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The global investment manager has launched its first alternative fund for Australian retail investors, as more turn towards the asset class to strengthen their investment...
INDUSTRY NEWS
Global wealth declined last year for the first time since the GFC and Australia experienced the fourth-highest losses behind the US, Japan and the UK, according to resear...
INDUSTRY NEWS
Net profit after tax at Magellan has declined by 52 per cent as it releases its FY22-23 results, its first in a five-year transformation strategy, and makes several peopl...
INDUSTRY NEWS
The optimism behind this disruptive technology has driven markets to record highs, but experts warn there are ESG risks and considerations that can be overlooked....
INDUSTRY NEWS
GQG Partners has reported net flows of US$6.2 billion in the first half of 2023 with a focus on the sub-advisory channel and separately managed accounts to boost flows in...
INDUSTRY NEWS
Fund managers are the least bearish since February 2022 with cash weightings shifting into equities and 42 per cent expecting no recession in the next year, according to ...
INDUSTRY NEWS
RBA governor Philip Lowe has shared his biggest regret as governor as he prepares to step down next month after seven years....
INDUSTRY NEWS
Having seen outflows in the first half of the year, global equity ETFs saw strong net inflows of almost $500 million in July, according to Betashares....
INDUSTRY NEWS
Following the surprise departure of George Frazis last year, the Bank of Queensland has discontinued its CEO search and named a permanent successor....
INDUSTRY NEWS
The Chinese economy may be a downside risk but investors should not expect it to impact heavily on global growth, according to Magellan Global fund manager, Arvid Streima...
INDUSTRY NEWS
Now is a difficult time to be a fund manager, according to Maple-Brown Abbott chief executive, Sophia Rahmani, with the firm focusing on distribution to financial adviser...
INDUSTRY NEWS
Abbey Cook has departed the firm after almost four years to join small and mid-cap fund manager, Fairlight Asset Management. ...
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