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InvestSMART Group (ASX:INV), a financial services company, agreed to sell its Intelligent Investor business. In May 2026, DMX Asset Management reported InvestSMART entered a binding agreement to sell its Intelligent Investor subscription research business, a move that could crystallise value and sharpen the company's focus on its remaining operations. InvestSMART Group operates in the Financials sector within the Capital Markets industry, and Thesis Tracker has captured 1 comment from 1 fund manager, DMX Asset Management. Founded in 2004 and headquartered in Sydney, InvestSMART provides low-cost managed portfolios, ETFs, financial advice and investment research to retail investors in Australia, including its InvestSMART capped-fee portfolios and, until the sale, the Intelligent Investor newsletter and research service, earning management fees and subscription revenue.
Company figures as of 15 Oct 2026. For information only.
Fund managers including DMX Asset Management have invested in InvestSMART Group Limited (ASX:INV).
DMX highlights the sale of Intelligent Investor, which could unlock value and allow InvestSMART to focus on its managed portfolio business.
The available commentary does not set out specific risks, though InvestSMART's remaining business depends on growing funds under management.
InvestSMART Group Ltd is a closed-end investment fund company based in Sydney, Australia. Founded on November 12, 2004, it provides financial advice to retail clients and self-managed superannuation funds (SMSFs). The company also offers research and portfolio management tools for private investors, along with commission rebates on selected managed funds and life insurance products. This overview is relevant for investors seeking company and fund manager commentary.
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11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.