Latest Fund Liquidation News

Equity Trustees faces an expanded Federal Court claim from ASIC seeking compensation for superannuation members after a $73 million revaluation hit the Shield Master Fund. The trustee disputes liability and supports liquidation efforts to recover member funds.

Platinum Asset Management reported significant net outflows in August 2025, reducing its funds under management to $7.6 billion. The decline was influenced by investor withdrawals and a special dividend tied to a corporate scheme.

Regis Healthcare reported robust FY25 financial results, driven by increased occupancy, strategic acquisitions, and a strong balance sheet, positioning itself well ahead of the new Aged Care Act reforms.

Commonwealth Bank of Australia reported a 4% rise in cash NPAT to $10.25 billion for FY25, alongside a 20 cent dividend increase and robust capital ratios, underpinned by strong lending growth and heavy investment in AI and digital innovation.

Strike Energy has announced a strategic placement and share purchase plan raising up to A$103 million to advance its core Perth Basin gas projects, backed by a significant investment from Carnarvon Energy. This funding underpins key developments targeting first production by late 2026 and a final investment decision for West Erregulla.

New Frontier Minerals Limited reported a cautious but stable cash flow position for Q1 2025, ending the quarter with $686,000 in cash and liquid investments valued at nearly $1.4 million. The company projects funding to sustain operations for approximately 1.5 quarters, relying on liquid assets and potential capital raises.

Betashares Mrtn Currie Eqy Inc Fund (EINC) units have been suspended from trading on the ASX as of 22 January 2025, following a prior announcement in December 2024.