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Magellan funds under reviewBY ELIZABETH MCARTHUR | TUESDAY, 8 FEB 2022 12:37PM
After Magellan co-founder Hamish Douglass announced he would take extended medical leave, the company's share price dove and its fund ratings are under review.
Read more: Magellan, Morningstar, Hamish Douglass, St James Place, Chris MacKay
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Maritime Super reappointed MLC Life Insurance as its group insurer, effective July 1.
Iress has reported a 29% increase to its underlying net profit after tax (NPAT), coming in at $31.8 million, as it looks to strengthen its position with superannuation funds.
Transurban has named Craig Drummond as its chair, replacing Lindsay Maxsted who will retire this year.
Norges Bank Investment Management announced the Government Pension Fund Global lost 1.68 trillion Norwegian krone, which is the equivalent of almost $250 billion AUD in the first half of this year, largely driven by equity returns, primarily technology stocks.
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GROUP EXECUTIVE OF MEMBERSHIP
Driven by a relentless commitment to helping others, it's of little wonder Rose Kerlin has excelled at leading profit to member and purpose-led organisations. Andrew McKean writes.