Latest Asset Management News

Pinnacle Investment Management has updated its dividend distribution details, confirming a fully franked ordinary dividend of AUD 0.27 per share and setting the Dividend Reinvestment Plan price at AUD 18.706.

Magellan Asset Management has announced a special distribution of 11.00 cents per unit for its Magellan Global Opportunities Fund – Active ETF, offering investors a timely income boost alongside a reinvestment option.

Regal Partners Limited has announced a fully franked ordinary dividend of AUD 0.06 per share for the six months ending June 2025, alongside confirmation of its dividend reinvestment plan price at AUD 2.70.

Pengana International Equities Limited has announced an on-market buy-back of up to 25.7 million ordinary shares, signaling a strategic capital management move without requiring shareholder approval.

Eildon Capital Group has received a $0.80 per security takeover offer from Samuel Terry Asset Management, prompting the board to recommend no immediate action while it forms an independent committee to assess the bid.

Platinum Asset Management reported significant net outflows in August 2025, reducing its funds under management to $7.6 billion. The decline was influenced by investor withdrawals and a special dividend tied to a corporate scheme.

Platinum Investment Management has disclosed a significant partial redemption of approximately $580 million by a major client, expected to impact funds under management in October and November 2025.

Platinum Asset Management reveals a sharp 86% drop in statutory net profit and a 39% plunge in funds under management for FY25, prompting a cancellation of the final dividend.

K2 Asset Management posted a 17% revenue increase and returned to profitability in FY25, declaring a fully franked dividend and signalling plans for mergers and acquisitions to accelerate expansion.

Metrics Master Income Trust (MXT) has announced a non-underwritten Unit Purchase Plan aiming to raise approximately A$120 million by offering new units to eligible unitholders in Australia and New Zealand.

Income Asset Management Group reported a robust FY2025 with significant revenue and client growth, alongside strategic cost reductions and a new product launch planned for FY26.

Income Asset Management Group reported a 22% revenue increase and a significant reduction in net loss for FY25, underpinned by strategic cost cuts, debt repayment, and governance enhancements. The Group also launched a new managed account product and announced key board changes.