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. ...
Magellan has begun positioning its $7.3 billion Global portfolio for a recession, which it believes is a likely scenario this year....
Magellan has seen funds under management fall to $43.2 billion with Australian equities falling by a third. ...
Vihari Ross, who was responsible for leading Magellan’s 30-person global research team, has moved to Antipodes as a portfolio manager. ...
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 ...
The asset manager has announced the departure of a senior fund manager and the subsquent handover of responsibilities. ...
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....
The retirement income solutions provider’s latest appointments include a chief financial officer, head of marketing, and head of human resources....
A 5.8% increase in Australian equities managed by the firm has helped drive a $900 million increase in the group’s total FUM. ...
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....
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....
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....
Global equities funds are among the most-popular funds searched for on the Money Management Investment Centre website this year....
Magellan has made changes to its board following shareholder approval to increase board remuneration by $1 million....
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. ...
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...