MAGELLAN

Funds management

Magellan Financial Group’s chief financial officer and chief operating officer Kirsten Morton is set to depart from the asset manager after more than a decade....

Funds management

Magellan Financial Group has terminated three funds in its Core Series, including a sustainable fund and ESG fund, having determined they are “unlikely to achieve the nec...

Funds management

Funds under management at Magellan Financial Group were unchanged in October as the firm launched its first two funds with Vinva Investment Management....

Financial planning

The wealth management sector is bucking the global trend of declining M&A and two industry-specific factors could mean it sees a further uptick in 2025, according to Delo...

Funds management

Magellan has launched the first two funds with its strategic partner Vinva Investment Management as executive chair Andrew Formica says the firm is turning back towards g...

Funds management

Funds under management at Magellan Financial Group grew during September to reach $38 billion, recovering from large outflows in the previous month....

Funds management

Magellan has appointed a deputy portfolio manager to work on its $705 million Airlie Australian Share Fund. ...

Funds management

Magellan Financial Group has appointed a new co-manager on two of its global equity funds, including the flagship $8.3 billion Global Fund....

Funds management

Money Management rounds up the financial results for Australia’s listed fund managers. ...

Funds management

The conversion of the Magellan Global Fund units has contributed to $0.7 billion in outflows for the fund manager in August....

Funds management

Magellan executive chair Andrew Formica has shared further details on the strategic acquisition of a minority stake in Vinva and the growth opportunity it presents....

Funds management

Magellan has seen its statutory net profit after tax rise by almost a third in FY24, as it announces a minority stake acquisition in a $22 billion investment manager. ...

Funds management

Magellan Financial Group has reported its highest funds under management in almost a year, but specialist investors made redemptions following changes to its global fund....

Funds management

Boutique global small and mid-cap equities manager Canopy Investors has appointed a new portfolio manager, marking the third former Magellan professional to join the fir...

Funds management

Listed fund managers have shared their final funds under management tallies for FY24 and how much they have grown during the year....

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

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

3 months ago

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

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks 2 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

3 weeks ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 5 days ago