MAGELLAN

Funds management

Magellan Financial Group has reported a consecutive monthly AUM increase for only the second time in the FY24–25 financial year. ...

Funds management

Magellan Financial Group experienced $1 billion in net outflows during April but managed to offset this and report a rise in FUM, having also announced its fourth fund fr...

Funds management

Magellan’s infrastructure funds have reported gains for the second consecutive month, avoiding potential outflows associated with the exit of its sector head Gerald Stack...

Funds management

Magellan has confirmed the new leadership of its active infrastructure ETF once head of investment, Gerald Stack, exits in July....

Funds management

Magellan Financial Group reported outflows of $0.5 billion in February but saw a slight increase in its infrastructure division despite the exit of head Gerald Stack....

Funds management

Magellan Financial Group has announced it will be resuming its share buyback program in light of the current market price....

Funds management

According to Magellan, departing head of investment, Gerald Stack, has enacted a “textbook succession plan” which has helped reduce forecasted outflows from his infrastru...

Funds management

Magellan Financial Group has reported its first half FY25 results while appointing a new chief financial officer and promoting Sophia Rahmani to chief executive....

Funds management

Funds under management at Magellan rose slightly in January, but the exit of head of investment Gerald Stack could see this change later in the year....

Funds management

The departure of Gerald Stack from Magellan could lead to redemptions as high as $8 billion, according to Morningstar, given the majority of assets in his infrastructure ...

Funds management

Magellan has announced a raft of executive changes including the departure of head of investments Gerald Stack after 18 years and a second appointment from Maple-Brown Ab...

Funds management

Morningstar research of seven active Australian asset managers has found they are expected to see client redemptions averaging 3.1 per cent of their FUM per annum through...

Funds management

As Magellan Financial Group continues its search for a permanent chief financial officer, it has looked internally for an interim replacement....

Funds management

Magellan has estimated performance fees for the second half of 2024 will be $6 million, compared to “immaterial” fees in the same period a year ago. ...

Funds management

Former Magellan managers Kris Webster and Michael Poulsen have shared their learnings from setting up and running their own boutique fund manager Canopy Investors this ye...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

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Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

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