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Showing 241 - 250 of 2476 results for "James"

Douglass exits Magellan board

KARREN VERGARA  |  MONDAY, 21 MAR 2022
Magellan Financial Group's Hamish Douglass tendered his resignation as a director from the board effective March 19. The board said his resignation is "due solely to his medical leave of absence", which was announced to the ASX on February 7. The ...

Magellan loses $5bn in fortnight

KARREN VERGARA  |  MONDAY, 14 MAR 2022
Magellan Financial Group reported another massive outflow in which $5 billion left the ASX-listed fund manager in two weeks. This brings total funds under management to $69.1 billion as at March 11. Some $4.7 billion of the most recent outflows came ...

Magellan loses more investors, FUM slumps

KARREN VERGARA  |  MONDAY, 28 FEB 2022
Investors continue to abandon Magellan Financial Group as funds under management currently dip below $80 billion. Some $18.3 billion disappeared from the ASX-listed fund manager between December 2021 and February 23, as total FUM now sits at $77.2 billion. ...

Magellan promises better investment performance

KARREN VERGARA  |  FRIDAY, 18 FEB 2022
After a turbulent six months, Magellan Financial Group acknowledged it needs to improve its investment performance. Releasing its half-year results this morning, Magellan interim chief executive Kirsten Morton assured investors that the "financial health ...

Former Pinnacle executive in new role

JAMIE WILLIAMSON  |  WEDNESDAY, 16 FEB 2022
... team and process," she said. 4D Infrastructure has also promoted two of its analysts recently to senior roles. Christopher James, who has been with the firm since 2016, is now a senior investment analyst, as is Tasneef Rahman who joined 4D in 2017. "Since ...

FSCP panel members named

CHLOE WALKER  |  TUESDAY, 15 FEB 2022
... are: Shabnam Amirbeaggi, Debra Anderson, Julie-Anne Berry, Gabrielle Bouffler, Kathryn Brown, Donna Caird, Ian Chambers, James Cotis, Donald Crellin, Gary Croker, Bruce Debenham, Hamish Dee, Gary Deegan, Jennifer Diggle, Bradley Fox, David Giovanelli ...

Magellan fund loses $1bn in five months

KARREN VERGARA  |  WEDNESDAY, 9 FEB 2022
A Magellan fund has lost nearly $1 billion in the last five months of 2021, an analysis of the exchange-traded product sector reveals. Rainmaker Information's latest ETP Report found that the Magellan Global Fund Open Class lost $737 million in ...

Magellan funds under review

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
... the share price was above $20. In December 2021, the company's share price took a significant hit after UK wealth firm St James' Place pulled a $19 billion mandate. Magellan's share price tumbled from a high of $34.50 in November to less than $20. At ...

Hamish Douglass takes leave of absence

CHLOE WALKER  |  MONDAY, 7 FEB 2022
Magellan chair Hamish Douglass will take a medical leave of absence to prioritise his health after a period of intense pressure, the company has said in a statement to the ASX. The leave of absence comes as Magellan reports a loss of almost $2 billion ...

Magellan shuns turnaround companies

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
Magellan Financial Group chair Hamish Douglass continues to take a contrarian stance by shunning "turnaround companies", claiming they make it difficult for fund managers to be profitable. A company in the process of turning around its operations are ...