Latest Financial Services News

ASIC has initiated civil proceedings against Fiducian’s subsidiary, alleging misleading statements and compliance failures related to a now-closed investment fund. Fiducian is cooperating but remains tight-lipped as the case unfolds.

DFA Australia Limited has announced the Distribution Reinvestment Plan (DRP) issue prices for its Dimensional Australian Core Equity Trust and Australian Value Trust following the September 2025 distribution.

BlackRock Investment Management (Australia) Limited has updated its estimated cash distributions for five prominent Australian iShares ETFs, outlining key dates and investor requirements.

BlackRock Investment Management (Australia) Limited has announced the estimated and confirmed distribution dates for 14 Australian domiciled iShares ETFs, outlining important deadlines for investors including the Distribution Reinvestment Plan opt-in and tax certification requirements.

Vanguard Investments Australia has announced the estimated distribution and tax components for its Vanguard FTSE Asia ex Japan Shares Index ETF for the quarter ending September 2025, highlighting key details for investors on cash payouts and tax implications.

Vanguard Investments Australia has announced the Distribution Reinvestment Plan (DRP) issue prices for its suite of ETFs for the quarter ending 30 September 2025, outlining key dates and eligibility for investors.

Savana Asset Management highlights how its US Small Caps Active ETF (SVNP) can boost portfolio diversification and risk-adjusted returns, while recent takeover bids underscore the fund’s value-driven approach.

Australian Unity Limited has opened a $101 million non-renounceable entitlement offer alongside a $160 million placement, aiming to strengthen its balance sheet and support ongoing acquisitions. The company also announced the appointment of Kelly Bayer Rosmarin as its next CEO, signaling a new chapter in leadership.

Pengana Global Private Credit Trust (ASX – PCX) has announced an $82 million entitlement and shortfall offer, inviting existing unitholders to subscribe for new units at $2.00 each, aiming to expand its diversified global private credit portfolio.

Pengana Global Private Credit Trust (ASX – PCX) has announced an $82 million entitlement and shortfall offer at $2.00 per new unit, targeting a 7% annual cash distribution yield. The Trust offers diversified exposure to global private credit funds, primarily in the US and Europe, managed by Pengana Credit with Mercer Consulting as investment consultant.

Nationwide Building Society has confirmed it has largely complied with its post-offer intentions following its acquisition of Virgin Money UK PLC, with a previously disclosed exception.

BlackRock Investment Management (Australia) Limited has announced estimated cash distributions for a suite of Australian domiciled iShares ETFs, outlining key dates and reinvestment options for investors.