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Showing 71 - 80 of 332 results for %22Magellan%22

Mason Stevens names chief investment officer

JAMIE WILLIAMSON  |  MONDAY, 4 APR 2022
... manager, Australian equities core at Colonial First State Global Asset Management and has served as head of research at both Magellan Financial Group and Wilson HTM Investment Group. In the new role, Fernley will lead the Mason Stevens' asset management ...

Morningstar bets on active fund managers

KARREN VERGARA  |  MONDAY, 21 MAR 2022
As market sell-offs continue to pummel ASX-listed active fund managers, Morningstar is betting big that Pendal, Magellan, Pinnacle and Platinum will deliver past the short-term noise. The fund mangers' "compounding potential" for larger assets under ...

Douglass exits Magellan board

KARREN VERGARA  |  MONDAY, 21 MAR 2022
Magellan Financial Group's Hamish Douglass tendered his resignation as a director from the board effective March 19. The board said his resignation is "due solely to his medical leave of absence", which was announced to the ASX on February 7. The ...

Magellan loses $5bn in fortnight

KARREN VERGARA  |  MONDAY, 14 MAR 2022
Magellan Financial Group reported another massive outflow in which $5 billion left the ASX-listed fund manager in two weeks. This brings total funds under management to $69.1 billion as at March 11. Some $4.7 billion of the most recent outflows came ...

Magellan loses more investors, FUM slumps

KARREN VERGARA  |  MONDAY, 28 FEB 2022
Investors continue to abandon Magellan Financial Group as funds under management currently dip below $80 billion. Some $18.3 billion disappeared from the ASX-listed fund manager between December 2021 and February 23, as total FUM now sits at $77.2 billion. ...

Magellan promises better investment performance

KARREN VERGARA  |  FRIDAY, 18 FEB 2022
After a turbulent six months, Magellan Financial Group acknowledged it needs to improve its investment performance. Releasing its half-year results this morning, Magellan interim chief executive Kirsten Morton assured investors that the "financial health ...

Crestone awards back-office, trade execution mandate

KARREN VERGARA  |  TUESDAY, 15 FEB 2022
... pleased that they have chosen FinClear and the team and I are excited to work closely with them". FinClear is backed by Magellan Financial Group and venture capital firm King River Capital. Last financial year, Magellan made three major investments in ...

Magellan fund loses $1bn in five months

KARREN VERGARA  |  WEDNESDAY, 9 FEB 2022
A Magellan fund has lost nearly $1 billion in the last five months of 2021, an analysis of the exchange-traded product sector reveals. Rainmaker Information's latest ETP Report found that the Magellan Global Fund Open Class lost $737 million in ...

Magellan funds under review

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
After Magellan co-founder Hamish Douglass announced he would take extended medical leave, the company's share price dove and its fund ratings are under review. Morningstar said all of Magellan's global and high conviction funds are under review due ...

Hamish Douglass takes leave of absence

CHLOE WALKER  |  MONDAY, 7 FEB 2022
Magellan chair Hamish Douglass will take a medical leave of absence to prioritise his health after a period of intense pressure, the company has said in a statement to the ASX. The leave of absence comes as Magellan reports a loss of almost $2 billion ...