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Showing 121 - 130 of 1395 results for "MAG"

Former abrdn MD takes on chief executive role

ELIZA BAVIN  |  FRIDAY, 6 DEC 2024
Hearts and Minds Investments (HM1) has announced current chief executive Paul Rayson will step down from the role, effective 19 February 2025. Rayson has been chief executive since the company was founded and listed on the ASX in November 2018. Hearts ...

Magellan launches third Vinva fund

ELIZA BAVIN  |  MONDAY, 2 DEC 2024
Magellan Asset Management has launched the Vinva Australian Alpha Extension Fund, which it said provides exposure to a 130:30 long-short strategy designed to provide investors with enhanced returns through a systematic and diversified approach. Leveraging ...

Swan hits back at Bragg: 'That's wrong of you'

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
Cbus chair Wayne Swan faced the Senate Economics Committee today to answer questions around the super fund's claim handling delays, governance and payments made to the CFMEU. Cbus is facing legal action from the Australian Securities and Investments ...

Former adviser charged with dishonest conduct

KARREN VERGARA  |  TUESDAY, 19 NOV 2024
A former Shaw and Partners financial adviser has been charged with 26 counts of dishonest conduct in relation to the provision of financial services. Former Brisbane-based financial adviser Kristofer Ridgway appeared at Southport Magistrates Court in ...

Active managers outperform in limited asset classes, fall short in survivorship

KARREN VERGARA  |  MONDAY, 18 NOV 2024
Active fund managers tend to outperform their passive counterparts in certain categories like Australian equity income and bonds, but the latter has better survivorship rates, according to Morningstar's latest Active/Passive Barometer report. The analysis ...

Magellan chief operating and financial officer departs

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
Magellan Financial Group announced Kirsten Morton has resigned as chief operating officer and chief financial officer. Morton started with the group in June 2013 in the joint role of chief financial officer and chief operating officer. She also served ...

Outdated super rule costs teens $10k at retirement

MATTHEW WAI  |  TUESDAY, 12 NOV 2024
New modelling from the Super Members Council (SMC) finds most teenagers will miss out on an additional $10,000 at retirement simply because they're not entitled to superannuation contributions. The lobby group's Guaranteeing a Super Start to Work report ...

Platinum seeks insto managers, new asset classes

KARREN VERGARA  |  TUESDAY, 12 NOV 2024
Platinum Asset Management is seeking out institutional fund managers looking to break into the retail market as it also attempts to enter new asset classes and differentiate itself from a multi-boutique model. Platinum chief executive and managing director ...

Magellan warns of staggering sovereign debt

KARREN VERGARA  |  WEDNESDAY, 6 NOV 2024
The unrelenting rise in sovereign debt could adversely impact investment markets, according to Magellan Financial Group, particularly as global public debt is expected to exceed US$100 trillion by the end of this year. Magellan warns that in many parts ...

Active managers find no saviour in dual access products

ANDREW MCKEAN  |  TUESDAY, 29 OCT 2024
Active managers see dual access products as their ticket to a booming distribution channel, amid the ongoing secular decline of the unit trust industry. However, if they're hoping exchange-traded products (ETPs) will be a saviour - or at least a ...