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Investment

Magellan inks strategic partnership as results hint at turnaround

Magellan Financial Group will take a stake in Vinva Investment Management, as it reports an increase in profits and stabilised outflows - but it says there's still work to be done.

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Read more: Vinva Investment ManagementMagellan Financial GroupAndrew FormicaBarclays Global InvestorsMagellan Asset ManagementMorry WakedSophia Rahmani