The Australian exchange trade fund industry saw its single-largest trade in August as an institutional investor withdrew $1 billion from an iShares fund....
Fund management house Magellan Financial Group has reported further significant outflows, after another $1.3bn was redeemed from its strategies in August....
Magellan has seen monthly outflows of $2.5 billion but Australian equities saw a jump as investors sought domestic exposure in a volatile environment....
Magellan fund managers have outlined which global stocks have helped and hindered its $9.4 billion Magellan Global fund over the last 12 months....
Market volatility means exchange traded funds will be lucky to retain the same volume of funds under management as 2021 as BetaShares revises down its forecast following ...
Netwealth’s joint managing directors and founders, Michael and Matt Heine, are among the top 10 highest-paid ASX 200 chief executives on a realised-pay basis, earning a c...
Magellan has terminated its retirement income-focused FuturePay strategy, effective from 20 July, just over a year after launching it....
Magellan has seen quarterly net outflows of $5.2 billion in the three months to 30 June, causing total funds under management to fall to $61.3 billion. ...
Magellan’s general manager for distribution, Frank Casarotti, is set to leave the firm after 15 years....
Magellan has amended the mandate of its $564 million High Conviction Trust from a maximum of 12 companies to 20, while adding a second portfolio manager....
Magellan has exited its stake in restaurant chain Guzman y Gomez, selling its 11.6% stake for $140 million....
Magellan has confirmed Hamish Douglass will return to the firm in a consultancy role from October 2022....
Funds under management at Magellan have fallen from $68.6 billion to $65 billion in May, a monthly loss of more than double April’s figure....
Barclays has increased its shareholding in Barrenjoey Capital Partners from 9.9% to 18.2% by way of subscribing for $75 million of new capital following earlier investmen...
Magellan Financial Group has appointed David George from Future Fund as chief executive and managing director....
What happened to the 700,000 million of MLC if $1.2 Billion was migrated to Expand but Expand had only 512 Million in in...
The judge was quite undrstanding! THEN AASSIICC comes along and closes him down!All you 15600 people who work in the bu...
How could that underestimate happen?usually the quote transfer straight into the SOA, and what on earth has the commissi...