Latest Financial Services News

Savana Asset Management’s US Small Caps Active ETF (ASX, SVNP) has demonstrated resilience and strategic differentiation in its first nine months, navigating volatile markets with a contrarian, value-driven approach. A standout investment in Kohl’s Corp highlights the fund’s disciplined algorithmic strategy amid meme-stock mania.

Shift4 Payments has secured Overseas Investment Office approval for its NZ$1.20 per share acquisition of Smartpay, advancing the proposed scheme of arrangement closer to completion.

Hudson Investment Group faces intense scrutiny from ASX after its auditor issued a Disclaimer of Opinion on the 2024 financial report, citing doubts over a $2.4 million property receivable and the company’s going concern status.

WT Financial Group has reported a strong 21% increase in underlying net profit before tax for FY2025, driven by robust revenue growth and improved operational efficiency. The company also announced a new joint venture aimed at fueling future expansion.

Unith Ltd has acknowledged a technical breach of its trading policy following a director's share purchase during a closed period, prompting a comprehensive review of its governance framework.

Argo Investments Limited reported a modest profit increase for the fiscal year ending June 2025 and announced a fully franked final dividend, including a LIC capital gain component that offers tax benefits to shareholders.

Raptis Group Limited has secured $16.6 million in revenue through two related party transactions, pending shareholder approval. These deals, facilitated by its subsidiary FSU Capital, highlight ongoing strategic partnerships within the company’s leadership circle.

DigitalX Limited has responded to a detailed ASX query regarding its Solana staking yields, exclusive validator agreements, and governance disclosures involving key personnel. The company defends its commercial decisions and compliance amid scrutiny over related party transactions and securities trading.

Clime Capital Limited (ASX, CAM) has announced a $14 million convertible note offer featuring a 6.5% fixed interest rate and a maturity date in 2028. The notes are convertible into ordinary shares on a one-for-one basis, providing investors with a hybrid income and equity exposure.

Sequoia Financial Group has launched a dedicated AFSL Governance Committee to bolster oversight across its licenses, appointing former ASIC Commissioner Danielle Press as Independent Chair.

Betashares Capital Ltd has announced the final distribution amounts for 16 of its ETFs for the July 2025 period, detailing payment dates, reinvestment options, and tax implications.

Equity Story Group has secured a transformative deal to acquire Baker Young Limited, significantly expanding its wealth advisory footprint and boosting revenue projections by over 400%. Meanwhile, its Growth Fund outperforms benchmarks and a new litigation funding vehicle launches.