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Showing 251 - 260 of 411 results for "Magellan"

Plato to raise $200 million

KRISTI CHENG  |  THURSDAY, 15 AUG 2019
... said. The closing date for both the Entitlement Offer and the Broker Firm Shortfall Offer is 30 August 2019. This week, Magellan Financial Group also announced it plans to raise $275 million in capital to fund growth opportunities, including the development ...

Future Fund voted down Pinnacle equity grants

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
... fruitful. Over 87% of the votes supported the equity grant resolutions. Last financial year, Future Fund voted against Magellan Financial Group's resolutions to grant equity and a loan to former Wallabies star John Eales who is a non-executive director ...

Magellan posts bumper profits, raising $275m

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
Magellan Financial Group reported a 78% jump in its profit for the financial year ending June and announced a $275 million institutional raise for MFG shares this morning. Magellan's stable of well-performing equities funds are now managing an average ...

ASIC clamps down on opaque active ETFs

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
... ETFs used the internal market making model at end of last financial year. This includes active ETFs from issuers such as Magellan, Platinum, Fidelity, BetaShares and others. Deutsche and Macquarie are among the investment banks which act as access providers ...

Global manager hires from Magellan

KANIKA SOOD  |  TUESDAY, 23 JUL 2019
An international manager with a growing local footprint has hired a Magellan business development manager as its wholesale distribution lead. GQG Partners appointed Daniel Bullock as director of wholesale markets Australia. Bullock was most recently ...

Fund managers lag on ESG

KANIKA SOOD  |  FRIDAY, 5 JUL 2019
... falling behind their ASX 200 counterparts in disclosing ESG factors about their companies, according to a new report. Magellan Financial, Pendal Group and Platinum Asset Management all scored lower than the median score of 76.1 on ESG disclosures on ...

Magellan renews fund administrator

KANIKA SOOD  |  WEDNESDAY, 26 JUN 2019
Magellan Asset Management has renewed its fund administration agreement for another five years. Mainstream has provided administration services to Magellan since 2007. Magellan has extended the contract for the next five years with an automatic renewal ...

Wealth firm trims Aussie shares

KANIKA SOOD  |  FRIDAY, 14 JUN 2019
... returns of the index sit lower at 6.47%. The 10 largest holdings in the index include A2 Milk, Tabcorp, Bluescope, Seek, Magellan Financial Group and Xero.

Magellan changes board responsibilities

KANIKA SOOD  |  WEDNESDAY, 5 JUN 2019
Magellan Financial Group has made changes to board responsibilities, including a new deputy chair for the company. Hamish McLennan has been appointed as deputy chair of Magellan Financial Group, second to Hamish Douglass who is chair of the ASX-listed ...

US relaxes active ETF disclosures

KANIKA SOOD  |  TUESDAY, 16 APR 2019
... actively-managed exchange traded products account for just 7% of the total $45.8 billion market. And it is dominated by Magellan which has more than half of the 7% slice. Meyer says the new rules could nudge active fund managers towards exchange-traded ...