MAGELLAN

Funds management

Magellan has seen its net profit after tax fall 33% in the last financial year but funds under management have risen 9% to pass $100 billion....

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Funds management

Backing founder-led businesses has been key to performance for the Airlie Australian Share fund as it navigated the pandemic but it is optimistic for dividends next year....

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Funds management

With the share price of Pinnacle up more than 800% over the last five years, why are asset managers reluctant to invest in their competitors?...

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Funds management

Funds should be wary of holding high allocations to Chinese companies as Magellan implements risk controls after being “overconfident” and allowing its Alibaba allocation...

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Funds management

Magellan chair Hamish Douglass has hit out at “arrogant” asset managers who are seeking to control net zero emissions in their portfolios although it could offer a low ca...

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Funds management

Assets in exchange traded funds have already surpassed BetaShares’ year-end target after they grew by 22% in the first half of 2021. ...

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Funds management

Performance fees at Magellan Financial Group have more than halved in the 2020/21 financial year after the firm experienced fund underperformance....

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Funds management

Magellan chair and lead portfolio manager, Hamish Douglass, has seen his remuneration increase to $2.73 million, despite significant underperformance by his flagship Mage...

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Funds management

Magellan High Conviction Trust is set to transition from a listed investment company to an active exchange traded fund in a bid to reduce its discount....

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Funds management

Adviser take-up of exchange traded funds saw a drastic increase in 2020, and as more exchange traded managed funds hit the market, it could present more opportunities for...

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Funds management

Differing from other funds from the group, the retirement income-focused fund will offer a fixed monthly distribution....

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Funds management

Investors are seeking the safe havens of cash amid rising bond yields as a cash exchange traded fund sees the highest inflows in April, according to BetaShares, and appea...

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Funds management

Magellan was set to be the 12th largest shareholder in ANT Group if the initial public offering had gone ahead and its chief investment officer believes Jack Ma made his ...

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Funds management

It is foreseeable that higher bond yields and inflation will put pressure on markets and people will ask if the Fed got it wrong, Magellan chief investment officer, Hamis...

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Funds management

Underperformance of the firm’s global funds has led to performance fees at Magellan declining by 70% in the first half of 2021....

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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 3 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 1 day ago

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

3 weeks 6 days ago