Latest Fund Management News

Klevo Rewards has completed the acquisition of Just Ask Solar, gaining an Australian Credit Licence to support its digital financial services platform and explore credit products, including crypto-linked offerings.

SkyCity Entertainment Group has completed the unconditional sale of its 99 Albert Street and Victoria Street properties for $74.5 million, aiming to reduce debt and boost financial flexibility.

Future Generation Global (ASX: FGG) posted a robust 22.7% total shareholder return for the year to June 2026, driven by share price gains and fully franked dividends, while increasing its interim dividend by 5%.

Future Generation Australia (ASX: FGX) reported a robust 20.1% total shareholder return for the year to June 2026 alongside an increased fully franked interim dividend of 3.8 cents per share, maintaining its commitment to steady income and social impact.

Abacus Storage King has finalised its internalisation process, appointing Nikki Lawson as CEO and rebranding to Storage King Group with a new ASX ticker SKG.

Salt Listed Funds released its 2026 annual report highlighting governance changes, investment policy updates including Treasury Units and Carbon-Related Businesses, and a notable decline in the Carbon Fund’s unit price over the year.

Smartshares Limited’s annual report for the year ending 31 March 2026 details mixed fund unit movements, notable management changes, and key investment manager transitions within its suite of Exchange Traded Funds.

HMC Capital has secured A$1.35 billion in private credit mandates from global investors, boosting its Australian commercial real estate lending platform and setting the stage for larger loan originations.

Centuria Capital Group has launched the retail component of its $100 million entitlement offer, aiming to raise approximately $35 million. The equity raising supports expansion in AI infrastructure and real estate funds management.

Qualitas Limited has upgraded its long-term Australian funds management EBITDA margin target from over 50% to more than 60%, driven by operational efficiencies and a proprietary AI platform designed to streamline investment processes.

Pengana Capital Group has successfully closed the $267 million initial public offering for its AI Private Opportunities Trust, marking a significant expansion in its fund management portfolio. The new trust is set to begin trading on the ASX on 2 July 2026.

Goodman NZ (NZX:GNZ) posted a 126% jump in statutory profit to $248 million for FY26, underpinned by strong property revaluations and leasing gains. The group completed its corporatisation and stapling, launched a property funds management platform, and progressed a development pipeline exceeding $1 billion.