Latest Asset Management Sector News

Challenger Limited has updated its dividend announcement, confirming the suspension of its Dividend Reinvestment Plan (DRP) for the current period. Shareholders will receive a fully franked cash dividend of AUD 0.155 per share on 24 March 2026.

GQG Partners reported a rise in funds under management to USD 172.9 billion as of February 28, 2026, buoyed by strong investment performance that offset net client withdrawals.

Magellan Financial Group has applied for quotation of over 15 million new shares following a recent transaction, alongside announcing a $20 million Share Purchase Plan targeting further capital raising.

Navigator Global Investments reported a 17% rise in adjusted EBITDA to USD48.2 million for H1 FY26, driven by strong performance fees and asset growth, though full-year earnings face headwinds.

GQG Partners Inc. has announced a quarterly dividend of USD 0.0365 per CDI, payable on 26 March 2026, with options for Australian dollar payments based on current exchange rates.

GQG Partners reported a rise in Funds Under Management to USD 165.7 billion as of January 2026, buoyed by strong investment performance despite notable net outflows during the month.

Pinnacle Investment Management Group Limited has announced a fully franked ordinary dividend of AUD 0.29 per share for the half-year ending December 2025, with a dividend reinvestment plan available to shareholders.

Associate Global Partners has signed a Memorandum of Understanding with Muzinich & Co. to develop a global private credit fund offering daily liquidity, pending a formal agreement.

Income Asset Management has issued 34 million new equity-linked securities to key staff, potentially diluting shares by 3.7%, aiming to better align employee rewards with shareholder value.

L1 Group Limited has announced a $330 million equity raising to fund expansion initiatives, including new investment strategies and potential acquisitions, following its recent merger with Platinum Asset Management.

GQG Partners reported a decline in funds under management to US$167.2 billion as net outflows hit US$1.7 billion in September, reflecting cautious investor sentiment amid market volatility.

Magellan Financial Group reported a modest rise in assets under management to A$40.2 billion as of 30 September 2025, reflecting shifts in retail and institutional investor activity.