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|Showing 1 - 10 of 70 results for "Magellan Financial Group"|
|Magellan Financial Group will start paying taxes 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 ...|
|Magellan Financial Group reported a 33% drop in its net profit after 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 ...|
|Magellan Financial Group reported $351 million in net outflows in the June quarter. This included $260 million in net retail outflows and $91 million in net institutional outflows. Magellan ended the June quarter with $113.9 billion in total FUM, up ...|
|... FinClear's capital position following the acquisition is strong, supported by the $20 million raised from the Magellan Financial Group when it joined the share register as a strategic investor last October. "We have the capital, the systems, technology ...|
|... 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 for the retirement ...|
|Magellan Financial Group's shares could be more volatile in the years ahead versus its 31% earnings in CAGR over the past three years as it diversifies its business, according to Morgan Stanley. Magellan Financial Group in September 2020 took a 40% ...|
|Magellan Financial Group has progressed to the next step of the restructure of its retail global equities funds and opened the partnership offer to eligible investors. Magellan announced in August that it was seeking unitholder approval to combine the ...|
|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 ...|
|... followed behind at $493 million. Next up were the ASX at $282 million and the Future Fund at $231 million. Magellan Financial Group led the fund managers with a tax bill of $104 million followed by Platinum Asset Management at $66 million. In diversified ...|
|Magellan Financial Group has welcomed a non-executive director with extensive experience in the retail industry to its board. Colette Garnsey has over 40 years' experience in retail, marketing and distribution and is currently the chair of Australian ...|
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MFS Investment Management is searching for a new head of retail sales for its local business, as the incumbent heads to London for a new role.
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A former Regal Funds Management portfolio manager has been banned for five years after he manipulated the share price of Clearview Wealth.
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With more research identifying the pressure put on employees by the pandemic and lockdowns, wealth technology firm Class is offering employees extra days off.
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Prudential regulator APRA plans to go ahead with mandating independent certifications within group insurance as recommended by the financial services Royal Commission.
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