MAGELLAN
Funds management
Funds under management at Magellan have fallen to $68.6 billion in April although there was a slight uptick in its infrastructure division....
Editorial
Asset managers are coming to terms with key-man risk as advisers and investors question the succession plans for their teams....
Funds management
Hamish Douglass has resigned from the board of Magellan in light of his continued absence from the firm....
Funds management
Monash Investors has initiated a short position on Magellan as it is concerned the firm will get significantly smaller in light of its underperformance. ...
Funds management
Magellan has hit out at “sheep-like behaviour” causing fund outflows and taken action to maintain liquidity as Hamish Douglass’ return date remains unconfirmed....
Funds management
Shares in Magellan have risen 16% today after the firm announced a 24% increase in net profit after tax in its half-yearly results....
Funds management
Magellan Financial Group has lost $6.4 billion in less than two weeks as chair and chief investment officer Hamish Douglass takes ‘leave of absence’....
Funds management
As Hamish Douglass takes leave from his chairman and chief investment officer roles at Magellan, Money Management explores an eventful period for the firm. ...
People & Products
Chairman and fund manager Hamish Douglass is to take a leave of absence from Magellan Financial Group after a period of “intense pressure”....
Funds management
The $14.2 billion Magellan Global fund is among more than 40 funds exposed to Meta, which saw its worst one-day loss since listing in 2012 at the end of last week when it...
Funds management
Magellan Financial Group has seen outflows of $1.5 billion in the December quarter, in addition to a $23 billion reduction from the termination of a mandate with St James...
Funds management
The Magellan Global fund’s conservative approach is like being the “designated driver at a wild party” but chairman Hamish Douglass is optimistic this year will be a bett...
Funds management
The search for a new chief executive at Magellan will begin this month with chair Hamish Douglass denying he will be stepping back into his former role....
Funds management
Hamish Douglass has confirmed that he and his wife had no plans to sell shares in the company in light of their marriage breakdown....
People & Products
Magellan Asset Management’s chief executive, Dr Brett Cairns, has stepped down from his role for personal reasons and Kirsten Morton has been appointed as interim CEO....
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Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...