Latest Financial Services News

GQG Partners reported a solid increase in Funds Under Management (FUM) to US$160.4 billion as of January 31, 2025, driven by strong net inflows of US$1.7 billion during the month.

CAR Group Limited has announced a semi-annual ordinary dividend of AUD 0.385 per share, partially franked at 50%, payable in April 2025. Shareholders can opt into a Dividend Reinvestment Plan with no discount, reflecting steady shareholder returns.

PM Capital Global Opportunities Fund has declared a 5.5 cent fully franked interim dividend for H1 FY25 and reaffirmed its commitment to an 11.0 cent annual dividend, supported by a 6.0% portfolio return for the year ending December 2024.

PM Capital Global Opportunities Fund Limited has announced a fully franked ordinary dividend of AUD 0.055 per security for the half-year ending December 2024, offering shareholders a Dividend Reinvestment Plan option.

PM Capital Global Opportunities Fund Limited reported an 11% rise in half-year profit to $39.8 million and declared a higher fully franked interim dividend of 5.5 cents per share, reflecting strong portfolio performance amid global market volatility.

Flagship Investments Limited posted a solid 9.1% gain in its investment portfolio for the half-year ending December 2024, despite a notable decline in total comprehensive income. The company declared a fully franked interim dividend of 5.1 cents per share, reflecting steady shareholder returns.

Citigroup Global Markets Australia has announced a fully franked dividend of AUD 1.10 for the REA Instalment MINI, with key dates set for early March 2025. This move aligns closely with the dividend schedule of the underlying REA Ordinary Security.

The Supreme Court of New South Wales has approved MyState Bank’s acquisition of Auswide Bank via a scheme of arrangement, setting the stage for a significant consolidation in the Australian banking sector.

DigitalX Limited has significantly increased its Solana holdings and reported robust fund performance for January 2025, capitalizing on favorable market and regulatory shifts.

Spheria Emerging Companies Limited has announced a fully franked ordinary dividend of AUD 0.035 per share for the quarter ending December 2024, alongside an updated Dividend Reinvestment Plan pricing methodology.

JPMorgan Asset Management has announced the final cash distributions for February 2025 across several of its active ETFs, providing investors with key dates and reinvestment options.

WT Financial Group has reported a robust half-year performance for H1 FY2025, with revenue up 33.5% and underlying net profit before tax rising 35.8%, underscoring its strong position in Australia's wealth management sector.