The latest issue of Financial Standard now available as an e-newspaper
|Showing 1 - 10 of 35 results for "MFG"|
|... global equities, private equity, technology and multi-asset. The funds include Legg Mason Martin Currie Emerging Markets Fund, MFG Core Infrastructure Fund, Pengana WHEB Sustainable Impact Fund, Perennial Better Future Trust, iShares Core MSCI World ...|
|... at the full 30% rate from FY24, as the government abolishes laws that allowed it to pay only 10% tax on offshore earnings. MFG paid tax at 21.4% in the year ending June, lower than the 30% tax rate that applies to companies and lightening its total tax ...|
|... tax to $265.2 million in FY21, as its performance fee revenue slid 63% and recent investments drew a loss of $41.8 million. MFG ended FY21 with $103.7 billion in average funds under management, up 9% from FY20. In its funds management business, performance ...|
|... 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 the same period in 2019. Total average FUM was $100.9 billion (9% higher), resulting ...|
|... it effectively," Cairns said. He added that the amount to enter FuturePay will go up as the reserves become more valuable. MFG has set aside $50 million to be incrementally added to the support trust as new units are issued. It has committed a debt facility ...|
|... available to non-institutional investors thanks to the Chi-X launch. It comes after the 360 Capital Active Value Equity Fund and MFG Core Series and the Magellan Sustainable Fund all listed on Chi-X.|
|... licensee development. "Clime is delighted to have secured Annick as our new group [chief executive]. Since the acquisition of MFG [Madison Financial Group], Annick has displayed a deep understanding of Clime's business and is expertly positioned ...|
|... performance were already disclosed in filings. However, they were slightly better than sell-side analysts' expectations. "MFG 1H21 adjusted profit beat MS by 8% and consensus by 4% on lower costs. Whilst this is positive, we expect a mildly positive ...|
|... prospects for success" with the principal investments, building them into smooth earnings still may take five to ten years. "MFG is a high-ROE and high-multiple fund manager and is expanding into unlisted principal investments and investment banking ...|
|Magellan Financial Group has launched its MFG Core Series and the Magellan Sustainable Fund on Chi-X. The MFG Core series includes three funds: the MFG Core International Fund, the MFG Core ESG Fund and the MFG Core Infrastructure Fund. Magellan said ...|
Australian Ethical introduced a new high conviction fund to wholesale clients, investing in a range of sectors including local healthcare, renewables and technology stocks within the S&P ASX 300.
The super industry is calling for mandated consistency on portfolio holdings disclosure after it was recommended the Future Fund be exempt from disclosing commercially sensitive information.
Capstone Financial Planning has revoked the authorisation of Mark Babbage, the Victorian financial adviser jailed for breaching Western Australia's strict border restrictions to attend the AFL Grand Final.
Ellerston Capital will terminate the Morphic Global Opportunities Fund later this month as a result of dwindling funds under management.
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