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Showing 61 - 70 of 114 results for "Magellan Financial"

Magellan to restructure retail global equities funds

KANIKA SOOD  |  MONDAY, 3 AUG 2020
... unit, which can also be transacted off-market, and a listed closed class unit is a ground-breaking innovation," Magellan Financial Group chair Hamish Douglass said. "We expect it will lead to simplification and efficiencies for unitholders and importantly ...

Fund manager outflows spread into June quarter

KANIKA SOOD  |  THURSDAY, 23 JUL 2020
... billion in June quarter, followed by $723 million at Platinum Asset Management and $400 million at Perpetual. Magellan Financial Group saw $779 million of inflows in June quarter. While markets wiped off 7-16% of total funds under management at ASX-listed ...

Hearts and Minds but no ratings

ALLY SELBY  |  TUESDAY, 21 JUL 2020
... ideas from prominent fund managers on a pro bono basis, including Caledonia Investments, Cooper Investors, Magellan Financial Group, Paradice Investment Management, Regal Funds Management and TDM Growth Partners. It seems to be working; since its listing ...

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 ...

Magellan to use BasisCode for trading compliance

KANIKA SOOD  |  TUESDAY, 2 JUN 2020
Magellan Financial Group will use Atlanta-based BasisCode Compliance LLC as the provider of its personal trading system. Magellan will implement BasisCode's Essential, Personal Trading Manager and Insider Trading Manager products. The ASX-listed fund ...

Top picks for dividends during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... stocks for dividend income are: Aurizon, Ausnet, Metcash, Coles, APA and Woolworths. Some others, including Magellan Financial Group, Rural Funds Management, Inghams and Kogan, will provide reliable income streams. However, UBS thinks consensus DPS is ...

Magellan hires Macquarie insto head

KANIKA SOOD  |  MONDAY, 11 NOV 2019
... launched a listed investment trust for its high conviction strategy and is working on a retirement income product. Magellan Financial Group reported NPAT of $377 million for FY19, up from $212 million last year.

Plato to raise $200 million

KRISTI CHENG  |  THURSDAY, 15 AUG 2019
... closing date for both the Entitlement Offer and the Broker Firm Shortfall Offer is 30 August 2019. This week, Magellan Financial Group also announced it plans to raise $275 million in capital to fund growth opportunities, including the development of ...

Future Fund voted down Pinnacle equity grants

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
... Over 87% of the votes supported the equity grant resolutions. Last financial year, Future Fund voted against Magellan Financial Group's resolutions to grant equity and a loan to former Wallabies star John Eales who is a non-executive director at ...

Magellan posts bumper profits, raising $275m

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
Magellan Financial Group reported a 78% jump in its profit for the financial year ending June and announced a $275 million institutional raise for MFG shares this morning. Magellan's stable of well-performing equities funds are now managing an average ...