MAGELLAN

Funds management

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

Funds management

As the global economy moves toward a decarbonised world, large-scale utilities will be driving the move towards net zero, according to two infrastructure fund managers. ...

Funds management

Magellan has begun positioning its $7.3 billion Global portfolio for a recession, which it believes is a likely scenario this year....

Funds management

Magellan has seen funds under management fall to $43.2 billion with Australian equities falling by a third. ...

People & Products

Vihari Ross, who was responsible for leading Magellan’s 30-person global research team, has moved to Antipodes as a portfolio manager. ...

Funds management

Magellan has warned a black swan event ‘cannot be ruled out’ given the current banking crisis but reassured investors in its $7.2 billion Global fund that it has minimal ...

People & Products

The asset manager has announced the departure of a senior fund manager and the subsquent handover of responsibilities. ...

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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People & Products

The retirement income solutions provider’s latest appointments include a chief financial officer, head of marketing, and head of human resources....

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Funds management

A 5.8% increase in Australian equities managed by the firm has helped drive a $900 million increase in the group’s total FUM. ...

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Funds management

The underperformance of the Magellan Infrastructure fund was significantly driven by the portfolio’s lack of investment in oil-related firms, according to its manager....

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Funds management

The $7.5 billion Magellan Global fund is exploring increasing its weighting to China as it believes its re-opening will lead the country to be the story of 2023....

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Funds management

Performance fees at Magellan were “not meaningful” in the six months to 31 December, compared to $11 million a year ago while total funds have dropped below $50 billion....

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Funds management

Global equities funds are among the most-popular funds searched for on the Money Management Investment Centre website this year....

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Funds management

Magellan has made changes to its board following shareholder approval to increase board remuneration by $1 million....

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