Australia's L1 Group rises on upbeat funds under management

L1

15/07/2026 02:02

** Shares of fund manager L1 Group L1G.AX rise as much as 2.1% to A$1.2
** The company posts 12.4% sequential increase in June-quarter funds under management to A$19.1 million ($13.33 million) 
** Shares on track for their best day since July 6, if gains hold    
** Stock up 11.7%, YTD, including moves in current session
     
     
($1 = 1.4327 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((Jasmeenaraislam.Shaikh@thomsonreuters.com;))