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Showing 1 - 8 of 8 results for "FuturePay"

Magellan needs more consistent progress: Morningstar

ANDREW MCKEAN  |  MONDAY, 19 FEB 2024
... endeavour was met with success, as illustrated by the discontinuation of the briefly offered retirement solution, Magellan FuturePay, in July 2022. The firm is actively seeking solutions for the persistent NTA discount on the Magellan Global closed class ...

Morningstar cuts fair value estimate for Magellan

ELIZABETH MCARTHUR  |  TUESDAY, 21 DEC 2021
... see greater prospects for Magellan to outperform, and see fresh streams of net-inflows - especially into Core Series, FuturePay or Airlie - as group performance normalises." Morningstar predicts Magellan will see outflows of about $38 billion over the ...

Magellan chief executive resigns

ELIZABETH MCARTHUR  |  TUESDAY, 7 DEC 2021
... development of Magellan's exchange traded products and in the development of Magellan's retirement product, FuturePay. On behalf of the company, I would like to thank Brett for his extensive contribution to Magellan since 2007 and wish him all ...

Top franked stock picks: Morningstar

ELIZABETH MCARTHUR  |  FRIDAY, 6 AUG 2021
... market has overreacted to some poor performance at Magellan. It's positive about the possibilities for the fund manager's FuturePay offering. Morningstar argued Westpac represents a reasonable value exposure to Australian banks, and that it could lift ...

Only one quarter of ETP growth from performance

ELIZABETH MCARTHUR  |  TUESDAY, 3 AUG 2021
... net flows - and three new active ETPs launched during the period. Those were the Monash Absolute Return Fund, Magellan FuturePay and Coolabah Active Composite Bond Fund. Smart beta and investment theme products saw a 30% increase in flows to $1.1 billion ...

Outflows at Magellan

KANIKA SOOD  |  THURSDAY, 8 JUL 2021
... lower than $80 million for the year ending June 2020. In recent months, Magellan has launched its retirement product FuturePay, taken a stake in FinClear and in Barrenjoey. For the December 2020 half year, MFG reported NPAT of $202 million, up 3% from ...

Magellan launches FuturePay

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... much-anticipated retirement income product today with a pay cheque replacement, having first flagged the idea back in 2017. FuturePay is an actively managed fund available on Chi-X from Wednesday and in an unlisted vehicle investing in low volatility ...

Magellan retirement product nears launch

KANIKA SOOD  |  WEDNESDAY, 26 MAY 2021
Magellan's retirement income product FuturePay will launch on June 1, the company said in this morning's ASX filings. Magellan Financial Group has been working on its retirement product since at least 2017. It has now scheduled a June 1 briefing ...
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