Magellan downplays collapse, open to takeoverBY KARREN VERGARA | WEDNESDAY, 8 NOV 2023 12:41PMThe newly appointed executive chair of Magellan Financial Group played down the risk of the company collapsing and admitted that the fund manager is an attractive takeover target as he faced tough questions at today's annual general meeting. Related News |
Editor's Choice
RBA on hold but keeps door open for more hikes
|The Reserve Bank of Australia has kept the door open for further tightening despite keeping the cash rate steady at 4.35%.
DASH appoints new chief executive
|DASH Technology Group appointed a new chief executive, replacing the incumbent who left the company in May.
GQG sees $6.4bn outflows in July
|GQG Partners recorded another significant month of client redemptions in July, with net outflows of US$4.5 billion ($6.4b), as the global fund manager continued to face pressure on funds under management.
A tough year for high-duration bond investors: Morningstar
|New analysis depicted duration as the biggest headwind for bond investors, with both Australian and global bonds labelled as the "laggards" against their peers over the 12 months to June end.
Further Reading
Products
Featured Profile

Andrew Gregory
CHIEF ADVICE OFFICER
UNISUPER
UNISUPER
After 25 years, Andrew Gregory remains motivated by the impact financial advice can have on Australians' lives. As UniSuper's chief advice officer, he is not slowing down on any of his current ambitions. Matthew Wai writes.







What a travesty! I am surprised and somewhat disappointed that there has not been legal action taken against the past Board members!