Latest Financial Services News

MyState delivered a sharp rise in FY26 profit as Auswide integration produced $11.8 million in run-rate synergies, while the group lifted its full-year dividend to 24.5 cents per share. The next test is turning early integration gains into a larger payoff without losing control of technology costs and credit risk.

Cadence Opportunities Fund Limited (ASX:CDO) delivered a record $5.66 million after-tax profit and a 30.3% fund return in FY2026. The listed investment company is entering the new year with elevated cash, reduced gold exposure and a discounted share purchase plan underway.

JPMorgan Equity Premium Income ETF grew net assets to $167.99 million while operating profit plunged to $740,000 as fair-value losses widened. The fund is also preparing to switch its underlying ETF from NYSE Arca to the London Stock Exchange without changing its investment objective or stated total fees and costs.

Vaughan Nelson Global Equity SMID Fund delivered a sharp rise in operating profit and more than quadrupled its net assets in FY2026, helped by $31.8 million in investment gains and strong investor applications. The result also leaves the ASX-listed Class B units with greater exposure to global equity and currency movements.

Dubber AI has agreed to acquire selected Daisee assets, including customer contracts and conversation intelligence technology, for up to A$1.25 million. The deal brings Daisee's nearly A$1.7 million of annual recurring revenue into a contact centre AI platform focused on insurance and financial services.

Marlin Global delivered a 3.0% gross performance return in August, beating its benchmark as software holdings rebounded sharply. The Fisher Funds-managed portfolio is also preparing to exit some investments and add businesses in three sectors.

PM Capital Global Opportunities Fund has completed a $172 million share purchase plan, with all valid applications accepted in full. About 56 million new shares will be issued at $3.07 each and qualify for PGF’s upcoming fully franked dividend.

Regal Partners Global Investments has confirmed a DRP price of A$2.60635 for its 5.0-cent fully franked dividend. The update settles the reinvestment mechanics ahead of the A$0.05 cash payment due on 25 September.

Queste Communications ended August with just $6,000 in standalone cash, although its consolidated balance remained $2.905 million after a $79,000 monthly operating outflow. The company points to a $450,000 Orion loan facility and listed investments as additional liquidity sources.

Income Asset Management Group has attributed a late director interest notice to an administrative oversight and miscommunication, after ASX questioned whether disclosure rules may have been breached. IAM says it has reiterated its director reporting process and will strengthen controls if required.

Regal Investment Fund has confirmed an actual unfranked distribution of 13.842156 cents per unit for the six months ended 30 June 2026. The full distribution is payable on 7 September, with reinvestment available at $3.603245 per unit for eligible Australian and New Zealand holders.

JPMorgan Asset Management has announced estimated September 2026 cash distributions for six of its equity premium income ETFs, with payments scheduled for mid-October.