Latest Financial Services News

Alternative Investment Trust (ASX, AIQ) announces a special unfranked distribution of AUD 0.04647 per unit, representing a full return of capital payable in early August.

ECP Emerging Growth Limited reports steady financial health for its convertible notes, confirming a stable loan-to-value ratio and full compliance with regulatory requirements for Q2 2025.

Global Masters Fund Limited has released its quarterly update confirming stable convertible note conversions and a low loan-to-value ratio, underscoring its solid financial footing as of June 2025.

Flagship Investments Limited has reported steady financial health in its latest quarterly filing, confirming a stable loan-to-value ratio and full compliance with convertible note obligations for Q2 2025.

WAM Global Limited outperformed the MSCI World Index with a 19.4% portfolio gain in FY2025, prompting an increased fully franked dividend of 17.0 cents per share. The company’s strong results reflect strategic positioning amid global market volatility.

Perpetual Limited reported a 2.5% increase in assets under management to A$226.8 billion for Q4 FY25, driven by strong market performance and inflows. The company reaffirmed its expense guidance and continues to pursue the sale of its Wealth Management business.

Praemium Limited reports a 2.2% increase in funds under administration for Q4 FY25, driven by strong gains in Spectrum and SMA platforms, alongside operational upgrades including AI-driven initiatives. However, OneVue platform experiences a significant decline.

Praemium reports a 12% rise in total Australian funds under administration to $64.3 billion in Q4 FY2025, driven by strong inflows into its Spectrum platform and growth in Separately Managed Accounts. However, Powerwrap continues to face net outflows.

Insignia Financial reported a 2.6% rise in Funds Under Management and Administration to $330.3 billion, driven by record net inflows into its MLC Expand platform and a successful Master Trust transition to SS&C.

Insignia Financial has agreed to a $4.80 per share acquisition offer from CC Capital, representing a 56.9% premium over its recent share price. The Board unanimously recommends the scheme, pending regulatory and shareholder approvals.

Qualitas Limited has announced the early release of over 30 million shares from voluntary escrow, significantly increasing the free float ahead of schedule and potentially enhancing market liquidity.

Future Generation Global has reported a robust 24.7% total shareholder return over 12 months alongside an increased fully franked interim dividend of 8.0 cents per share, underscoring its growing income stream.