Latest Asset Management News

Reward Minerals Limited has made significant strides in its potash and gypsum projects, securing a new exploration licence and progressing proprietary processing technologies, while evaluating strategic asset relocations and divestments.

Tempest Minerals has raised $400,000 through a placement and plans a $1.47 million entitlement issue to advance its gold exploration and Remorse Iron development in Western Australia.

FFI Holdings Limited reported a 7.5% rise in revenue and a 7.6% increase in net profit after tax for the half year ended December 31, 2024, alongside the declaration of a fully franked interim dividend.

SG Fleet Group reported a solid $41.1 million NPAT for the first half of 2025, driven by strong disposal volumes and fleet growth across Australia, New Zealand, and the UK. While profit dipped from last year, the company anticipates normalization in the second half.

HMC Capital has reported a record half-year financial performance for 1H FY25, driven by explosive growth in private equity and digital infrastructure platforms, alongside ambitious fundraising initiatives in energy transition.

HMC Capital has reported a record half-year performance with pre-tax operating earnings soaring 240% to $202 million, driven by robust asset growth and strong returns across its diversified platforms.

SRG Global has reported a record first half for FY25, posting a 21% revenue increase and upgrading its full-year profit guidance, driven by strong cash flow and successful integration of the Diona acquisition.

SRG Global has delivered a record first half in FY25, posting strong revenue and profit growth alongside a successful acquisition integration that boosts its water security and energy transition capabilities.

SRG Global Limited has delivered a robust half-year performance to December 2024, marked by significant revenue and profit growth alongside a strategic acquisition that bolsters its market footprint.

Challenger Limited has reported a robust first half for the 2025 financial year, with net profit after tax climbing 28.2% and an 11.5% increase in its interim dividend, signaling strong momentum in its financial services operations.

Bass Oil Limited reported a 2.9% increase in total sales revenue for January 2025, driven by steady daily production and notable gains in both the Cooper Basin and Indonesian operations. The company is advancing gas appraisal efforts that could unlock significant new resources.

Perpetual Limited has received updated, non-binding proposals from KKR for its Wealth Management and Corporate Trust businesses, but key terms and shareholder proceeds remain uncertain.