Latest Managed Funds News

Australian United Investment Company (ASX:AUI) reported a $220.4 million profit after tax for FY2026, driven by a $159.9 million gain from its merger with Diversified United Investment (DUI). The merger expanded AUI's portfolio to $3.1 billion and added international equities exposure.

Equus Energy's Pre-FEED study confirms a robust, phased development plan for its Equus Gas Project, targeting LNG, domestic gas, and condensate production with strong economic returns.

Fiducian Group posted solid underlying earnings growth in FY2026, boosted by a 7% rise in funds under management, advice and administration, while absorbing a one-off $7.95 million ASIC penalty that halved statutory profits.

Pepper Money, alongside KKR and PIMCO-managed funds, has finalized the $15.4 billion RAMS home loan portfolio acquisition from Westpac, marking a significant step in expanding its capital-light servicing business.

Westpac has completed the $15.4 billion sale of its RAMS mortgage portfolio to a consortium including Pepper Money, KKR, and PIMCO, lifting its capital ratio and simplifying operations.

HSBC Bank Australia has agreed to sell its AUD36 billion home and personal loan book to Blackstone-managed funds, marking a significant retreat from retail banking. The deal awaits regulatory approvals and is expected to close in H1 2027.

HSBC Bank Australia is exiting its retail loan business by selling a AUD36 billion home and personal loan portfolio to Blackstone-managed funds, with completion targeted for early 2027 pending regulatory approval.

HSBC Bank Australia has struck a deal to offload its AUD36 billion home and personal loan book to Blackstone-managed funds, marking a strategic retreat from retail lending and a reshaping of its Australian operations.

Perpetual Limited recorded solid growth across its divisions in Q4 FY26, with Corporate Trust and Asset Management buoyed by market gains despite net outflows. The company is advancing the sale of its Wealth Management arm to Bain Capital, targeting completion in late 2026.

Regal Partners has reported a doubling of normalised NPAT to at least $90 million for 1H26, driven by record performance fees and strong net inflows. Funds under management climbed 6% to $21.4 billion, underpinned by robust demand across hedge funds and credit strategies.

Silver Mines has confirmed robust economics for its Bowdens Silver Project, boosting ore reserves to 93.5 million ounces and outlining a 26-year mine life with a $455 million capital cost estimate.

Pioneer Credit has reported a breakout FY26 with a 248% jump in NPAT to $23.2m and is raising $17m to fuel further Purchased Debt Portfolio investments in FY27.