Latest Investment Management News

MA Credit Income Trust (ASX, MA1) has successfully raised nearly A$50 million through a wholesale placement, reflecting strong investor appetite for its private credit strategy. The placement was complemented by a significant sell-down of existing units, underscoring robust demand.

Platinum Capital faces a significant hurdle as L1 Capital, holding nearly 17% of shares, declares opposition to its proposed restructuring scheme. The Board remains supportive but is exploring alternatives.

AGP Investment Management forecasts a strong unfranked distribution for the WCM Quality Global Growth Fund – Active ETF, following a stellar 30.22% return year-to-date that outpaces its benchmark by over 14%.

MA Income Credit Trust (ASX, MA1) has launched a placement to raise nearly A$50 million, aiming to bolster its exposure to private credit through new unit issuance at a slight discount. The capital will fund investments across direct lending, asset-backed lending, and corporate lending segments.

MA Income Credit Trust (ASX, MA1) has launched a fully underwritten wholesale placement to raise nearly $50 million, issuing new units at $2.00 each. The capital will support its core credit investment strategy without requiring securityholder approval.

MA Income Credit Trust (ASX – MA1) has launched a fully underwritten wholesale placement to raise nearly $50 million, aiming to bolster its credit investment portfolio. The placement will issue over 24.8 million new units at $2.00 each without requiring securityholder approval.

BlackRock Investment Management (Australia) Limited has announced the upcoming distribution schedule for multiple Australian iShares ETFs, including important deadlines for investors opting into the Distribution Reinvestment Plan.

Centuria Capital Group announces a 5.20 cents per stapled security final distribution for June 2025, suspending its Distribution Reinvestment Plan for this payout.

The Australian Taxation Office has issued a binding ruling clarifying the tax treatment for De Grey Mining shareholders following Northern Star Resources’ acquisition. The ruling confirms capital gains tax deferral options for eligible investors.

Wiseway Group Limited will seek retrospective shareholder approval for critical related party leases after ASX determines prior approvals were required. The company assures operations remain unaffected as it commissions an independent fairness report.

S2 Resources Limited launches a discounted Share Purchase Plan allowing eligible shareholders to invest up to $30,000, accompanied by free attaching options exercisable at $0.11. The capital raise supports exploration across key Australian projects.

Solstice Minerals secures a $2.13 million strategic placement from Paradice Investment Management, making Paradice its largest shareholder and fueling exploration at key Western Australian projects.