Latest Asset Management News

The WCM Quality Global Growth Fund posted a -5.20% return in July 2026, underperforming its MSCI benchmark as semiconductor stocks faltered. Despite short-term setbacks, the fund maintains strong long-term outperformance and is increasing exposure to AI-related companies.

GQG Partners edged up its total funds under management to USD 156.4 billion in July 2026, despite ongoing net outflows across key strategies. Investment gains helped offset client withdrawals, though year-to-date FUM remain down from December levels.

Pinnacle Investment Management delivered a 31.5% jump in net profit after tax to $176.7 million for FY26, boosted by full ownership of Pacific Asset Management and strong inflows across retail, institutional, and international channels.

Wilson Asset Management's active portfolio surged 75.5% in FY2026, vastly outperforming benchmarks and underpinning a generous fully franked dividend. The fund's pivot to AI, critical minerals, and small resources sectors underpins a cautiously optimistic outlook amid market volatility.

Regal Partners has reported a doubling of normalised NPAT to at least $90 million for 1H26, driven by record performance fees and strong net inflows. Funds under management climbed 6% to $21.4 billion, underpinned by robust demand across hedge funds and credit strategies.

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.