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Magellan's largest client asked to review costsBY KANIKA SOOD | WEDNESDAY, 28 OCT 2020 12:42PM
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.
Read more: Magellan, St James Place, Credit Suisse, PrimeStone Capital
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Bridging the platform gap
In a study of 3.8 million analyst forecasts in 45 countries between 1994 and 2019 it has been found that US analysts fail to outperform on average.
Despite the tumultuous market conditions brought about this year, Longlead Capital Partners believes Pan-Asia equities are set to deliver a strong performance in 2021.
A non-executive director of the platform provider has been forced to step down following an administrative error, while the former Powerwrap chair has been appointed to the board.
An industry fund has awarded $170 million to an emerging markets strategy from Pinnacle's latest boutique partner.
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