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Showing 61 - 70 of 239 results for "Douglas"

Magellan axes currency hedging in trust

ANNABELLE DICKSON  |  THURSDAY, 26 NOV 2020
A Magellan trust has removed its currency hedging strategy to reduce the downside risk to the portfolio when equity markets and the value of the Australian dollar are both declining. Magellan High Conviction Trust will move to an unhedged approach to ...

VGI Partners co-founder steps down from board

ANNABELLE DICKSON  |  FRIDAY, 25 SEP 2020
Former VGI Partners co-founder and head of research has resigned from the board on a technicality. Douglas Tynan resigned from his executive position at VGI Partners in June and signaled his intention to stay on the board and remain an investor in the ...

ASIC takes disqualification decision to Federal Court

ALLY SELBY  |  FRIDAY, 11 SEP 2020
... disqualification in August 2018. At the time, ASIC alleged that Gilliland, alongside another Queensland-based auditor Douglas Coughlan, had violated auditor independence requirements in auditing their own funds, the funds of an immediate family member ...

Hearts and Minds donates almost $10m to charity

ALLY SELBY  |  TUESDAY, 1 SEP 2020
Listed investment company Hearts and Minds Investments (ASX: HM1) will donate $5.1 million to 10 charities this week, in addition to the $4.1 million it already donated in March. HM1 and its participating fund managers forego any investment or management ...

VGI Partners profits tumble

KANIKA SOOD  |  TUESDAY, 25 AUG 2020
... average FUM swelled and the fee waiver for VG1 investors ended. It had $41 million in cash at June end and no debt. In June, Douglas Tynan stepped down from his executive roles but stayed on the board and as an investor in the boutique's funds. Tynan's ...

Magellan to restructure retail global equities funds

KANIKA SOOD  |  MONDAY, 3 AUG 2020
Magellan is seeking unitholder approval to create a mega fund of $15 billion that would combine the investment pools of the unlisted, ETF and LIT versions of the Magellan Global Fund. Magellan will create a single trust and issue two unit classes - ...

No rating cut for VGI funds as Tynan leaves

KANIKA SOOD  |  MONDAY, 29 JUN 2020
Sydney boutique VGI Partners' funds have held on to their ratings from Zenith after partner and head of research Douglas Tynan resigned last week. Tynan resigned from his executive role but will stay on as a non-executive director, investor and ...

Sydney boutique research head steps down

KANIKA SOOD  |  MONDAY, 22 JUN 2020
Sydney hedge fund VGI Partners' Douglas Tynan is stepping down from his executive roles but will stay on the board and remain an investor in the boutique's funds. Tynan's resignation is for personal reasons, according to VGI. Following his ...

SEC charges COVID-19 microcap scammers

ALLY SELBY  |  FRIDAY, 12 JUN 2020
... the market for unsuspecting investors to purchase. The complaint also charged several others, including Shane Schmidt, Douglas Roe and Kelly Warawa, with fraudulently dumping shares of one of the microcaps. SEC Boston director Paul Levenson encouraged ...

Magellan launches listed active ETF fund

ALLY SELBY  |  THURSDAY, 4 JUN 2020
Hamish Douglass' Magellan Financial Group has launched a listed active ETF fund in partnership with Airlie Funds Management, with promises of reducing friction and costs for investors. The Airlie Australian Share Fund will commence trading on the ASX ...