redemptions

Funds management

Magellan forecast to lose $8bn post-Stack exit

The departure of Gerald Stack from Magellan could lead to redemptions as high as $8 billion, according to Morningstar, given the majority of assets in his infrastructure ...

Funds management

Platinum sees 11% FUM decline after heavy insto redemptions

Platinum Asset Management saw outflows of $1.65 billion in April, partly as a result of redemptions from institutional mandates and product rationalisation initiatives....

Funds management

Winners and losers: Morningstar identifies 10 managers seeing largest redemptions

Traditional active asset managers will have to “perform and adapt, or lose”, according to Morningstar, naming 10 firms that have seen the largest inflows and outflows in ...

Funds management

ASIC reminds responsible entities of liquidity obligations

Echoing the plight of mortgage funds during the global financial crisis, the Australian Securities and Investments Commission has reminded the responsible entities of man...