Latest Managed Accounts News

InvestSMART Group Limited swung to a net loss of $575,633 in FY26, marking a sharp reversal from the prior year’s profit, amid a strategic pivot including a pending $16 million sale of its Intelligent Investor business.

Bell Financial Group surged to a $21.7 million half-year profit, more than doubling its net profit on stronger markets and the launch of its Bell Potter Private Wealth platform. The company also lifted its interim dividend by 67%, reflecting confidence in its diversified financial services model.

Cobre Limited’s Sierra Atacama project delivers first consecutive positive operating cash flow months, while a major drilling program and $90 million capital raise set the stage for growth.

Generation Development Group (ASX: GDG) closed FY26 with a 36% jump in funds under management to $46.4 billion, powered by record sales at Generation Life and a landmark strategic partnership with Colonial First State.

Tourism Holdings Limited has upgraded its FY26 underlying net profit after tax to around $46 million, beating earlier guidance. The company reports strong vehicle sales in New Zealand and robust late bookings, particularly in North America, while net debt ended lower than expected.

HUB24 delivered a standout FY26 with record net inflows of $18.9 billion, a 20% rise excluding large migrations, and boosted total Funds Under Administration to $164.3 billion. The platform’s adviser base grew 11%, while new product launches and AI-driven tools expanded its market footprint.

Advance ZincTek expects a 13% increase in unaudited profit before tax for FY26, driven by a 12.65% rise in sales revenue amid growing global enquiries.

Navigator Global Investments boosted its ownership-adjusted assets under management by 6% to USD33.6 billion in Q4 FY26, driven by strong hedge fund performance and significant net inflows, setting a robust platform for FY27.

Netwealth Group posts a record $135.7 billion in funds under administration for FY26, driven by strong net flows and platform enhancements despite short-term geopolitical jitters.

INOVIQ Ltd has revealed significant sample quality problems in its EXO-OC ovarian cancer diagnostic study, prompting a technical review and a refined development approach while maintaining its dual commercialisation strategy.

Tamawood expects a 40% increase in FY26 profit before tax to $11.679 million, buoyed by improved cash reserves and operational resilience amid cost pressures.

Cobram Estate Olives has wrapped up a smaller 2026 Australian olive harvest amid natural production cycles and flagged legal challenges over its California Olive Ranch acquisition, while integration efforts progress.