Latest Funds Management News

Growthpoint Properties Australia reported a robust FY25 with funds from operations exceeding guidance, expanded funds management assets, and achieved its Net Zero emissions target ahead of schedule. The company reaffirmed positive FY26 outlook amid leadership changes and ongoing sustainability commitments.

K2 Asset Management Holdings Ltd marked a pivotal year with 17% revenue growth and a return to profitability, declaring a fully franked dividend and outlining ambitious growth plans across its core business pillars.

HMC Capital has secured an increased and extended revolving debt facility, enhancing its underwriting capacity and supporting strategic growth initiatives, including its energy transition efforts.

FleetPartners Group Limited reported steady core income growth and strong cash generation in FY25 despite a 16% drop in new business wins, while completing a strategic acquisition to enhance its novated leasing offering.

Rox Resources has successfully raised approximately A$200 million through a major institutional placement, securing full equity funding for the development of its Youanmi Gold Project. Supported by cornerstone investors and existing shareholders, the company is positioned to advance construction and begin gold production by mid-2027.

TT Investments has confirmed that its all-cash takeover offer for 360 Capital Group will close on 13 November 2025 without extension, marking a decisive moment for the ASX-listed investment manager.

L1 Long Short Fund reported a 7.2% net return for FY2024-25 and announced a shift to quarterly dividends, reflecting confidence despite a challenging market environment.

Associate Global Partners Limited (AGP) reported robust FY25 results, with funds under management climbing to $1.464 billion, driven by stellar investment returns and successful capital raisings. The firm is advancing its distribution reach and launching new products to sustain momentum.

TT Investments has launched an unconditional $0.31 per security takeover bid for 360 Capital Group, aiming to delist the company from the ASX. The Independent Board Committee recommends acceptance amid significant premiums and looming governance changes.

Jindalee Lithium has repurchased all remaining convertible securities from Mercer Street Global Opportunity Fund II and C/M Capital Partners following a successful $8 million capital raise, simplifying its financial structure ahead of advancing the McDermitt Lithium Project.

Clime Investment Management has bolstered its balance sheet with a $2.3 million placement and launched a strategic product review amid evolving market dynamics and industry consolidation.

DigitalX Limited has accelerated its Bitcoin-first treasury strategy with a $20.7 million capital raise, nearly doubling its Bitcoin holdings to over 500 BTC and unveiling an ambitious plan to reach 2,100 BTC by 2027.