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MAGELLAN
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....
Funds management
Institutional rebalancing and the switch of one vehicle to an active exchange traded fund has led to redemptions for Magellan....
Funds management
While several firms are exiting or reduce their exposure to Chinese stocks over regulatory risks, Platinum is viewing it as a buying opportunity....
Funds management
It is rare to see “all parts of the market firing on all cylinders”, according to Airlie, but the high multiples make it challenging to find quality companies....
Funds management
The conversion of the Magellan High Conviction trust into an active exchange traded fund helped the industry grow to $125 billion....
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MARKET INSIGHTS
Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...