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....
Barclays has increased its shareholding in Barrenjoey Capital Partners from 9.9% to 18.2% by way of subscribing for $75 million of new capital following earlier investmen...
Magellan Financial Group has appointed David George from Future Fund as chief executive and managing director....
Funds under management at Magellan have fallen to $68.6 billion in April although there was a slight uptick in its infrastructure division....
Asset managers are coming to terms with key-man risk as advisers and investors question the succession plans for their teams....
Hamish Douglass has resigned from the board of Magellan in light of his continued absence from the firm....
Monash Investors has initiated a short position on Magellan as it is concerned the firm will get significantly smaller in light of its underperformance. ...
Magellan has hit out at “sheep-like behaviour” causing fund outflows and taken action to maintain liquidity as Hamish Douglass’ return date remains unconfirmed....
Shares in Magellan have risen 16% today after the firm announced a 24% increase in net profit after tax in its half-yearly results....
Magellan Financial Group has lost $6.4 billion in less than two weeks as chair and chief investment officer Hamish Douglass takes ‘leave of absence’....
As Hamish Douglass takes leave from his chairman and chief investment officer roles at Magellan, Money Management explores an eventful period for the firm. ...
Chairman and fund manager Hamish Douglass is to take a leave of absence from Magellan Financial Group after a period of “intense pressure”....
The $14.2 billion Magellan Global fund is among more than 40 funds exposed to Meta, which saw its worst one-day loss since listing in 2012 at the end of last week when it...
Magellan Financial Group has seen outflows of $1.5 billion in the December quarter, in addition to a $23 billion reduction from the termination of a mandate with St James...
The Magellan Global fund’s conservative approach is like being the “designated driver at a wild party” but chairman Hamish Douglass is optimistic this year will be a bett...
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...