Latest Investment Management News

Count Limited has announced a strategic acquisition of Oracle Group, significantly expanding its financial advice and wealth management footprint across Australia. The deal is backed by a $40.9 million equity raising to support growth ambitions.

Magellan Financial Group has successfully completed its $20 million Share Purchase Plan, attracting applications worth over $129 million and prompting a pro-rata scale-back for larger investors.

Fiducian Investment Management Services Limited has reached a heads of agreement with ASIC to resolve civil proceedings over misleading disclosures in its Diversified Social Aspirations Fund. The settlement includes a $7.3 million penalty and legal costs, pending court approval.

BlackRock Investment Management (Australia) Limited has updated its estimated cash distributions for two key Australian iShares ETFs, with payments scheduled for mid-April 2026. Investors are reminded to update their details and complete tax certifications to ensure smooth dividend receipt.

BlackRock Investment Management (Australia) Limited has announced estimated cash distributions for a suite of Australian domiciled iShares ETFs, outlining key dates and participation details for investors.

Omni Bridgeway Limited has released a comprehensive analyst data pack showcasing its robust 40-year track record, diversified global portfolio, and strategic growth plans in the legal finance sector.

ARC Funds Limited and AUSBIZ Group have mutually cancelled the previously announced assignment of convertible notes in Ausbiz TV, reflecting a strategic shift following changes in ARC’s board and shareholder base.

Challenger Limited’s attempt to acquire Pepper Money has been declined by Pepper’s board, while Challenger moves forward with a $150 million share buy-back program.

Bailador Technology Investments is backing DASH Technology Group with an additional $5 million investment at a valuation below its current carrying value, reflecting cautious optimism amid market pressures.

WCM Global Growth Limited has successfully completed a significant capital raising, issuing nearly 48.5 million new shares and securing $84.8 million through entitlement, shortfall offers, and a placement.

Qualitas Real Estate Income Fund (QRI) is set to initiate an on-market buy-back of up to 10% of its units starting April 2026, aiming to address perceived undervaluation and align with sector peers.

Diversified United Investment Limited has completed sending the Scheme Booklet to shareholders for the proposed merger with Australian United Investment Company Limited. A pivotal Scheme Meeting is scheduled for 16 April 2026 to decide the merger's fate.