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Showing 1 - 10 of 13 results for "Shaun Ler"

Magellan Financial Group 'redemption risks heightened'

ANDREW MCKEAN  |  WEDNESDAY, 5 FEB 2025
... departure of head of investments and infrastructure Gerald Stack, who's leaving the firm in July. Morningstar equity analyst Shaun Ler said Stack's departure raises the risk of redemptions, given it could take time for investors to gain confidence in ...

CC Capital outbids Bain again, increases Insignia offer

JAMIE WILLIAMSON  |  FRIDAY, 17 JAN 2025
... offer as "relatively attractive" and said it vindicated the wealth manager's improved fundamentals. Morningstar analyst Shaun Ler said at the time that the proposal also vindicated the research house's view that Insignia is undervalued and has an improved ...

Insignia takeover heats up, Bain Capital ups bid

KARREN VERGARA  |  MONDAY, 13 JAN 2025
... Insignia's share price prior to Bain Capital instigating the takeover talks on December 12. Morningstar equity analyst Shaun Ler said CC Capital's bid "vindicates our view that Insignia was undervalued, and that its earnings outlook is brighter ...

Asset managers need to improve performance: Morningstar

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2024
... managers Q3 2024 found that while fund outflows have improved, the gains may be cyclical. Morningstar equity analyst Shaun Ler said since 2024, price performance for ASX-listed asset managers has been mixed. "GQG and Pinnacle are comfortably outperforming ...

Regal sets eyes on Platinum takeover

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... Platinum share price was $1 and jumped to $1.14 at the open today following the announcement. Morningstar equity analyst Shaun Ler said the proposed acquisition appears reasonable, with a 14% takeover premium to its fair value and the last close price. ...

Positives remain at Perpetual, says Morningstar

JAMIE WILLIAMSON  |  THURSDAY, 25 JUL 2024
... down 9%, which was even lower than Morningstar had anticipated. In response to the update, Morningstar equity analyst Shaun Ler expects the outcome to put further pressure on Perpetual's management to cut costs, seek out higher-margin clients, and ...

Market pessimism over Insignia 'overblown'

ELIZA BAVIN  |  WEDNESDAY, 29 MAY 2024
Morningstar equity analyst Shaun Ler believes that the market is pessimistic over Insignia Financial and is downplaying its ability to stabilise its earnings. "Investors appear to be deterred by margin compression, sluggish flows, restructuring challenges ...

Morningstar unsure if KKR's Perpetual bid benefits shareholders

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... after KKR confirmed it will buy its wealth management and corporate trust businesses yesterday. Morningstar analyst Shaun Ler said KKR's proposed acquisition of Perpetual's wealth management and corporate trust businesses supports their view that its ...

Magellan chief executive quits

CASSANDRA BALDINI  |  WEDNESDAY, 25 OCT 2023
... devastating drop from the same month a year prior when it stood at $113 billion. According to Morningstar equity analyst Shaun Ler, George's sudden departure creates more investor angst. "However, with Andrew Formica taking over, the departure should ...

Magellan FUM continues backwards slide

CHLOE WALKER  |  WEDNESDAY, 5 APR 2023
... the end of last month, Morningstar downgraded Magellan to a "very high" uncertainty rating. Morningstar equity analyst Shaun Ler warned that investors are showing palpable signs of risk aversion, which has ultimately led to redemptions. For many active ...
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