forecasts for the first half of 2025.

Income Asset Management Group Limited delivered its strongest quarter ever in Q4 FY2025, reporting record revenue and robust growth in funds under advice alongside positive operating cash flow.

Perpetual Limited reported a 2.5% increase in assets under management to A$226.8 billion for Q4 FY25, driven by strong market performance and inflows. The company reaffirmed its expense guidance and continues to pursue the sale of its Wealth Management business.

Future Generation Global has reported a robust 24.7% total shareholder return over 12 months alongside an increased fully franked interim dividend of 8.0 cents per share, underscoring its growing income stream.

Navigator Global Investments (NGI) reported a 7% rise in total firm-level assets under management (AUM) to USD 86 billion in the June 2025 quarter, driven by strong performance from Lighthouse Partners and strategic private markets.

Australian Ethical Investment Ltd has reported a record $13.94 billion in funds under management, driven by robust net inflows and disciplined ethical investing amid economic challenges.

Pengana Capital Group has reported a solid increase in funds under management, reaching $3.64 billion as of June 30, 2025, alongside modest net performance fees and upcoming distributions.

GQG Partners reported a record US$172.4 billion in funds under management as of June 30, 2025, despite relative underperformance due to a defensive portfolio stance. Net inflows remain solid but show signs of moderation compared to last year.

L1 Capital and Platinum Asset Management have formalised their merger with a binding agreement, promising continuity for L1 Long Short Fund's management and strategy.

Platinum Asset Management and L1 Capital have announced a strategic merger to create a diversified investment platform with $16.5 billion in assets under management, promising significant cost synergies and earnings accretion for shareholders.