DAVID GEORGE

Funds management

Australian equities have fallen dramatically for the second consecutive month at Magellan, falling by 25 per cent in April....

Funds management

Statutory net profit after tax at Magellan has declined 67% while performance fees declined from $11.5m to $0.1m, as the firm announces its first-half results for FY23....

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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. ...

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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....

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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...

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Funds management

Funds under management at Magellan have fallen from $68.6 billion to $65 billion in May, a monthly loss of more than double April’s figure....

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People & Products

Magellan Financial Group has appointed David George from Future Fund as chief executive and managing director....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 1 week ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks 1 day ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

2 weeks ago

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures....

3 weeks 1 day ago