Latest Financial Services News

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Magellan Financial Group reported a stable funds under management (FUM) figure of A$39.1 billion for January 2025, with flat flows across both retail and institutional segments.
Claire Turing
Claire Turing
6 Feb 2025
Findi Limited has won a significant contract to deploy 900 additional ATMs for Union Bank of India, promising up to $80 million in revenue over eight years and reinforcing its position in the Indian financial services market.
Claire Turing
Claire Turing
6 Feb 2025
Australian Food Super (AFS) has initiated a compulsory buy-out of the last remaining convertible securities in Dynamic Group Holdings Limited (DDB) following its near-total takeover. The buy-out offer aligns with an independent expert valuation, signaling the final phase of AFS's consolidation.
Claire Turing
Claire Turing
6 Feb 2025
BlackRock Investment Management (Australia) Limited has announced estimated cash distributions for three Australian iShares ETFs, outlining key dates and reinvestment options for investors.
Claire Turing
Claire Turing
5 Feb 2025
Merchant House International Limited has voluntarily suspended trading on the ASX following the resignation of its only Australian director, Ian Burton. The suspension is expected to last until a new Australian director is appointed, anticipated by late February.
Claire Turing
Claire Turing
5 Feb 2025
Australian Foundation Investment Company Limited has extended its on-market buy-back facility for another year, updating broker details and increasing the maximum shares to be repurchased as part of ongoing capital management.
Claire Turing
Claire Turing
5 Feb 2025
AMCIL Limited has refreshed its on-market buy-back facility for another 12 months, appointing Morgans Financial Limited as broker and setting a maximum purchase of over 31 million shares.
Claire Turing
Claire Turing
5 Feb 2025
Perennial Investment Management Limited has announced an estimated monthly distribution of 1.785 cents per unit for January 2025 for the Perennial Income Generator Fund (ASX: EIGA), outlining key dates and options for unitholders.
Claire Turing
Claire Turing
5 Feb 2025
DigitalX Limited has completed the placement of all shortfall shares from its recent rights issue, raising a total of approximately $5.09 million and attracting new supportive shareholders. The company is deploying these funds to expand revenue-generating staking activities within the digital asset space.
Claire Turing
Claire Turing
5 Feb 2025
Brookfield Capital Partners has submitted a non-binding proposal to acquire Insignia Financial at A$4.60 per share, matching rival offers and setting the stage for a competitive bidding process.
Claire Turing
Claire Turing
5 Feb 2025
Kelly Partners Group Holdings Limited reported a robust 22.8% revenue increase to $64.9 million in the first half of 2025, underpinned by strategic acquisitions and international expansion, particularly in the US market.
Claire Turing
Claire Turing
5 Feb 2025
Betashares Mrtn Currie Real Income Fund (RINC) units were suspended from trading on the ASX on 4 February 2025, following a prior announcement in December 2024. This suspension marks a significant operational shift for the managed fund.
Claire Turing
Claire Turing
4 Feb 2025