MAGELLAN
People & Products
The retirement income solutions provider’s latest appointments include a chief financial officer, head of marketing, and head of human resources....
Funds management
A 5.8% increase in Australian equities managed by the firm has helped drive a $900 million increase in the group’s total FUM. ...
Funds management
The underperformance of the Magellan Infrastructure fund was significantly driven by the portfolio’s lack of investment in oil-related firms, according to its manager....
Funds management
The $7.5 billion Magellan Global fund is exploring increasing its weighting to China as it believes its re-opening will lead the country to be the story of 2023....
Funds management
Performance fees at Magellan were “not meaningful” in the six months to 31 December, compared to $11 million a year ago while total funds have dropped below $50 billion....
Funds management
Global equities funds are among the most-popular funds searched for on the Money Management Investment Centre website this year....
Funds management
Magellan has made changes to its board following shareholder approval to increase board remuneration by $1 million....
Funds management
Magellan has seen funds under management fall to $50.2 billion with net outflows of $2.5 billion but two asset classes experienced a rise in flows. ...
Funds management
Magellan is seeking shareholder approval to increase the maximum non-executive remuneration by $1 million dollars as it seeks two new board appointments....
Funds management
Magellan has seen a modest uptick in funds under management after months of decline following the firm’s commitment to grow to $100 billion....
Funds management
Improved performance and acquisitions are among Magellan’s priorities as it targets achieving more than $100 billion in the next five years and seeks to be the partner of...
People & Products
Former First Sentier Investors chief investment officer, David Dixon, has joined the board of Magllan’s asset management subsidiary....
Funds management
Morningstar has downgraded Magellan’s infrastructure funds as it is concerned about the heightened risk of a departure by its management team....
People & Products
Magellan has confirmed two investment leadership changes to its team and changed the portfolio managers of its High Conviction Trust....
Funds management
GQG has become the latest fund manager to report a downturn in funds under management as the result of institutional client withdrawals....
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