Latest Hedging News

Region Group has maintained its FY27 earnings targets after reporting stronger occupancy, supermarket sales and leasing metrics at its annual meeting. The group has also exchanged contracts to sell three neighbourhood centres for $73.5 million as it sharpens its portfolio strategy.

Panorama Auto Trust 2023-1 reported a $9.3 million profit attributable to its unitholder for the year ended 30 June 2026, but says it expects to wind up and liquidate within 12 months. The accounts were prepared on a liquidation basis, with PwC issuing an unmodified audit opinion alongside an emphasis of matter on the planned termination.

Wia Gold has emerged from a pivotal quarter with a 1.95Moz Probable Ore Reserve, A$229.2 million in cash and a proposed US$360 million debt facility supporting its Kokoseb development plan. Construction preparations are advancing, but lender approval, definitive financing documents and Namibian permits remain crucial hurdles before early works can begin.

Bellevue Gold has kept FY27 production and cost guidance intact despite a slower-than-expected mining contractor ramp-up that reduced September-quarter output to 35,585 ounces. The company also cut forward sales commitments to 57.5koz, increasing its future exposure to spot gold prices while capital spending weighed on free cash flow.

Kiwi Property has launched a seven-year senior secured green bond offer of up to NZ$200 million, with a minimum interest rate of 5.55% and an expected BBB+ issue rating. The final margin, interest rate and accepted amount will be set after a bookbuild on 23 October.

St Barbara reported a $489.7 million FY26 statutory profit, but almost all of it came from the deconsolidation of New Simberi Gold rather than recurring operations. The annual report also confirms a debt-free balance sheet, a 5-cent fully franked dividend and a portfolio moving from transaction-making to project delivery.

Navigator Global Investments expanded ownership-adjusted assets under management by 8.9% to US$36.6 billion in the September quarter, with the newly acquired Stable Growth Portfolio providing a substantial lift. Lighthouse Partners remained broadly flat as US$280 million of inflows were offset by negative quarterly investment performance.

Regal Partners lifted funds under management 2.4% to approximately $21.9 billion in the September quarter, with net inflows of about $0.7 billion. Hedge funds led fundraising, while investment performance was broadly neutral.

Alkane Resources has opened FY27 with 40,740 gold equivalent ounces of production and $440 million in cash and bullion. The miner has maintained its full-year guidance while funding mine extensions, growth projects and its maiden dividend.

Morningstar International Shares Active ETF reported a $53.035 million profit for the year ended 30 June 2026, supported by a large trust distribution despite a loss on fair value movements. Distributions rose to 196.258 cents per unit as net assets expanded to $326.395 million.

Boab Metals has moved Sorby Hills from investment decision to construction, but its A$236 million debt facility is not yet available for project drawdowns. The company ended FY26 with A$60.9 million in cash after raising almost A$117 million, while reporting a wider A$7.2 million loss.

Russell Investments Sustainable Global Opportunities Fund reported a sharp lift in annual operating profit and net assets, with its Class RGOS ETF delivering a 14.62% total return. Distributions also increased, although the fund remains closely exposed to international equity markets and currency movements.