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Showing 11 - 20 of 40 results for "Brett Cairns"

Magellan shuns turnaround companies

KARREN VERGARA | FRIDAY, 4 FEB 2022

... $95.5 billion in the space of three months between September and December 2021. In the same period, chief executive Brett Cairns resigned for personal reason, while Douglass had to appease shareholders worried about what the separation from his wife ...

Morningstar cuts fair value estimate for Magellan

ELIZABETH MCARTHUR | TUESDAY, 21 DEC 2021

... FUM, Magellan's next four largest mandates make up just 2% of its FUM. And Ler isn't worried about chief executive Brett Cairns resigning or Hamish Douglass announcing his divorce - saying these events have no bearing on the company's investing calibre ...

Magellan loses significant mandate

ELIZABETH MCARTHUR | MONDAY, 20 DEC 2021

... shareholder asked the board to review the cost of its mandate with Magellan. Earlier this month, Magellan chief executive Brett Cairns departed suddenly. This year also saw Magellan's global equities strategy drop by $4 billion - with outflows of $1.5 ...

Magellan chief executive resigns

ELIZABETH MCARTHUR | TUESDAY, 7 DEC 2021

The chief executive of Magellan, Brett Cairns, has resigned for personal reasons. The fund manager's chief financial officer Kristen Morton is stepping in as interim chief executive. Morton has been chief financial officer at Magellan for more than ...

Magellan to move to higher tax rate

KANIKA SOOD | WEDNESDAY, 18 AUG 2021

... the level of franking attached to dividends will likely increase," Magellan Financial Group chief executive officer Brett Cairns said in its annual report. At the full 30% tax rate, Magellan would have paid $101.2 million taxes this year. However, it ...

Magellan launches FuturePay

ANNABELLE DICKSON | TUESDAY, 1 JUN 2021

... this offer will be appealing to some investors in that retirement income space," he said. Magellan chief executive Brett Cairns went on to explain FuturePay is a replacement for a pay cheque. "The pay cheque stops and the super and savings need to be ...

Magellan retirement product nears launch

KANIKA SOOD | WEDNESDAY, 26 MAY 2021

... advisers, particularly those dealing with the problem of establishing a retirement income...," Magellan chief executive Brett Cairns said. It is understood that the Magellan FuturePay will be listed on the stock exchanges. It is likely to use Magellan's ...

O'Dwyer joins Barrenjoey

ANNABELLE DICKSON | TUESDAY, 13 APR 2021

... Benari said. O'Dwyer and Spencer join Gonski, Barclays Global Head of Banking Paul Compton, Magellan chief executive Brett Cairns, and Barrenjoey founding partners Guy Fowler, John Cincotta and Benari. The firm noted it will appoint two female independents ...

Magellan launches funds on Chi-X

ELIZA BAVIN | TUESDAY, 15 DEC 2020

... of high-quality companies with meaningfully lower carbon factor risk than global markets. Magellan chief executive Brett Cairns said the core series has been under development for some time and will extend Magellan's approach to the institutional ...

Magellan chief backs health startup

KANIKA SOOD | TUESDAY, 20 OCT 2020

When it comes to investing his own money, Magellan's chief executive Brett Cairns likes to go back to his roots in science. Cairns was paid $1.5 million in FY20, not including variable remuneration of $772,500, which he was eligible for but waived. ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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