Latest Financial Services News

WAM Income Maximiser Limited has successfully completed an oversubscribed $120.2 million placement, reflecting robust investor confidence since its April 2025 IPO. The company also declared a fully franked dividend for October and provided guidance for upcoming months.

Australian Finance Group Ltd (AFG) reported a robust 21% increase in net profit for FY25, driven by strategic broker network expansion and technology investments, while setting ambitious growth goals through FY29.

Fiducian Group Limited has voluntarily released its Appendix 4C for Q3 2025, reporting steady net inflows to its core platform and a rise in total funds under management to $15.6 billion.

BlackRock Investment Management (Australia) Limited has updated its estimated cash distributions for the iShares Balanced ESG ETF and the iShares High Growth ESG ETF, providing investors with important timetable details and tax compliance reminders.

Navigator Global Investments reports a 3% rise in total assets under management to USD 87 billion, driven by strong growth in Lighthouse Partners and private markets despite a challenging investment landscape.

Equity Story Group Ltd (ASX – EQS) has announced a fully underwritten renounceable entitlement offer to raise approximately $3.54 million, aiming to accelerate its entry into the property sector and strengthen working capital.

AMP Limited reports a 3.6% rise in total assets under management, driven by a 61.6% jump in Platforms net cashflows and steady growth across divisions, alongside significant legal settlements.

NSX Limited’s shares have been suspended from trading following Federal Court approval of its acquisition by an Ontario-based entity linked to CNSX Markets Inc. This marks a significant shift in ownership for the Australian stock exchange operator.

The ASX has released its latest list of entities suspended from trading for over three months, highlighting looming deadlines for report submissions and potential removal from the official list.

Dominion Investment Group Limited has announced an offer of up to $500 million in unsecured, deferrable, redeemable floating rate notes, aiming to provide investors with monthly income and ASX listing under ticker DMNHA.

NSX Limited confirms the legal effectiveness of its acquisition by a Canadian entity, with trading suspended and shareholder payments scheduled.

Regal Partners Limited reported a robust 13.1% increase in funds under management to $20 billion, driven by strong client inflows and positive investment returns. Performance fees for the second half of 2025 are tracking well above broker expectations, signaling strong momentum.