Latest Asset Management News

DigitalX has raised $20.7 million from leading global digital asset investors to expand its Bitcoin holdings and reinforce its position as a Bitcoin-focused investment manager.

Platinum Asset Management and L1 Capital have announced a strategic merger to create a diversified investment platform with $16.5 billion in assets under management, promising significant cost synergies and earnings accretion for shareholders.

Platinum Asset Management and L1 Capital have agreed to merge, creating a combined entity managing approximately A$16.5 billion in assets. The deal promises strategic diversification, cost synergies, and significant earnings accretion for shareholders.

Platinum Asset Management reported significant net outflows in June 2025, prompting an increase in its FY26 cost savings target to offset revenue pressures. The firm also outlined ongoing expense reductions and forecast modest investment income for FY25.

JPMorgan Asset Management has released estimated tax attribution components for its Climate Change Solutions Active ETF for the fiscal year ending June 2025, confirming its status as a Managed Investment Trust.

Site Group International faces a $10 million Federal Court penalty for unconscionable conduct, while its subsidiary Site Institute Pty Ltd moves forward under a Deed of Company Arrangement.

AMP Limited is set to defend itself against a new class action alleging inflated life insurance premiums and a separate dispute over a major property sale, signaling potential challenges ahead for the financial services giant.

Keybridge Capital has obtained a $9.3 million bridge funding facility from Active Asset Management, supported by an ASX waiver allowing the deal without prior shareholder approval. The funding aims to address urgent liquidity and solvency challenges while trading remains suspended.

JPMorgan Asset Management (Australia) Limited has announced the final cash distributions and reinvestment prices for several of its active ETFs for the financial year ended 30 June 2025, with payments scheduled for mid-July.

The Takeovers Panel has modified its restrictions on ARN Media’s voting rights over Southern Cross Media shares, gradually lifting limitations starting July 2025. This change reshapes the shareholder voting landscape ahead of key resolutions.

HMC Capital has delayed the Neoen VIC Portfolio acquisition settlement by one month, secured a $200 million mezzanine financing facility, and announced a strategic merger of its renewable energy platforms under new leadership.

Insignia Financial has revealed ongoing discussions with CC Capital Partners regarding a revised acquisition proposal, with a binding offer expected soon but no guarantee of a deal.