Latest Asset Management Sector News

Associate Global Partners has signed a Memorandum of Understanding with Muzinich & Co. to develop a global private credit fund offering daily liquidity, pending a formal agreement.

Income Asset Management has issued 34 million new equity-linked securities to key staff, potentially diluting shares by 3.7%, aiming to better align employee rewards with shareholder value.

L1 Group Limited has announced a $330 million equity raising to fund expansion initiatives, including new investment strategies and potential acquisitions, following its recent merger with Platinum Asset Management.

GQG Partners reported a decline in funds under management to US$167.2 billion as net outflows hit US$1.7 billion in September, reflecting cautious investor sentiment amid market volatility.

Magellan Financial Group reported a modest rise in assets under management to A$40.2 billion as of 30 September 2025, reflecting shifts in retail and institutional investor activity.

Samuel Terry Asset Management has raised its takeover offer for Eildon Capital Group securities to A$0.875 per stapled security, sweetening the deal with faster payment terms for electronic transfers.

Income Asset Management has uncovered suspected fraudulent transfers linked to a minority sub-custodian, confirming no client assets were compromised. The company is investigating further and will update the market soon.

333D Limited has secured $1 million through a share placement to fund significant upgrades to its digital asset management platform, opting to preserve its Bitcoin holdings despite unbudgeted development costs.

Pengana International Equities Limited has announced an on-market buy-back of up to 25.7 million ordinary shares, signaling a strategic capital management move without requiring shareholder approval.

Platinum Investment Management has disclosed a significant partial redemption of approximately $580 million by a major client, expected to impact funds under management in October and November 2025.

333D Ltd has reported a remarkable financial turnaround in FY2025, posting a 426% revenue increase and its first profit after tax, driven by its digital asset management strategy.

Regal Partners Limited has announced a fully franked ordinary dividend of AUD 0.06 per share for the first half of FY25, alongside a dividend reinvestment plan open to Australian and New Zealand shareholders.