Latest Fund Management News

Future Generation announces CEO Caroline Gurney will step down in early 2026, leaving behind a legacy of strong investment returns and $100 million donated to Australian non-profits. An executive search is underway to find her successor.

Challenger Limited reported a robust 9% rise in normalised net profit after tax to $456 million for FY25, alongside an 11% dividend increase, while welcoming APRA's capital reforms that promise to boost its financial resilience and growth in retirement income products.

Centuria Industrial REIT has secured a landmark 10-year lease with Tesla, delivering a 133% re-leasing spread and deferring redevelopment plans, while pursuing a major data centre expansion in Victoria.

Assetora Limited has reopened its flagship fund under a new name, secured a $3 million strategic investment, and reported its first positive operating cashflow since adopting its fund-management model.

Ryzon Materials has made significant progress on the Nachu Graphite Project with detailed engineering funded through equity, while securing debt conversion and additional financial support despite ongoing ASX suspension.

DigitalX Limited has enhanced its treasury strategy by investing nearly A$5 million into a market-neutral fund while increasing its Bitcoin holdings to over 500 BTC, aiming to balance accumulation with steady income generation.

Netwealth has lodged a formal application for government financial assistance following a $101 million exposure linked to alleged fraud in the First Guardian Master Fund, impacting over a thousand members.

Pivotal Metals has raised $5.4 million to accelerate exploration at its Belleterre copper-gold project in Quebec, supported by prominent investors including Matthew Latimore. Drilling is set to begin in December 2025, targeting high-grade mineralisation zones.

Johns Lyng Group has officially been acquired by Sherwood BidCo, controlled by Pacific Equity Partners, with shareholders receiving $4.00 per share or equity in the new entity. The company will be delisted from the ASX on October 24, marking a new chapter under private ownership.

Highfield Resources has secured a A$10 million convertible note investment from existing strategic shareholders following the collapse of a proposed strategic transaction with China Minmetals and Yankuang Energy. The company also received renewed institutional backing from the Government of Navarra for its flagship Muga Potash Project.

Powerhouse Ventures Limited reports a robust quarter with an 18% increase in net tangible assets and a standout 35.1% return from its Aliwa Alpha Fund, while preparing to launch a new Critical Infrastructure Opportunities Fund focused on AI and Quantum technologies.

Insignia Financial reported a 3.1% rise in Funds Under Management and Administration to $340.5 billion, driven by strong net inflows into its Wrap platform and strategic enhancements to its MLC offerings. The company also completed a key custody transition and unveiled a refreshed MLC brand campaign.