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

Schroders hires investment director

JAMIE WILLIAMSON  |  MONDAY, 16 MAY 2022
... investment solutions, make her a good fit for the team." Williams' other previous roles include investment writer at Magellan Financial Group, investment communications at QBE Insurance and investment specialist at AXA Investment Managers. Last month ...

Magellan appoints new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
Magellan Financial Group has named its new chief executive and managing director, hiring from the Future Fund. Currently deputy chief investment officer, public markets at Future Fund, David George will take on the top job at embattled Magellan from ...

Magellan offloads GYG stake

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
Magellan Financial Group has sold its 11.6% stake in Guzman y Gomez to a Barrenjoey Capital Partners entity for $140 million so it can focus on funds management. According to an ASX statement, Barrenjoey intends to seed an investment trust comprising ...

Further $1.4bn FUM drop at Magellan

JAMIE WILLIAMSON  |  THURSDAY, 5 MAY 2022
In an update to the ASX this morning, Magellan Financial Group reported its funds under management dropped by a further $1.4 billion in the month to April 29. Magellan's funds under management now sits at $68.6 billion, down from $70 billion at ...

Magellan suffers $1bn in outflows

ELIZABETH MCARTHUR  |  THURSDAY, 7 APR 2022
Magellan experienced $1.1 billion in net outflows from March 11 to March 31. The outflows were made up of $500 million in retail outflows and $600 million in institutional outflows. The fund manager also announced to the ASX that it has received notification ...

Mason Stevens names chief investment officer

JAMIE WILLIAMSON  |  MONDAY, 4 APR 2022
... manager, Australian equities core at Colonial First State Global Asset Management and has served as head of research at both Magellan Financial Group and Wilson HTM Investment Group. In the new role, Fernley will lead the Mason Stevens' asset management ...

Morningstar bets on active fund managers

KARREN VERGARA  |  MONDAY, 21 MAR 2022
As market sell-offs continue to pummel ASX-listed active fund managers, Morningstar is betting big that Pendal, Magellan, Pinnacle and Platinum will deliver past the short-term noise. The fund mangers' "compounding potential" for larger assets under ...

Douglass exits Magellan board

KARREN VERGARA  |  MONDAY, 21 MAR 2022
Magellan Financial Group's Hamish Douglass tendered his resignation as a director from the board effective March 19. The board said his resignation is "due solely to his medical leave of absence", which was announced to the ASX on February 7. The ...

Magellan loses $5bn in fortnight

KARREN VERGARA  |  MONDAY, 14 MAR 2022
Magellan Financial Group reported another massive outflow in which $5 billion left the ASX-listed fund manager in two weeks. This brings total funds under management to $69.1 billion as at March 11. Some $4.7 billion of the most recent outflows came ...

Magellan loses more investors, FUM slumps

KARREN VERGARA  |  MONDAY, 28 FEB 2022
Investors continue to abandon Magellan Financial Group as funds under management currently dip below $80 billion. Some $18.3 billion disappeared from the ASX-listed fund manager between December 2021 and February 23, as total FUM now sits at $77.2 billion. ...
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