MAGELLAN

Funds management

The search for a new chief executive at Magellan will begin this month with chair Hamish Douglass denying he will be stepping back into his former role....

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Funds management

Hamish Douglass has confirmed that he and his wife had no plans to sell shares in the company in light of their marriage breakdown....

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People & Products

Magellan Asset Management’s chief executive, Dr Brett Cairns, has stepped down from his role for personal reasons and Kirsten Morton has been appointed as interim CEO....

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Funds management

Institutional rebalancing and the switch of one vehicle to an active exchange traded fund has led to redemptions for Magellan....

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Funds management

While several firms are exiting or reduce their exposure to Chinese stocks over regulatory risks, Platinum is viewing it as a buying opportunity....

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Funds management

It is rare to see “all parts of the market firing on all cylinders”, according to Airlie, but the high multiples make it challenging to find quality companies....

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Funds management

The conversion of the Magellan High Conviction trust into an active exchange traded fund helped the industry grow to $125 billion....

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Funds management

A reduction in Chinese exposure has led Magellan to make its first investment into Amazon after watching it closely for a long time....

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Features

Last year’s volatility has prompted several listed investment vehicles to move away from the structure but firms operating them say there are still benefits, writes Laura...

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Funds management

While the Magellan Global fund is over $14 billion in size, the firm is trying to actively diversify its business away from purely global equities....

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Funds management

Magellan has seen its net profit after tax fall 33% in the last financial year but funds under management have risen 9% to pass $100 billion....

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Funds management

Backing founder-led businesses has been key to performance for the Airlie Australian Share fund as it navigated the pandemic but it is optimistic for dividends next year....

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Funds management

With the share price of Pinnacle up more than 800% over the last five years, why are asset managers reluctant to invest in their competitors?...

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Funds management

Funds should be wary of holding high allocations to Chinese companies as Magellan implements risk controls after being “overconfident” and allowing its Alibaba allocation...

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Funds management

Magellan chair Hamish Douglass has hit out at “arrogant” asset managers who are seeking to control net zero emissions in their portfolios although it could offer a low ca...

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