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Showing 131 - 140 of 335 results for "Magellan"

Magellan's largest client asked to review costs

KANIKA SOOD  |  WEDNESDAY, 28 OCT 2020
An activist shareholder is asking for a cost review at Magellan's biggest client, St James Place. But the risk to Magellan is low, says Credit Suisse. The UK wealth manager has been using Magellan's strategies since 2011 and was its first overseas client. ...

Magellan chief backs health startup

KANIKA SOOD  |  TUESDAY, 20 OCT 2020
When it comes to investing his own money, Magellan's chief executive Brett Cairns likes to go back to his roots in science. Cairns was paid $1.5 million in FY20, not including variable remuneration of $772,500, which he was eligible for but waived. ...

Aussie asset managers fourth-fastest in global growth

KANIKA SOOD  |  TUESDAY, 20 OCT 2020
... Management ($141 billion) and Pendal Group ($70 billion) made it to the 100-200 largest asset managers around the world. Magellan Asset Management ($68 billion) came in 205, followed by QIC ($58 billion) at 235 and Challenger ($57 billion) at 237. Pinnacle's ...

Netwealth sees rise in inflows

ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
... as at 30 September 2020. In August Netwealth announced the launch of two news funds on its platform, both managed by Magellan Asset Management. The platform provider said those funds mark the first in a series of new Netwealth specialist funds which ...

Netwealth appoints international custodian

KANIKA SOOD  |  TUESDAY, 29 SEP 2020
... providing a full suite of fund administration services that will support their new global specialist series offering [from Magellan Financial Group]. Our international access is unparalleled in the Australian market," Citi Australia head of equities ...

Magellan, Barclays back new firm

KANIKA SOOD  |  MONDAY, 21 SEP 2020
Magellan Financial Group and Barclays have signed on as foundation investors in a new financial services firm which is launching with former Challenger chief Brian Benari as its chief executive. Barrenjoey Capital Partners is slated for a mid-2021 launch ...

The fundies of tomorrow

ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
... range of securities across a few sectors including Westpac Bank, IMF Bentham (now Omni Bridgeway), Bingo Industries, Magellan Financial Group, Flexigroup and EML payments," he says. There are around 30 roles between front office (portfolio manager and ...

Credit Suisse names preferred investment options

ELIZA BAVIN  |  TUESDAY, 8 SEP 2020
... sector in the June quarter and early signs indicated this continued into the September quarter. "The exception to this is Magellan Financial Group (MFG) who continue to attract strong inflows," it said. "Weak markets in the last half generally resulted ...

Hearts and Minds donates almost $10m to charity

ALLY SELBY  |  TUESDAY, 1 SEP 2020
... Will Vicars and Michael Messara from Caledonia Investments; Peter Cooper from Cooper Investors; Hamish Douglass from Magellan; Philip King from Regal Funds Management; David Paradice from Paradice Investments; and Hamish Corlett and Tom Cowan from TDM ...

Magellan readies lower-cost funds

KANIKA SOOD  |  WEDNESDAY, 12 AUG 2020
Magellan is readying a new low-cost lineup of its strategies for retail investors, as it reports 5% higher net profit after tax of $395.2 million for FY20. The Magellan Core series will kick off as open-ended funds on Chi-X (so far its ETFs use ASX ...