Half Yearly Results

Be interesting to see what is in the capial management update due to be released in Feb 2025.

Strategic Capital & Stability Buffer has protected the business from recent challenges
Over time, anticipate a lower level of Stability Buffer will be required, as the business becomes more resilient and impacts of initiatives such as the Magellan Global Fund conversion dissipate
Continue to have a strong dividend policy and recently extended buyback to April 2025― ~7 million shares bought back since inception, with ~2 million bought back in August and September 2024― ~3 million share remaining under buyback as at 30 September
Board approved increase in seed funding for the Airlie Small Companies Fund to $20m reflecting heighted investor interest following
successful October roadshow

Board continues to assess strategic growth opportunities, balanced with active review of capital management― Intend to update shareholders in February 2025