Latest Asset Management News

Income Asset Management delivered steady revenue of $4.0 million in Q2 FY2025 alongside significant growth in funds under administration and client accounts, while retiring $10 million in debt to reduce interest costs.

Multistack International Limited reported a net cash outflow from operating activities of $72,916 for the December 2024 quarter but ended with robust cash reserves of $975,608. Despite ongoing negative cash flows, the company remains confident in sustaining operations through secured financing and strategic asset acquisitions.

Great Western Exploration has completed initial drilling at its Oval copper-gold target and is advancing approvals for further drilling at its Sumo niobium and Juggernaut VHMS copper-gold targets, while divesting its non-core Yandal West gold project.

Insignia Financial reported a robust 2.2% increase in Funds Under Management and Administration to $326.8 billion in 2Q25, underpinned by strong net inflows and strategic milestones including the IT separation from NAB and the unveiling of its Vision2030 growth strategy.

Firetail Resources has sold its lithium rights over key Western Australian projects to Spartan Resources for $275,000, marking a strategic shift to focus on its flagship Skyline Copper Project in Canada.

Centuria Funds Management Limited reports a stable quarter for its Centuria Capital No. 2 Fund (C2F), with no compliance breaches or adverse financial events in Q2 FY25. The fund’s secured notes remain fully supported by first-ranking security interests, underscoring operational resilience.

Magellan Asset Management has announced target cash distributions for its suite of funds for the six months ending June 2025, signaling steady income expectations for investors.

Magellan Asset Management has announced target cash distributions for its suite of funds for the six-month period ending June 30, 2025, signaling steady income expectations for investors.

Spheria Emerging Companies Limited has declared a fully franked quarterly dividend of 3.5 cents per share, reflecting its commitment to increased shareholder returns following a robust portfolio performance in Q4 2024.

JPMorgan Asset Management has announced estimated cash distributions for January 2025 across four key ETFs, signaling steady income opportunities for investors ahead of the new year.

JPMorgan Asset Management has announced estimated cash distributions for January 2025 across four of its key equity premium income ETFs, providing investors with timely guidance on expected income and important dates.

JPMorgan Asset Management has announced estimated cash distributions for January 2025 across its suite of equity premium income ETFs, providing investors with key dates and payout expectations.