Money Management rounds up the financial results for Australia’s listed fund managers.

APAC fund manager Nikko Asset Management has announced its plan to rebrand from September 2025 to a new name that reflects its global growth strategy.

The global equity manager has launched a new fund in the Australian market, providing exposure to companies that it believes are “committed to change”.

Pengana is making a strategic reposition to have private markets become the dominant part of its business as it targets the asset class towards non-institutional investors.

The conversion of the Magellan Global Fund units has contributed to $0.7 billion in outflows for the fund manager in August.

The land Down Under has been recognised as an APAC hub for alternatives investment, Preqin finds, amid ASIC’s planned crackdown on private markets.