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Showing 51 - 60 of 332 results for "Magellan"

Blue Orbit signs distribution deal

JAMIE WILLIAMSON  |  THURSDAY, 15 SEP 2022
... UBS Global Asset Management and BT Investment Management, as well as Craven's experience with Macquarie Bank and Magellan Asset Management. The two previously worked together at Contango Asset Management where Dunne was head of distribution and Craven ...

Magellan FUM outflows continue

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
... $18.5 billion. However, Australian equities inched higher going from $8.3 billion to $8.4 billion. Following the news, Magellan shares fell 0.6%, down 68.08% over a year duration, at the time of writing. As previously reported by Financial Standard ...

FICAP raises over $120k for charity

CASSANDRA BALDINI  |  FRIDAY, 26 AUG 2022
... (Australia) Services Pty Limited, Franklin Templeton Investments, GSFM, Hub24, Ironbark, Janus Henderson, KPMG, Macquarie, Magellan, Montgomery Investments, Morningstar, NMG Consulting, Pendal, Profusion Group, Schroders, Spire Capital, and SQM Research. ...

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.

Magellan FUM decline continues but eases

CHLOE WALKER  |  THURSDAY, 4 AUG 2022
... blow to its funds under management, however the damage isn't nearly as bad as previous months saw. At the end of July, Magellan recorded total FUM of $60.2 billion, down from $61.3 billion the month prior. Magellan said it experienced net outflows of ...

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 ...

Frank Casarotti gives his notice

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
The long serving Magellan sales lead will retire at the end of 2023, capping more than 40 years in the industry. Frank Casarotti joined Magellan in 2007 as its general manager of distribution and has been in the role ever since. He was hired by Hamish ...