Latest It Services News

GQG Partners reported a record US$172.4 billion in funds under management as of June 30, 2025, despite relative underperformance due to a defensive portfolio stance. Net inflows remain solid but show signs of moderation compared to last year.

The Environmental Group Limited (ASX – EGL) has landed a $1.9 million contract to design and build its inaugural PFAS treatment plant, marking a key milestone in commercialising its proprietary environmental technology.

Lakes Blue Energy has secured all regulatory approvals to begin drilling the Wombat-5 well in Gippsland, aiming to tap a significant gas resource with potential to ease Victoria’s looming supply crunch.

West African Resources has achieved its first gold pour at the Kiaka project while maintaining solid production at Sanbrado, positioning the company well to meet its 2025 targets.

Kinatico Limited has reported a record FY25 revenue of $32.1 million, driven by a remarkable 54% increase in SaaS revenue and a cash-positive year despite significant technology investments.

BWP Trust proposes to internalise its management by acquiring BWP Management Limited from Wesfarmers for $142.6 million, restructure 62 Bunnings leases to extend lease terms and options, and commit $86 million to capital expenditure at key Bunnings sites. The transaction aims to enhance income certainty, reduce costs, and increase distributions for investors.

BlackRock Investment Management has announced the estimated distribution components for the iShares World Equity Factor ETF for the fiscal year ending June 30, 2025, revealing a total cash distribution of approximately 151.93 cents per unit.

BlackRock Investment Management announces an estimated 180.21 cents per unit distribution for its iShares 20+ Year U.S. Treasury Bond (AUD Hedged) ETF for the June 2025 period, primarily sourced from foreign income.

BlackRock Investment Management announces an estimated 33.12 cents per unit distribution for its iShares Global High Yield Bond (AUD Hedged) ETF for the June 2025 period, predominantly sourced from foreign income. The detailed tax breakdown aims to assist investors, especially non-residents, in managing withholding tax obligations.

BlackRock Investment Management has announced the estimated distribution components for its iShares High Growth ESG ETF for the fiscal year ending June 30, 2025, highlighting a total cash distribution of 69.13 cents per unit.

BlackRock Investment Management (Australia) Limited has announced the estimated distribution components for its iShares Yield Plus ETF for the period ending 30 June 2025, revealing a total cash distribution of 70.57 cents per unit.

BlackRock Investment Management has released the estimated distribution components for the iShares Core MSCI World ex Australia ESG ETF for the period ending 30 June 2025, outlining key income sources and tax implications for investors.