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Showing 1 - 10 of 100+ results for "Cairns"

Morningstar cuts fair value estimate for Magellan

ELIZABETH MCARTHUR  |  TUESDAY, 21 DEC 2021
... FUM, Magellan's next four largest mandates make up just 2% of its FUM. And Ler isn't worried about chief executive Brett Cairns resigning or Hamish Douglass announcing his divorce - saying these events have no bearing on the company's investing calibre ...

Magellan loses significant mandate

ELIZABETH MCARTHUR  |  MONDAY, 20 DEC 2021
... shareholder asked the board to review the cost of its mandate with Magellan. Earlier this month, Magellan chief executive Brett Cairns departed suddenly. This year also saw Magellan's global equities strategy drop by $4 billion - with outflows of $1.5 ...

Magellan chief executive resigns

ELIZABETH MCARTHUR  |  TUESDAY, 7 DEC 2021
The chief executive of Magellan, Brett Cairns, has resigned for personal reasons. The fund manager's chief financial officer Kristen Morton is stepping in as interim chief executive. Morton has been chief financial officer at Magellan for more than ...

Magellan to move to higher tax rate

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... the level of franking attached to dividends will likely increase," Magellan Financial Group chief executive officer Brett Cairns said in its annual report. At the full 30% tax rate, Magellan would have paid $101.2 million taxes this year. However, it ...

Alphinity launches new fund

ELIZABETH MCARTHUR  |  THURSDAY, 22 JUL 2021
... modern slavery and human rights expert." The committee will be supported by Alphinity ESG and sustainability manager Jessica Cairns. "Only those companies that meet these stringent sustainability conditions are then assessed against Alphinity's investment ...

Magellan launches FuturePay

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... this offer will be appealing to some investors in that retirement income space," he said. Magellan chief executive Brett Cairns went on to explain FuturePay is a replacement for a pay cheque. "The pay cheque stops and the super and savings need to be ...

Magellan retirement product nears launch

KANIKA SOOD  |  WEDNESDAY, 26 MAY 2021
... advisers, particularly those dealing with the problem of establishing a retirement income...," Magellan chief executive Brett Cairns said. It is understood that the Magellan FuturePay will be listed on the stock exchanges. It is likely to use Magellan's ...

O'Dwyer joins Barrenjoey

ANNABELLE DICKSON  |  TUESDAY, 13 APR 2021
... Benari said. O'Dwyer and Spencer join Gonski, Barclays Global Head of Banking Paul Compton, Magellan chief executive Brett Cairns, and Barrenjoey founding partners Guy Fowler, John Cincotta and Benari. The firm noted it will appoint two female independents ...

Cairns women disadvantaged by super gender gap

KARREN VERGARA  |  MONDAY, 12 APR 2021
Industry Super Australia's modelling found that women from Cairns will retire with almost $40,000 less superannuation than men. These stark figures highlight the need to lift the super rate as legislated from 9.5% to 12%, ISA said. "Women on middle ...

Synchron appoints Queensland manager

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 MAR 2021
... at ING. "I very much look forward to working with Synchron's Queensland advice firms," Donohue said. "Domiciled from Cairns to the Gold Coast, Synchron's Queensland advisers are delivering outstanding client outcomes, ranging from child cover ...
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