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Showing 51 - 60 of 150 results for "Magellan Financial Group"

First Sentier clients walk away with $13bn

KARREN VERGARA  |  MONDAY, 5 JUN 2023
... reveals, making it the only fund manager to suffer double-digit outflows during the period. Together with Magellan Financial Group, which lost $6 billion, and Pendal Group which lost $5 billion, the trio accounted for $24 billion in negative net flows. ...

More misfortune for Magellan

CHLOE WALKER  |  THURSDAY, 4 MAY 2023
Once again, Magellan Financial Group has experienced a drop in its total funds under management (FUM), falling a further $0.5 billion. It saw net outflows of $2.4 billion, comprising net retail outflows of $0.4 billion and net institutional outflows ...

Magellan FUM continues backwards slide

CHLOE WALKER  |  WEDNESDAY, 5 APR 2023
Magellan Financial Group has taken yet another hit to its funds under management, falling $2.2 billion to $43.2 billion during the month of March. Magellan saw net outflows of $3.9 billion, which included net retail outflows of $0.5 billion and net ...

Magellan FUM back at $50bn

CASSANDRA BALDINI  |  TUESDAY, 6 DEC 2022
Magellan Financial Group saw another drop in funds under management in November. This, after October saw its first increase in months. Magellan has reported that as of November 30 its FUM sat at $50.2 billion down from $51.0 last month. The drop was ...

Hamish Douglass sells $118m in Magellan shares

CASSANDRA BALDINI  |  TUESDAY, 8 NOV 2022
Hamish Douglass has dumped $118.3 million of his Magellan Financial Group shares in a partial sale. Approximately 13 million in shares were sold last night through an after-market block trade at $9.10 per share. Magellan was informed that an entity ...

October proves kinder to Magellan

CHLOE WALKER  |  FRIDAY, 4 NOV 2022
After months of decreasing funds under management, Magellan Financial Group has reported the slightest of increases to its FUM despite further outflows. As at October end, Magellan's FUM sat at $51 billion; a month earlier it was $50.9 billion. Its ...

Magellan targets $100bn in five years

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2022
... Correction: A previous version of this article mistakenly stated that David Dixon was appointed deputy chair of Magellan Financial Group. Financial Standard apologises for any confusion caused.

Magellan makes investment leadership changes

JAMIE WILLIAMSON  |  MONDAY, 17 OCT 2022
Magellan Financial Group chief executive David George has officially taken on the additional role of chief investment officer, and a deputy chief investment officer has been appointed. In addition to chief executive and managing director of the group ...

Magellan FUM drops further

JAMIE WILLIAMSON  |  THURSDAY, 6 OCT 2022
Magellan Financial Group has seen a further $7 billion shaved off its funds under management in September. The group saw net outflows of $3.6 billion, $3.2 billion of which was institutional FUM while $0.4 billion was net retail outflows. The balance ...

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 ...