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Showing 51 - 60 of 167 results for %22Magellan Asset Management%22

ETP demand soars, unlisted unit trusts retract

KARREN VERGARA  |  TUESDAY, 13 APR 2021
... "The money isn't leaving managed funds however, it is moving to ETPs." One notable move helped boost ETP assets. Magellan converted three global equities products: one fund now has two different unit classes, one of which is now the largest ETP in ...

Fidante opens Singapore office, hires from AMP Capital

KANIKA SOOD  |  THURSDAY, 8 APR 2021
... increasingly looked to add overseas clients, for reasons including in-housing of investments at superannuation funds. Magellan was getting most of its institutional flows from overseas investors as at February 2020; Pinnacle Investment Management last ...

Charity LIC chief executive to depart

KANIKA SOOD  |  WEDNESDAY, 27 JAN 2021
... $69.6 million in annualised fees since inception, returned 1.9% better than its benchmark over the period. Caledonia, Magellan and Cooper Investors together manage about a third of the LIC's assets.

Volatility ahead for Magellan shareholders: Morgan Stanley

KANIKA SOOD  |  THURSDAY, 21 JAN 2021
Magellan Financial Group's shares could be more volatile in the years ahead versus its 31% earnings in CAGR over the past three years as it diversifies its business, according to Morgan Stanley. Magellan Financial Group in September 2020 took a 40% ...

LICs show sign of struggle

ANNABELLE DICKSON  |  WEDNESDAY, 16 DEC 2020
... broader investment managers that offer different products. The largest managers operating in the space are AICS, Argo and Magellan with $8.36 billion, $5.28 billion and $4.4 billion, respectively.

Financial services' biggest tax bills revealed

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
... Macquarie Group followed behind at $493 million. Next up were the ASX at $282 million and the Future Fund at $231 million. Magellan Financial Group led the fund managers with a tax bill of $104 million followed by Platinum Asset Management at $66 million. ...

Best managed funds, ETFs named

STAFF WRITER  |  FRIDAY, 4 DEC 2020
... (1.69% for the year and 9.14% p.a. for five years) was the best performer. Fixed income and rest Moving to fixed income, Niko Asset Management's Australian Bond Fund (4.27% for the year and 4.85% p.a. over five years) was the best Australian fixed-interest ...

AMP Capital bids farewell to active ETFs

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
AMP Capital is delisting all of its ETFs after about four years on the ASX, following UBS Asset Management's move in March. The last trading day will be December 4, with final distributions from the wind up set for December 31. "...the decision ...

Aussie asset managers fourth-fastest in global growth

KANIKA SOOD  |  TUESDAY, 20 OCT 2020
... billion) and Pendal Group ($70 billion) made it to the 100-200 largest asset managers around the world. Magellan Asset Management ($68 billion) came in 205, followed by QIC ($58 billion) at 235 and Challenger ($57 billion) at 237. Pinnacle's combined ...

Netwealth sees rise in inflows

ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
... September 2020. In August Netwealth announced the launch of two news funds on its platform, both managed by Magellan Asset Management. The platform provider said those funds mark the first in a series of new Netwealth specialist funds which will be rolled ...