Latest Fund Management News

HMC Capital reported a statutory loss of $111.6 million for FY26 amid significant fair value losses, yet delivered operating earnings close to guidance and maintained its dividend. The group’s strategic partnerships and capital recycling position it for a 16% rise in underlying earnings in FY27.

Abacus Group (ASX:ABG) posted a statutory net loss of $74.5 million for FY26, driven by a $122.1 million accounting hit from reclassifying its Storage King stake following management internalisation, while Funds from Operations dipped slightly and distributions were held steady.

Peet Limited delivered a record FY26 with net profit after tax soaring 77% to $103.4 million, driven by robust sales and a 39% jump in contracts on hand. The company boosted dividends by 68%, reflecting confidence in its diverse masterplanned communities pipeline.

The Australian Wealth Advisors Group (ASX:WAG) reported a modest 0.7% rise in profit before tax to $937,632 for FY2026, driven by growth in funds under management and strategic Equity Partnership Scheme investments, alongside a key divestment and board appointment.

GDI Property Group delivered a robust 25% increase in Funds From Operations to $44.5 million for FY26, maintaining distributions at 5 cents per security while announcing an on-market buyback of up to 5%.

Lowell Resources Fund (ASX: LRT) reported a 48.7% increase in profit to nearly $33 million for FY2026, alongside a 37.6% rise in net assets to $99.5 million, driven by strong junior resources sector performance despite mid-year commodity volatility.

Charter Hall Retail REIT (ASX:CQR) posted a 4.0% rise in operating earnings to $153.4 million for FY26, driven by portfolio diversification and a $305 million valuation uplift. The REIT also advanced sustainability initiatives, achieving net zero Scope 1 and 2 emissions.

Charter Hall Group (ASX:CHC) posted a 26.8% jump in operating earnings to $488.1 million for FY26, supported by record equity inflows and strong property funds management growth.

Dexus (ASX: DXS) reported steady FY26 results with AFFO of 45.0 cents per security and distributions of 37.0 cents, while initiating a strategic review of infrastructure funds following an adverse APAC court judgment.

NZX Limited reported a robust first half of 2026 with operating earnings up 9.4% and net profit rising 18%. The exchange strengthened its funds management and wealth administration arms, relaunched equity derivatives, and declared a higher interim dividend. A new CEO is set to take the helm in September.

Mirvac Group delivered a robust FY26 with a 7% rise in operating profit to $508 million, a staggering 896% jump in statutory profit to $677 million, and announced a $200 million on-market buy-back, signalling confidence in its growth trajectory.

JPMorgan Asset Management confirms final cash distributions and reinvestment prices for six Equity Premium Income ETFs for August 2026, following recent structural changes in four funds.