Latest Financial Services News

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AGP Investment Management revamps the WCM Quality Global Growth Fund’s distribution policy, moving from annual to quarterly payouts and setting a minimum 5% annual cash yield to enhance investor income predictability.
Claire Turing
Claire Turing
28 July 2025
Australian Foundation Investment Company Limited (AFIC) reported a $285 million net profit for FY2025, declaring a fully franked 14.5c final dividend plus a 5c special dividend tied to capital gains from portfolio adjustments.
Claire Turing
Claire Turing
28 July 2025
Raptis Group Limited reported a solid quarter ending June 2025, posting positive operating cash flow and bolstering its cash reserves to nearly $2 million. Significant investing outflows were offset by substantial financing inflows, positioning the company for future operational stability.
Claire Turing
Claire Turing
25 July 2025
Rewardle Holdings Limited remains suspended from ASX trading due to prolonged delays in lodging financial reports, with the exchange warning of imminent delisting unless compliance is demonstrated by mid-September.
Claire Turing
Claire Turing
25 July 2025
Fat Prophets Global Contrarian Fund reports a 5.06% rise in pre-tax NTA driven by gains in Japanese and Chinese markets, announcing a special dividend after years of pause.
Claire Turing
Claire Turing
25 July 2025
Cuscal Limited announces the retirement of long-serving CFO Sean O’Donoghue in late 2025 and the appointment of Jennifer Brice as his successor, signaling a seamless leadership transition as the company remains on track to meet its FY25 forecasts.
Claire Turing
Claire Turing
25 July 2025
Lloyds Banking Group reported a robust first half in 2025, with net income up 6%, strong lending growth, and a 15% increase in its interim dividend. The bank reaffirmed its 2025 guidance and expressed confidence in meeting ambitious 2026 targets.
Claire Turing
Claire Turing
24 July 2025
Income Asset Management Group Limited delivered its strongest quarter ever in Q4 FY2025, reporting record revenue and robust growth in funds under advice alongside positive operating cash flow.
Claire Turing
Claire Turing
24 July 2025
Future Generation Australia has announced its tenth consecutive annual increase in fully franked interim dividends, driven by a strong 10.8% return on its investment portfolio over the past year.
Claire Turing
Claire Turing
24 July 2025
Macquarie Group Limited reported a 5% increase in FY25 profit to A$3.715 billion, declaring a higher dividend and announcing a key CFO transition. The group also outlined a strategic divestment and cautious outlook for FY26.
Claire Turing
Claire Turing
24 July 2025
Macquarie Group reported a decline in net profit contribution for the first quarter of FY26, driven by mixed performances across its divisions, while maintaining a robust capital surplus and announcing a key CFO transition.
Claire Turing
Claire Turing
24 July 2025
OFX Group reports a robust start to FY26 with net operating income up 11.3% quarter-on-quarter, driven by its New Client Platform rollout and Enterprise segment growth, while announcing a new share buy-back program.
Claire Turing
Claire Turing
24 July 2025