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Income Asset Management Group Limited ( (AU:IAM) ) has issued an update.
Income Asset Management Group Limited announced the retirement of directors John Nantes and Craig Swanger, effective after the upcoming Annual General Meeting in November 2025. James Simpson is set to join as a non-executive director, and Jon Lechte will become Managing Director, aligning with the company’s governance enhancement and board renewal strategy. The reorganization aims to accelerate growth and maximize shareholder value, with Danielle Press assuming the role of Chair. These changes are expected to strengthen IAM’s position in the Australian income asset market, which is poised for significant growth.
The most recent analyst rating on (AU:IAM) stock is a Buy with a A$0.08 price target. To see the full list of analyst forecasts on Income Asset Management Group Limited stock, see the AU:IAM Stock Forecast page.
More about Income Asset Management Group Limited
Income Asset Management Group Limited provides a platform for investors, advisers, and portfolio managers to research, execute, and manage income investments. The company specializes in a broad spectrum of income investments, including bonds, loans, and treasury management services, with over $2 billion in funds under administration.
YTD Price Performance: 21.88%
Average Trading Volume: 1,333,672
Technical Sentiment Signal: Hold
Current Market Cap: A$36.3M
See more data about IAM stock on TipRanks’ Stock Analysis page.