Latest Fund Management News

Storage King Group (ASX:SKG) reported a 46.6% drop in net profit for FY26, completing internalisation of its management platform and maintaining distributions, while setting a cautious but growth-focused FY27 outlook.

L1 Group has partnered with Dr Andrew Lin to launch PXC Advisors, a global long short investment manager boasting a 51% annualised return since 2024. The strategy will open to external investors in September 2026 and take over management of the Platinum International Technology Fund.

Caravel Minerals has significantly advanced its Caravel Copper Project with a near-complete Definitive Feasibility Study, marked by a 48% increase in Proven Ore Reserves and strengthened funding arrangements.

Bailador Technology Investments (ASX:BTI) posted a 64% drop in net profit to $6.9 million for FY26, amid a 55% fall in gains on financial assets. Despite this, the fund declared a fully franked 3.5 cent dividend and highlighted strong AI adoption and growth across its private tech portfolio.

Eureka Group Holdings has closed its inaugural wholesale all-age rental fund, raising $14.35 million in equity and securing $14.5 million in senior debt. The fund, seeded with two tourist parks, aims for a 19.8% return over six years, freeing $15 million for further growth.

Klevo Rewards extended its financial services footprint with two acquisitions and proposed a 10:1 share consolidation, while Fly Wallet posted $19 million revenue from an early-stage stablecoin trial in July 2026.

Theta Gold Mines is issuing 32.8 million shares at 18 cents each to settle a longstanding US$11.6 million unsecured loan, adjusting its capital structure without shareholder approval.

Pinnacle Investment Management delivered a 31.5% jump in net profit after tax to $176.7 million for FY26, boosted by full ownership of Pacific Asset Management and strong inflows across retail, institutional, and international channels.

Charter Hall Social Infrastructure REIT (ASX:CQE) reported a 13.1% rise in operating earnings per unit for FY26, driven by strategic acquisitions and strong rental growth, while raising guidance for FY27.

F&C Investment Trust delivered a 12.4% net asset value total return for H1 2026, narrowly trailing the FTSE All-World Index. The trust declared a 0.99p interim dividend and announced a chairman succession as it navigates AI-led market dynamics and geopolitical volatility.

Westpac has completed the $15.4 billion sale of its RAMS mortgage portfolio to a consortium including Pepper Money, KKR, and PIMCO, lifting its capital ratio and simplifying operations.

Boresight Ltd (ASX: BST) marked its ASX debut in June with a successful $8 million IPO, reporting a 55% revenue increase in FY26 and securing a major US manufacturing expansion to meet rising defence drone demand.