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Showing 31 - 40 of 149 results for "Magellan Financial"

Jupiter AM awards distribution mandate

KARREN VERGARA  |  TUESDAY, 22 OCT 2024
... the investment team of five and £800 million ($1.6bn) in assets managed by a London-based boutique Origin. Magellan Financial Group's current chair Andrew Formica led Jupiter between 2019 and 2022. He remained with Jupiter until 30 June 2023 to ...

Cairns resurfaces at Associate Global Partners

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
Former Magellan Financial Group chief executive Brett Cairns has popped up on multi-boutique Associate Global Partners' (AGP) board. Cairns, who led Magellan from 2018 and 2021 when he departed for personal reasons, is officially a non-executive ...

Magellan inks strategic partnership as results hint at turnaround

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
Magellan Financial Group will take a stake in Vinva Investment Management, as it reports an increase in profits and stabilised outflows - but it says there's still work to be done. Magellan has announced it is acquiring 29.5% of Vinva Investment ...

Magellan adds $2bn to FUM

MATTHEW WAI  |  WEDNESDAY, 7 AUG 2024
Contrary to recent months, Magellan Financial Group gained close to $2 billion in funds under management (FUM) in July. Magellan reported $38.4 billion as of July 31, up nearly 5% from the previous month's reading of $36.6 billion. Throughout the ...

Magellan bleeds another $1bn

ANDREW MCKEAN  |  TUESDAY, 7 MAY 2024
Magellan Financial Group has seen a drop of $1 billion in funds under management (FUM) in April, according to its latest monthly update on the ASX. Magellan's FUM now stands at $36.3 billion. The fund manager reported that its net flows were flat, consisting ...

GQG and Magellan see FUM growth

ELIZA BAVIN  |  FRIDAY, 5 APR 2024
Both GQG Partners and Magellan Financial Group reported higher funds under management (FUM) today, but one has seen significantly more growth than the other. Magellan reported total FUM of $37.3 billion as at March 28, up from $37.2 billion on February ...

Pay gaps at super funds, fund managers revealed

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2024
... pay gap comes in at 39.7% for base salaries and 34.2% for median total remuneration. The next largest is at Magellan Financial Group with 31.2% for base salaries and 32.9% for median total remuneration. As for other listed examples, AMP's median ...

Maple-Brown Abbott chief executive jumps ship

ANDREW MCKEAN  |  THURSDAY, 15 FEB 2024
... who joined Maple-Brown Abbott in October 2019 from Janus Henderson, has been named as managing director of Magellan Financial Group. In her stead, Melanie McQuire has been appointed as acting chief executive and as a member of the Maple-Brown Abbott ...

Magellan names Rahmani as new chief, reports NPAT lift

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
Magellan Financial Group is hopeful new managing director Sophia Rahmani will help steady the ship, as it sharpens its focus on the US and reports a 24% increase in statutory net profit after tax despite plummeting funds under management (FUM). Currently ...

Magellan cops first strike for remuneration

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
Almost 60% of Magellan Financial Group's shareholders rejected the company's remuneration report at yesterday's annual meeting, registering a first strike. More than 58% of Magellan's shareholders voted against the report on executive pay following ...