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Showing 41 - 50 of 230 results for %22Magellan Financial%22

Registrations open for FPA initiatives

CHLOE WALKER  |  MONDAY, 22 AUG 2022
... comfortable night at the fully equipped Six Foot Track Eco-lodge," Berry said. With partners including Iress, KeyInvest, Magellan Group and Pickles, the Six-Foot Track Challenge will take place over two days, November 20-21. The association has also ...

Magellan reports NPAT, FUM slide

CASSANDRA BALDINI  |  WEDNESDAY, 17 AUG 2022
Magellan has reported a drop in its adjusted net profit after tax and declared a significantly lower dividend. Magellan has reported a 3% drop in its adjusted NPAT to $399.7 million. Last year it was $412.4 million. Its average funds under management ...

Rainmaker unveils managed fund flow winners

ANDREW MCKEAN  |  WEDNESDAY, 17 AUG 2022
... two international equities funds having combined net flows of $706 million or 75%. At the other end of the spectrum, Magellan had the highest net outflows over the 12 months, losing $4 billion or 18% of its managed funds assets.

Those most in need of advice see least value in it: Research

JAMIE WILLIAMSON  |  TUESDAY, 12 JUL 2022
... pension support, and may contribute to financial inequality in society," Krishnamurti said. The research was funded by Magellan Asset Management, Centrepoint Alliance, the Financial Planning Association of Australia and the Financial Planning Education ...

Magellan FUM drops again

JAMIE WILLIAMSON  |  FRIDAY, 8 JUL 2022
The fund manager's latest update shows its funds under management have dipped to $61.3 billion. Magellan said the changes reflected market movements and outflows. Over the June quarter Magellan saw outflows of $5.2 billion - $1.7 billion from the ...

Ausbil adds to sales capabilities

CHLOE WALKER  |  FRIDAY, 17 JUN 2022
... Australia Bank as a relationship manager before joining the Swiss asset manager. McGarry joined Ausbil from Magellan Financial Group and has over 21 years of experience in financial services. Prior to Magellan, she was a practice manager and co-owner ...

The rise of the hybrid ETP

CASSANDRA BALDINI  |  TUESDAY, 7 JUN 2022
... administration platform, which is a cost in itself," he said. Hybrid products now represent around 15% of the total market. Magellan was the first major manager to implement this rearrangement of its ETPs in November 2020 which added around $13 billion ...

Magellan shares punished after FUM drop

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
In an update to the ASX this morning, Magellan Financial Group reported that its funds under management dropped $3.6 billion in the month to May 31. Magellan's funds under management now sits at $65 billion, down from $68.6 billion at the end of April. ...

Magellan, Platinum dropped in S&P/ASX rebalance

JAMIE WILLIAMSON  |  MONDAY, 6 JUN 2022
The latest changes to the S&P/ASX Indices see the removal of Magellan Financial Group and Platinum Asset Management from their respective indexes. Effective June 20, Magellan Financial Group will drop out of the ASX 100, with no stock listed as being ...

Schroders hires investment director

JAMIE WILLIAMSON  |  MONDAY, 16 MAY 2022
... investment solutions, make her a good fit for the team." Williams' other previous roles include investment writer at Magellan Financial Group, investment communications at QBE Insurance and investment specialist at AXA Investment Managers. Last month ...