Latest Financial Services News

Marlin Global’s portfolio lagged the broader market in May 2026, weighed down by semiconductor underexposure and near-term revenue challenges in key holdings, while AI-focused stocks powered a narrow rally.

Barramundi Limited’s May update reveals a 2.3% adjusted NAV decline, weighed down by CSL’s earnings downgrade and Brambles’ operational setbacks, despite positive contributions from Xero and Credit Corp.

Butn Limited has unveiled the Moneybox Retail Credit Fund, marking its strategic entry into retail private credit investing with a digital platform targeting SME loans.

Rent.com.au has set new records for RentBond® loan volumes in May 2026, fueling revenue growth and positive operating cashflow. The company is on track to double revenue and achieve EBITDA positivity by mid-2027, with recurring revenue surpassing 75% of total income.

Helia Group appoints Mark Senkevics as CEO from December 2026 and Craig Ward as CFO from July 2026, outlining detailed remuneration and transition plans amid ongoing leadership changes.

GQG Partners saw its total funds under management decline to USD 163.3 billion at the end of May 2026, dragged down by net client withdrawals and negative investment returns across core strategies.

Alice Queen Limited has pushed back the closing date for its partially underwritten rights issue to 19 June 2026, giving shareholders more time to subscribe at 0.9 cents per share.

Whitefield Income Limited has successfully completed its pro-rata entitlement offer and shortfall offer, raising the maximum A$108 million at A$1.22 per share with demand exceeding supply.

S&P Dow Jones Indices has announced its June 2026 quarterly rebalance of the S&P/ASX indices, with ALS Limited entering the ASX 50 and several notable changes across the ASX 100 and 200 indices effective June 22.

Sandon Capital Investments plans monthly fully franked dividends of 0.47 cents per share for July to September 2026, sustaining an annualised yield of 7.2%. The company’s robust profit reserves and franking credits provide a strong buffer for dividend payments.

Perpetual Limited is set to acquire a majority stake in loan servicing technology firm Interfi Systems, enhancing its Corporate Trust division’s digital capabilities while targeting a 15% reduction in gross debt by June 2026.

Findi Limited has transitioned Stephen Benton to Non-Executive Chairman while Nicholas Smedley refocuses on the Indian business and TSI IPO plans. A strategic review aims to sharpen capital allocation and progress the Payments Bank licence.