MAGELLAN

Funds management

Morningstar has downgraded Magellan’s infrastructure funds as it is concerned about the heightened risk of a departure by its management team....

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People & Products

Magellan has confirmed two investment leadership changes to its team and changed the portfolio managers of its High Conviction Trust....

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Funds management

GQG has become the latest fund manager to report a downturn in funds under management as the result of institutional client withdrawals....

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Funds management

The Australian exchange trade fund industry saw its single-largest trade in August as an institutional investor withdrew $1 billion from an iShares fund....

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Funds management

Fund management house Magellan Financial Group has reported further significant outflows, after another $1.3bn was redeemed from its strategies in August....

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Funds management

Magellan has seen monthly outflows of $2.5 billion but Australian equities saw a jump as investors sought domestic exposure in a volatile environment....

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Funds management

Magellan fund managers have outlined which global stocks have helped and hindered its $9.4 billion Magellan Global fund over the last 12 months....

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Funds management

Market volatility means exchange traded funds will be lucky to retain the same volume of funds under management as 2021 as BetaShares revises down its forecast following ...

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People & Products

Netwealth’s joint managing directors and founders, Michael and Matt Heine, are among the top 10 highest-paid ASX 200 chief executives on a realised-pay basis, earning a c...

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Funds management

Magellan has terminated its retirement income-focused FuturePay strategy, effective from 20 July, just over a year after launching it....

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Funds management

Magellan has seen quarterly net outflows of $5.2 billion in the three months to 30 June, causing total funds under management to fall to $61.3 billion. ...

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People & Products

Magellan’s general manager for distribution, Frank Casarotti, is set to leave the firm after 15 years....

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People & Products

Magellan has amended the mandate of its $564 million High Conviction Trust from a maximum of 12 companies to 20, while adding a second portfolio manager....

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Funds management

Magellan has exited its stake in restaurant chain Guzman y Gomez, selling its 11.6% stake for $140 million....

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Funds management

Magellan has confirmed Hamish Douglass will return to the firm in a consultancy role from October 2022....

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