The latest issue of Financial Standard now available as an e-newspaper

READ NOW

Investment

Magellan downplays collapse, open to takeover

BY KARREN VERGARA | WEDNESDAY, 8 NOV 2023 12:41PM

The 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.

Upgrade your subscription to access this article

And gain access to:

All website content, including archived news
Home page news customisation
Tech Zone, your technical resource library

And more

Already A Subscriber?

UPGRADE SUBSCRIPTION

VIEW COMMENT (1)

Related News

►	Canopy Investors shuts doors, winds up fund
►	Magellan awards $5.3bn global equities mandate
►	arcpoint OCIO wins three mandates
►	Partners Wealth Group unveils new identity for Partners Private
►	Magellan shareholders say yes to Barrenjoey takeover
►	Lowy family takes stake in Magellan
►	Magellan to merge with Barrenjoey for $906m
►	Former Mason Stevens investments lead sets up own OCIO
►	Magellan records drop in assets under management
►	Magellan global equities lead exits amid investigation

Editor's Choice

Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

Videos

Brought to you by

SMILE through retirement - tackling the top 5 (Sequencing, Market, Inflation, Longevity, Emotion) retirements risks

Follow the leaders

The market has changed. The opportunity hasn't.

Strength amid noise

Global economic outlook and the case for local currency emerging market debt: Resilience, risk, and opportunity

Maintaining a fundamental focus in a world obsessed with the short term

A guaranteed future

MORE VIDEOS

Products

'Guide To' Series

Pocket investment guides featuring adviser case studies and a glossary.

MORE INFO

Publisher's Forum

Investing trends and strategies from the industry’s thought leaders.

MORE INFO

Product Showcases

Putting the spotlight on investment products that matter.

MORE INFO

Expert Feed

Christian Mueller-Glissmann

Head of Asset Allocation Research

Goldman Sachs

When geopolitics becomes a portfolio risk

Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.

READ MORE

Tania Milnes

General Manager Membership

Financial Advice Association Australia

Does association membership still matter?

With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...

READ MORE