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Showing 11 - 20 of 38 results for "Brett Cairns"

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. ...

Magellan, Barclays back new firm

KANIKA SOOD  |  MONDAY, 21 SEP 2020
... shares and $90 million of cash), a 4.99% voting interest and a board position filled by Magellan chief executive Brett Cairns. It will also provide a $50 million working capital facility, and have no day-to-day operational involvement. "Magellan is delighted ...

Magellan readies lower-cost funds

KANIKA SOOD  |  WEDNESDAY, 12 AUG 2020
... cost...we are very mindful there is an audience we are not addressing," Magellan Financial Group chief executive Brett Cairns said. While the Core International Fund and Core ESG are new additions, Magellan has already offered the core infrastructure ...