Latest Funds Management News

Barramundi Limited’s portfolio delivered a 2.2% gross return in July, outpacing the S&P/ASX200 hedged benchmark, driven by strong performances in healthcare and financials alongside strategic portfolio adjustments.

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.

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.