Latest Investment Management News

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.

Pinnacle Investment Management has updated its dividend announcement to clarify currency exchange arrangements for its upcoming March payment, offering shareholders flexible options in AUD and NZD.

ARC Funds Limited’s trading suspension has been lifted following key announcements about new board appointments, signaling a fresh chapter for the investment manager.

Challenger Limited has lowered its non-binding offer for Pepper Money to $2.25 per share, adjusting for upcoming dividends, marking its final bid amid ongoing negotiations.

Pinnacle Investment Management has updated its dividend announcement, confirming a fully franked ordinary dividend of 29 cents per share and setting the Dividend Reinvestment Plan price at AUD 14.61020.

H&G High Conviction Limited has been suspended from ASX trading due to failing to meet operational requirements, raising questions about its future as a listed entity.

WAM Active Limited has updated its Dividend Reinvestment Plan rules, allowing residual dividend balances to be carried forward and aligning the plan with current market practices. These changes aim to enhance shareholder participation and capital management.

Argo Investments Limited has confirmed a fully franked dividend of AUD 0.185 per share for the half-year ending December 2025, alongside updated details on its Dividend Reinvestment Plan and Bonus Security Plan pricing.