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Showing 121 - 130 of 335 results for "Magellan"

LICs show sign of struggle

ANNABELLE DICKSON  |  WEDNESDAY, 16 DEC 2020
... broader investment managers that offer different products. The largest managers operating in the space are AICS, Argo and Magellan with $8.36 billion, $5.28 billion and $4.4 billion, respectively.

ETF industry revenues revealed

KANIKA SOOD  |  TUESDAY, 15 DEC 2020
... million and $34 million in revenue from ETFs for the period. Their share of total revenues was 18% and 16% respectively. Magellan took the fifth spot with an estimated fee revenue of $31.3 million in the year ending September, followed by VanEck ($17.1 ...

Magellan launches funds on Chi-X

ELIZA BAVIN  |  TUESDAY, 15 DEC 2020
Magellan Financial Group has launched its MFG Core Series and the Magellan Sustainable Fund on Chi-X. The MFG Core series includes three funds: the MFG Core International Fund, the MFG Core ESG Fund and the MFG Core Infrastructure Fund. Magellan said ...

Financial services' biggest tax bills revealed

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
... Macquarie Group followed behind at $493 million. Next up were the ASX at $282 million and the Future Fund at $231 million. Magellan Financial Group led the fund managers with a tax bill of $104 million followed by Platinum Asset Management at $66 million. ...

AllianceBernstein Australia eyes ETFs

KANIKA SOOD  |  MONDAY, 7 DEC 2020
... list it on the exchange, with the quoted units and unlisted units coming out of the same investment pool, similar to Magellan. Doing so required AB to change the constitution of the fund, which Driscoll said passed with a 100% vote in favor of the resolution. ...

Best managed funds, ETFs named

STAFF WRITER  |  FRIDAY, 4 DEC 2020
Too many funds, which one to pick? Money magazine's annual Best of the Best Awards recognise the standout performers. The 2021 awards looked at the top-five across 12 unlisted fund categories and separately, three ETP categories. To win funds needed ...

Magellan adds to board

ANNABELLE DICKSON  |  MONDAY, 30 NOV 2020
Magellan Financial Group has welcomed a non-executive director with extensive experience in the retail industry to its board. Colette Garnsey has over 40 years' experience in retail, marketing and distribution and is currently the chair of Australian ...

Magellan axes currency hedging in trust

ANNABELLE DICKSON  |  THURSDAY, 26 NOV 2020
A Magellan trust has removed its currency hedging strategy to reduce the downside risk to the portfolio when equity markets and the value of the Australian dollar are both declining. Magellan High Conviction Trust will move to an unhedged approach to ...

Barrenjoey Capital hires from FIIG

ELIZA BAVIN  |  THURSDAY, 12 NOV 2020
The newly-launched, Magellan-backed investment bank has added a head of credit risk from FIIG Securities. Asmita Kulkarni left the role of director, investment strategy group at FIIG to join the new venture established by former Challenger managing ...

AMP Capital bids farewell to active ETFs

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
AMP Capital is delisting all of its ETFs after about four years on the ASX, following UBS Asset Management's move in March. The last trading day will be December 4, with final distributions from the wind up set for December 31. "...the decision ...