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| | ... teams, though also conceded that Magellan itself is likely a target for acquisition given the state of things. He said he is open to the idea in so far as, if a potential acquirer were to make an offer, that offer would be put to the board and shareholders. ... |
| | | ... decisions we make and is ultimately delivering for our clients which will deliver value to our shareholders. This includes being open and transparent, ensuring accountability and objectivity to the right governance structures through maintaining a long-term ... |
| | | ... struggle to justify their higher fees compared to low-cost passive options. Nevertheless, the study, which encompasses over 700 open-ended strategies domiciled in Australia, underscored the significance of survivorship when assessing active funds within ... |
| | | ... improving outcomes for our clients and team. We view investment in capability, specialisation and technology coupled with open architecture central to achieving our aspirations in this space." Viridian has 350 staff nationwide, including more than 120 ... |
| | | Islamic Finance provider Hejaz has launched Australia's first Sukuk active exchange-traded fund (ETF), offering retail investors a Shariah-compliant fixed income solution. The Hejaz Sukuk Active ETF (Managed Fund) opened on the ASX today, comprising ... |
| | | ... reinforced NAB will do what it can to support as many Indigenous businesses as possible. "Let me say it very clearly, we are open for business. We want to do much more with these communities, and we are leaning in. We will be responsible lenders, but ... |
| | | Global private capital advisory group Campbell Lutyens has hired former QIC infrastructure specialist Peter Siapikoudis as a managing director in its newly opened Melbourne office. Siapikoudis' association with Campbell Lutyens dates back to 2018 ... |
| | | ... rate in order to be able to continue to plausibly forecast that inflation returns to target over that horizon. "The door is open for a November cash rate hike and our central case sees the RBA lifting its cash rate by 25 basis points at that meeting. ... |
| | | Betashares has unveiled a new investment platform for self-directed investors, offering access to any ETF traded on the ASX at zero brokerage, with features for financial advisers on the horizon. The fund manager's new platform - Betashares Direct ... |
| | | ... David George. Given Formica's background, there could be more of a focus on M&A for the business," he said. Since market open this morning, Magellan share price dropped by 5.36% from $6.45 at the open to $6.18 at time of writing. |
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