Latest Asset Management News

CD Private Equity Fund I (ASX:CD1) posted a net loss of $6.96 million for the year ended 31 March 2026, driven by a $5.14 million fair value decline in its US private equity holdings and significant foreign exchange pressures. Despite near-term setbacks, the Fund has delivered an 8.3% post-tax annual return since inception.

CD Private Equity Fund III (ASX:CD3) posted a net loss of $9.01 million for FY26, weighed down by foreign exchange losses and fair value declines. Despite near-term challenges, the Fund sustains strong long-term performance and liquidity.

Swoop Holdings has agreed to sell its Melbourne Fibre Project subsidiary to Singapore-based Xenith Infrastructure Group for $11 million plus project cost reimbursements. The deal offloads remaining capital commitments and will help reduce Swoop’s debt.

Magellan Investment Partners has announced final distribution amounts for four of its funds ending 30 June 2026, with key dates set for early July and a Distribution Reinvestment Plan available to investors.

RemSense Technologies has won a third contract to deploy its virtualplant digital twin platform at an offshore facility operated by a Tier 1 oil and gas company, reinforcing its foothold in energy sector digitalisation.

RemSense Technologies has raised $1.21 million through a heavily subscribed placement, targeting upgrades to its virtualplant platform and AI image analysis capabilities.

Asset Vision has boosted its FY26 annual recurring revenue run rate to $6.4 million, driven by multiple new contracts across transport, social housing, and civic infrastructure sectors.

Quinbrook Asset Management has lodged a review application challenging a recent Takeovers Panel decision involving Kingsland Minerals. The Panel President has approved the application, but no review Panel has been formed yet.

Centuria Capital Group has successfully secured $265 million through institutional placement and entitlement offers, setting the stage for a $35 million retail entitlement offer to follow.

Dexus Industria REIT's portfolio valuation edged up by $3.2 million at mid-2026, while the REIT increased its securities buy-back target to 5%, signalling confidence amid stable industrial market conditions.

Challenger Limited is merging its Fidante funds management business with Channel Capital, creating Channel Group with $150 billion in assets. Challenger will hold a 45% stake and expects a $100 million pre-tax gain in FY27.

Hydrix Limited has secured $5.22 million from its retail entitlement offer, leaving nearly $3 million in entitlements unsold, which will be offered separately under a shortfall offer managed by Peak Asset Management.