Latest Asset Management Sector News

Samuel Terry Asset Management has raised its takeover offer for Eildon Capital Group securities to A$0.875 per stapled security, sweetening the deal with faster payment terms for electronic transfers.

Income Asset Management has uncovered suspected fraudulent transfers linked to a minority sub-custodian, confirming no client assets were compromised. The company is investigating further and will update the market soon.

333D Limited has secured $1 million through a share placement to fund significant upgrades to its digital asset management platform, opting to preserve its Bitcoin holdings despite unbudgeted development costs.

Pengana International Equities Limited has announced an on-market buy-back of up to 25.7 million ordinary shares, signaling a strategic capital management move without requiring shareholder approval.

Platinum Investment Management has disclosed a significant partial redemption of approximately $580 million by a major client, expected to impact funds under management in October and November 2025.

333D Ltd has reported a remarkable financial turnaround in FY2025, posting a 426% revenue increase and its first profit after tax, driven by its digital asset management strategy.

Perpetual Limited reported a modest 2% revenue increase for FY25, yet its net profit after tax plunged by 88%, prompting a cautious outlook despite a declared final dividend.

Regal Partners Limited has announced a fully franked ordinary dividend of AUD 0.06 per share for the first half of FY25, alongside a dividend reinvestment plan open to Australian and New Zealand shareholders.

Magellan Financial Group has announced a fully franked total dividend of AUD 0.469 per share, combining a final dividend, a performance fee dividend, and a special dividend for the six months ending June 2025.

SGH Limited has announced a fully franked ordinary dividend of AUD 0.32 per share for the six months ending June 2025, signaling steady returns for shareholders.

Pinnacle Investment Management Group Limited has delivered a robust financial performance for FY2025, with revenues and profits soaring and dividends increasing, signaling strong momentum in the asset management sector.

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.