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Showing 31 - 40 of 1333 results for "MAG"

Buyout firm nabs GQG executive

ELIZABETH FRY  |  THURSDAY, 27 MAR 2025
EQT, the Swedish buyout firm, has snapped up GQG Partners' long-serving distribution lead. Daniel Bullock - who worked at GQG for six years - has been appointed EQT's head of private wealth in Australia. Under his leadership, GQG's distribution ...

Holding mega-cap stocks could be detrimental: Research

ELIZA BAVIN  |  WEDNESDAY, 26 MAR 2025
The historically high levels of concentration in equity markets of recent years, powered by a handful of mega-caps, points to a likely resurgence of diversified strategies over the next decade, according to new research by Scientific Beta. Scientific ...

Ord Minnett poaches Perpetual advisers amid hiring spree

ANDREW MCKEAN  |  MONDAY, 17 MAR 2025
Ord Minnett (Ords) has added nine new senior advisers to its ranks - seven from Perpetual and two from FIIG Securities - as part of a broader push to grow its client and adviser base. Former Perpetual partners Malissa Tobias, Mark Heffernan, and Con ...

Deficit to reach $26bn: Deloitte

KARREN VERGARA  |  MONDAY, 17 MAR 2025
The federal government's pre-election budget is expected to unveil an underlying cash deficit of $26.1 billion for the 2025 financial year, while revenues will deteriorate by $11.3 billion over four years, a new report from Deloitte shows. The deficit ...

GQG loses top sales exec

ELIZABETH FRY  |  THURSDAY, 13 MAR 2025
GQG Partners has a new head of wholesale following the shock departure of Daniel Bullock who has been with the boutique manager since it opened its doors in Australia. Ash Naidu will step into the top distribution job. This is a big promotion for Naidu ...

Beware creep of cancel culture into super fund governance: Lawyer

ANDREW MCKEAN  |  FRIDAY, 7 MAR 2025
The prudential regulator is calling for the consideration of perceived conflicts of interest and reputational risks when appointing directors, and while it's easy to think of cases where this would be appropriate, Gilbert + Tobin partner Luke Barrett ...

Financial services chips away at gender pay gap: WGEA

KARREN VERGARA  |  TUESDAY, 4 MAR 2025
The financial services sector made a fractional improvement on its gender pay disparity, reporting a 22.2% gap on a median and average basis, the latest Workplace Gender Equality Agency's (WGEA) report shows. The 2024 financial year shows that financial ...

Global active equity managers suffer their worst year in decades

ANDREW MCKEAN  |  THURSDAY, 27 FEB 2025
Global active equity managers faced their toughest year in over two decades in 2024, according to Frontier Advisors. Frontier Advisors said heightened market concentration and US equity dominance created formidable headwinds, with most managers struggling ...

Platinum rolls out major leadership reshuffle

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
Platinum Asset Management has unleashed a major reshuffle of its leadership team as it continues to focus on turnaround plans. In February 2024, Platinum announced a comprehensive turnaround program under the leadership of chief executive Jeff Peters. ...

Magellan sees profit fall 10%

ELIZA BAVIN  |  THURSDAY, 20 FEB 2025
Magellan Financial Group (MFG) saw net profit down 10% to $94 million in the half year to 31 December 2024. Assets under management remained steady at $38.6 billon, and performance fees rose slightly from $6 million to $6.1 million. Magellan declared ...