Latest Portfolio Management News

Revolution Private Credit Income Trust (ASX: REV) posted a 6.25% net return for its inaugural period, outperforming its benchmark, and executed an on-market buy-back worth $23 million.

Regal Investment Fund posted a standout FY2026 with a 17.32% net return, tripling operating profit to $117.9 million and continuing its on-market buy-back program.

Pengana Private Equity Trust (ASX: PE1) posted a 23.2% net return for FY2026, powered by a dramatic revaluation of SpaceX and strong gains across a diversified private equity portfolio.

State Street’s suite of six SPDR International Equity ETFs reported solid net asset growth and consistent benchmark tracking for the year ended 30 June 2026, with comprehensive risk management and an unqualified audit from Ernst & Young.

State Street's suite of Australian equity ETFs delivered solid operating profits and net asset growth for the year ended 30 June 2026, with most funds closely tracking or outperforming their benchmarks.

L1 Long Short Fund Limited (ASX:LSF) posted a standout FY26 with a 45.4% net portfolio return, driving a 538% jump in net profit after tax to $635 million and a 22% CAGR in dividends since IPO. The fund also released its inaugural climate-related disclosures, affirming resilience amid evolving risks.

L1 Global Long Short Fund (ASX:GLS) reported a striking $121.3 million net profit for FY26 following its strategic reset, declaring a fully franked 2.00 cent final dividend and targeting 8.00 cents per share for FY27.

Prescient Therapeutics (ASX:PTX) has opened a $7 million Share Purchase Plan at a significant discount to advance its lead cancer therapy PTX-100 beyond a pivotal Dose Optimisation Committee review in late 2026.

Bayan Mining has finalised the sale of its Bayan Springs North Project to Sun Silver, securing upfront and contingent payments while retaining a 1% royalty to maintain exposure to future exploration success.

Steel & Tube Holdings reported a 13.9% revenue rise and a 376% jump in normalised EBITDA for FY26, despite a statutory net loss of NZD 61.2 million driven by significant asset impairments and ongoing market challenges.

humm Group reports a 60% drop in FY26 net profit after tax to $15.7 million, weighed down by irregular legal expenses and credit impairments, while declaring a final dividend and completing major board renewal.

Underwood Capital Limited (ASX:UWC) posted a 21% drop in profit after tax to $0.193 million for FY26, weighed down by a $1.8 million loss on its Weed Me stake despite gains in listed securities. The company’s net tangible assets held steady at $19.3 million, supported by ongoing share buybacks amid persistent share price discounts.