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Showing 1 - 10 of 38 results for "Andrew Formica"

Magellan chief operating and financial officer departs

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... financial controller for The GPT Group and corporate reporting manager at Fairfax Media. Magellan executive chair Andrew Formica said Morton has been instrumental to the company and its senior management team since joining the group 11 years ago and ...

Magellan launches first Vinva funds

MATTHEW WAI  |  TUESDAY, 22 OCT 2024
... October 17. Meanwhile, addressing shareholders at Magellan's annual general meeting this morning, executive chair Andrew Formica said the organisation has made "significant progress" in restoring stability to the business for its clients, employees ...

Jupiter AM awards distribution mandate

KARREN VERGARA  |  TUESDAY, 22 OCT 2024
... million ($1.6bn) in assets managed by a London-based boutique Origin. Magellan Financial Group's current chair Andrew Formica led Jupiter between 2019 and 2022. He remained with Jupiter until 30 June 2023 to assist with some of the group's strategic ...

Magellan inks strategic partnership as results hint at turnaround

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
... equities investment lead Morry Waked. It has paid $138 million in cash for the stake, and Magellan executive chair Andrew Formica will now join the Vinva board. Magellan said it expects the acquisition will immediately contribute to profits, as well ...

Rahmani takes up post at Magellan

KARREN VERGARA  |  MONDAY, 13 MAY 2024
... risk, and compliance functions. Rahmani also takes a seat at the board as of today, which comprises Robert Fraser, Andrew Formica, David Dixon, Deborah Page, John Eales, Hamish McLennan, and Cathy Kovacs. "Sophia will be instrumental in restoring growth ...

Magellan needs more consistent progress: Morningstar

ANDREW MCKEAN  |  MONDAY, 19 FEB 2024
... non-executive directors, among whom three possess "relevant" financial services expertise, alongside executive chair Andrew Formica. Morningstar also commended Magellan for being an innovator of new products, highlighting its launch of Australia's ...

Magellan names Rahmani as new chief, reports NPAT lift

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... manager she has long "admired for its focus on clients and strong historical investment performance." Executive chair Andrew Formica will remain in this role to ensure continuity and stability, Magellan said. He will focus on strategy, while Rahmani ...

Magellan cops first strike for remuneration

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... remuneration committee. While Eales narrowly secured his seat, four other directors were also approved. This includes Andrew Formica who recently took over as executive chair following the swift departure of chief executive David George. The others are ...

Magellan downplays collapse, open to takeover

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... fund manager is an attractive takeover target as he faced tough questions at today's annual general meeting. Andrew Formica tried to appease shareholders' fears about Magellan's stability and going concern amid key staff exits and large redemptions ...

GQG Partners FUM declines

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... since retired. The board renewal also included notable appointments such as former Janus Henderson chief executive Andrew Formica as non-executive chair, replacing Hamish McLennan, and former Pendal Group chair Deborah Page. Notably, Formica stepped ...
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