Latest Financial Services News

ARC Funds Limited has voluntarily suspended trading on the ASX pending a crucial announcement about its proposed capital raising, signaling a pivotal moment for the investment fund.

Betashares Capital Ltd has announced the estimated annual distribution breakdown for its Nasdaq 100 Currency Hedged ETF (HNDQ) for the 2024-25 financial year, highlighting a dominant non-cash capital gains component and a full cash payout.

Betashares Capital Ltd has released the estimated annual distribution components for its Global Shares Currency Hedged ETF (HGBL) for the 2024-25 financial year, highlighting a nuanced mix of foreign income and capital gains.

Betashares Capital Ltd has disclosed the estimated annual distribution components for its Global Banks Currency Hedged ETF (ASX, BNKS) for the fiscal year ending June 2025, highlighting a significant foreign income portion and a full cash payout.

Betashares Capital Ltd reveals the estimated annual distribution breakdown for its Australian Sustainability Leaders ETF (FAIR) for the 2024-25 financial year, highlighting a full cash payout and detailed tax components.

Betashares Capital Ltd has released the estimated annual distribution components for its Global Sustainability Leaders ETF (ETHI) for the 2024-25 financial year, highlighting a complex mix of foreign income and capital gains.

Betashares Capital Ltd has released the estimated annual distribution breakdown for its Strong US Dollar Complex ETF (ASX – YANK), projecting a 200% attributed distribution for the 2024-25 financial year with a full cash payout.

Betashares Capital Ltd has announced a striking 200% estimated annual distribution for its Geared Long Australian Government Bond Complex ETF (GGAB) for the financial year ending June 2025, primarily driven by Australian interest income.

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.

DigitalX has raised $20.7 million from leading global digital asset investors to expand its Bitcoin holdings and reinforce its position as a Bitcoin-focused investment manager.

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.

Platinum Asset Management and L1 Capital have agreed to merge, creating a combined entity managing approximately A$16.5 billion in assets. The deal promises strategic diversification, cost synergies, and significant earnings accretion for shareholders.