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Investment

MFG profit falls 47% as Barrenjoey lifts combined earnings

VINNY VUCAGO  |  THURSDAY, 27 AUG 2026
Magellan Financial Group's (MFG) statutory net profit has fallen 47% to $88 million in FY26, despite stronger earnings from Barrenjoey helping lift the combined group's operating profit.

Centrepoint takes control of QLD advice group

VINNY VUCAGO  |  THURSDAY, 27 AUG 2026
Centrepoint Alliance will acquire a 51% controlling stake in Queensland-based financial advice business SEQ Advice Group Pty Limited (SEQ), with the deal expected to initially contribute about $600,000 in annualised EBITDA.

Pacific Current eyes return to active management

RIDDHIMA TALWANI  |  THURSDAY, 27 AUG 2026
Pacific Current is mulling a return to active management, two years after it stepped back from active investing and externalised management of its portfolio.

Aura Group launches PE income fund

ELIZA BAVIN  |  THURSDAY, 27 AUG 2026
Aura Group has launched the Aura PE Evergreen Income Fund designed to address liquidity, income and capital call challenges.

Vanguard adds floating rate ETF, managed fund to product suite

MATTHEW WAI  |  THURSDAY, 27 AUG 2026
Vanguard has launched an Australian floating rate bond index strategy, available through both an ETF and a managed fund format.

Bathla collapse rattles private credit

RIDDHIMA TALWANI  |  WEDNESDAY, 26 AUG 2026
MA Financial has introduced a temporary monthly redemption limit after property developer Bathla Group went into voluntary administration.

AllianceBernstein launches emerging markets active ETF

VINNY VUCAGO  |  WEDNESDAY, 26 AUG 2026
AllianceBernstein (AB) has launched an active emerging market ETF on TMX Australia, expanding its local exchange traded offering and giving investors access to it Strategic Core equities strategy.

JANA launches private credit trust

ELIZA BAVIN  |  TUESDAY, 25 AUG 2026
JANA is expanding its investment trust offering with the launch of an institutional-quality private credit solution.

Super-backed venture fund raises $1bn from global investors

RIDDHIMA TALWANI  |  TUESDAY, 25 AUG 2026
Australian venture capital firm Blackbird, with longstanding support from Aussie superannuation funds, has raised new capital worth $1.05 billion from global investors including Morgan Stanley Investment Management and Schroders.

Super business drives net inflows for Australian Ethical

KARREN VERGARA  |  TUESDAY, 25 AUG 2026
Australian Ethical's superannuation offering brought in $527 million of organic inflows in the last financial year despite being hit with additional licence conditions from APRA that it is currently working through.