Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 114 results for "Magellan Financial Group"

Magellan bleeds another $1bn

ANDREW MCKEAN  |  TUESDAY, 7 MAY 2024
Magellan Financial Group has seen a drop of $1 billion in funds under management (FUM) in April, according to its latest monthly update on the ASX. Magellan's FUM now stands at $36.3 billion. The fund manager reported that its net flows were flat, consisting ...

GQG and Magellan see FUM growth

ELIZA BAVIN  |  FRIDAY, 5 APR 2024
Both GQG Partners and Magellan Financial Group reported higher funds under management (FUM) today, but one has seen significantly more growth than the other. Magellan reported total FUM of $37.3 billion as at March 28, up from $37.2 billion on February ...

Pay gaps at super funds, fund managers revealed

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2024
... gap comes in at 39.7% for base salaries and 34.2% for median total remuneration. The next largest is at Magellan Financial Group with 31.2% for base salaries and 32.9% for median total remuneration. As for other listed examples, AMP's median base ...

Maple-Brown Abbott chief executive jumps ship

ANDREW MCKEAN  |  THURSDAY, 15 FEB 2024
... joined Maple-Brown Abbott in October 2019 from Janus Henderson, has been named as managing director of Magellan Financial Group. In her stead, Melanie McQuire has been appointed as acting chief executive and as a member of the Maple-Brown Abbott board. ...

Magellan names Rahmani as new chief, reports NPAT lift

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
Magellan Financial Group is hopeful new managing director Sophia Rahmani will help steady the ship, as it sharpens its focus on the US and reports a 24% increase in statutory net profit after tax despite plummeting funds under management (FUM). Currently ...

Magellan cops first strike for remuneration

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
Almost 60% of Magellan Financial Group's shareholders rejected the company's remuneration report at yesterday's annual meeting, registering a first strike. More than 58% of Magellan's shareholders voted against the report on executive pay following ...

Magellan downplays collapse, open to takeover

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
The newly appointed executive chair of Magellan Financial Group played down the risk of the company collapsing and admitted that the fund manager is an attractive takeover target as he faced tough questions at today's annual general meeting. Andrew ...

GQG Partners FUM declines

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... However, they're yet to win over River Capital, the largest shareholder of PAC. Separately, besieged Magellan Financial Group has slowed, but not stopped, the bleeding of its FUM. The fund manager, in an ASX announcement on Monday, reported a month-on-month ...

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 FUM, share price tumble

ANDREW MCKEAN  |  FRIDAY, 6 OCT 2023
Magellan Financial Group's funds under management (FUM) has continued to nosedive, following the fund manager registering $2 billion in net outflows. At September end, the ASX-listed company's FUM stood at $35 billion, consisting of $16.2 billion from ...
PREVIOUS
NEXT