Latest Fund Management Transition News

Bankers Investment Trust reported a 3.7% NAV total return for the half-year to April 2026, outpacing the FTSE World Index, while declaring a 3.1% dividend increase. Fund manager Alex Crooke announced retirement, with Richard Clode set to take the helm.

L1 Group Limited reported a $700 million increase in assets under management for the December quarter, driven by strong inflows and positive returns, while performance fees are expected to reach nearly $39 million.