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Showing 1 - 10 of 33 results for "David George"

Magellan needs more consistent progress: Morningstar

ANDREW MCKEAN | MONDAY, 19 FEB 2024

... assets under management has diminished to about $35 billion, from its peak of over $100 billion in 2021. The tenure of David George, who took over as chief executive in February 2022, was also described by Morningstar as a "challenging period." One of ...

Magellan names Rahmani as new chief, reports NPAT lift

JAMIE WILLIAMSON | THURSDAY, 15 FEB 2024

... Magellan," Formica said. While Formica confirmed the $100 billion by 2027 FUM target announced by previous chief executive David George in 2022 has been dumped, it'll be a hard slog for Rahmani; Magellan's total FUM came in at $35.8 billion ...

Magellan cops first strike for remuneration

JAMIE WILLIAMSON | THURSDAY, 9 NOV 2023

... includes Andrew Formica who recently took over as executive chair following the swift departure of chief executive David George. The others are Deborah Page, David Dixon, and Catherine Kovacs. Of these, Formica received the most opposing votes at 16.2%. ...

GQG Partners FUM declines

ANDREW MCKEAN | TUESDAY, 7 NOV 2023

... Page. Notably, Formica stepped in as executive chair last month, following the departure of Magellan chief executive David George.

Magellan chief executive quits

CASSANDRA BALDINI | WEDNESDAY, 25 OCT 2023

After 17 months in the top job, David George has relinquished his positions as Magellan Financial Group chief executive and managing director, effective immediately. Magellan's board said it is the right moment to redirect their leadership and thanked ...

Magellan mulls converting closed-end fund

KARREN VERGARA | TUESDAY, 17 OCT 2023

... MGF shrunk the discount gap from 22.6% (9 November 2022) to 12% (17 August 2023). While Magellan managing director David George said in a September update that he is pleased that the discount has narrowed, he added that "there is more that can be done." ...

Magellan FUM, share price tumble

ANDREW MCKEAN | FRIDAY, 6 OCT 2023

... Information research revealed to have outflows of $763 million during the June quarter. However, Magellan chief executive David George said that the fund manager has begun to see early signs of a performance uptick in its global equities strategy. He ...

Platinum AM reports almost $1bn in outflows

ANDREW MCKEAN | FRIDAY, 8 SEP 2023

... non-executive directors, alongside one executive director - Magellan's current chief executive and managing director David George. The initiative entailed a significant bump in the maximum remuneration for non-executive directors, increasing it from ...

Magellan performance halves across the board

KARREN VERGARA | FRIDAY, 18 AUG 2023

... platform for investors and private companies." Despite the poor results, Magellan chief executive and managing director David George said there are signs of performance improvement, pointing to the Global Equities Strategy which outperformed the benchmark ...

Magellan reverts to old leadership model

KARREN VERGARA | FRIDAY, 18 AUG 2023

... executive and chief investment officer. Effective today, the group's chief executive and chief investment officer David George is no longer chief investment officer but retains the top job and the title of managing director. Gerald Stack, who was deputy ...

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Funds SA appoints chief investment officer

ANDREW MCKEAN

Funds SA has appointed a new chief investment officer, who will join from Hostplus, to commence in February 2025.

Australian Retirement Trust appoints new chief risk officer

ANDREW MCKEAN

Australian Retirement Trust (ART) has appointed a new chief risk officer that's set to start in March 2025.

UniSuper has 'some work to get on with' on cyber front: Chair

JAMIE WILLIAMSON

UniSuper's leadership team has touched on how the fund is strengthening its operations following the extensive system outage in May this year.

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA

Lax superannuation laws make it too easy for perpetrators of domestic violence to access victims' retirement savings, while the current framework for self-managed super funds (SMSFs) enables financial abuse to flourish, a parliamentary inquiry found.

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