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Showing 1 - 10 of 10 results for magellan founder chris mackay

Magellan makes investment leadership changes

JAMIE WILLIAMSON  |  MONDAY, 17 OCT 2022
Magellan Financial Group chief executive David George has officially taken on the additional role of chief investment officer, and a deputy chief investment officer has been appointed. In addition to chief executive and managing director of the group ...

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 funds under review

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
After Magellan co-founder Hamish Douglass announced he would take extended medical leave, the company's share price dove and its fund ratings are under review. Morningstar said all of Magellan's global and high conviction funds are under review due ...

Hamish Douglass takes leave of absence

CHLOE WALKER  |  MONDAY, 7 FEB 2022
Magellan chair Hamish Douglass will take a medical leave of absence to prioritise his health after a period of intense pressure, the company has said in a statement to the ASX. The leave of absence comes as Magellan reports a loss of almost $2 billion ...

Magellan chief executive resigns

ELIZABETH MCARTHUR  |  TUESDAY, 7 DEC 2021
The chief executive of Magellan, Brett Cairns, has resigned for personal reasons. The fund manager's chief financial officer Kristen Morton is stepping in as interim chief executive. Morton has been chief financial officer at Magellan for more than ...

Magellan insists huge growth won't hamper returns

MARK SMITH  |  MONDAY, 21 OCT 2013
Magellan Financial Group insists its investment process remains scalable in spite of an $11 billion rise in assets under management and a three and half fold increase in underlying profit in the last 12 months. At the company's recent annual general ...

Hyperion joins Packer in taking Magellan profits

MARK SMITH  |  THURSDAY, 22 AUG 2013
... joined billionaire entrepreneur James Packer in selling down holdings in global equity and infrastructure fund house Magellan Financial Group. According to an update to investors on Hyperion's website, Magellan was removed from the fund manager's small ...

Magellan Global tops overseas shares manager list

MICHELLE BALTAZAR  |  TUESDAY, 20 JAN 2009
In a market that fell by as much as 50 per cent last year, Magellan Global bucked the trend by posting a 1.3 per cent loss, pushing it to the top of the league tables of overseas shares managers for 2008. As a fund manager that has only been around ...

Hatfield leaves Pengana

... 15,000 shares in Pengana Managers weeks after a Packer-led consortium took over the hedge funds business, to be re-branded Magellan Financial Group. "I think what Chris Mackay and Hamish Douglas are doing has upside potential, but I was only a small ...
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