Latest Financial Services News

Navigator Global Investments has acquired a 4.5% stake in Canadian AI-focused growth equity firm Georgian through a USD 100 million investment, enhancing its exposure to AI-driven private markets.

BlackRock Investment Management (Australia) Limited has updated its estimated cash distributions for two key Australian iShares ETFs, with payments scheduled for mid-April 2026. Investors are reminded to update their details and complete tax certifications to ensure smooth dividend receipt.

Excelsior Capital Limited has announced a further fully franked special dividend of over $10 million amid its ongoing winding up process, alongside key board changes and plans for final capital returns.

Sequoia Financial Group has postponed its interim dividend payment to mid-May as it finalises the sale of InterPrac and awaits ASX guidance on a potential shareholder meeting.

Latitude Group Holdings has finalised the margin and size for its Capital Notes 2 offer, setting a 4.15% annual margin and allocating $130 million following a successful bookbuild.

BlackRock Investment Management (Australia) Limited has announced estimated cash distributions for a suite of Australian domiciled iShares ETFs, outlining key dates and participation details for investors.

Omni Bridgeway Limited has released a comprehensive analyst data pack showcasing its robust 40-year track record, diversified global portfolio, and strategic growth plans in the legal finance sector.

L1 Group has launched the IPO of L1 Gold Fund Limited, targeting a $900 million raise with founder backing and early closure due to strong investor interest. The fund will list on the ASX in April, continuing the strategy of its predecessor wholesale fund.

ARC Funds Limited and AUSBIZ Group have mutually cancelled the previously announced assignment of convertible notes in Ausbiz TV, reflecting a strategic shift following changes in ARC’s board and shareholder base.

Klevo Rewards’ subsidiary Fly Wallet has engaged top-tier law firm Hamilton Locke to establish the legal framework for its upcoming KLV stablecoin, aiming to ensure regulatory compliance in Australia’s evolving digital asset landscape.

Harmoney Corp Limited has reported a strong first half of 2026, surpassing previous full-year profits and upgrading its FY26 cash NPAT guidance to $13 million, driven by loan book growth and automation advances.

EML Payments has received Supreme Court approval for its $37.36 million shareholder class action settlement, enabling the company to refocus on its strategic growth plans.