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....
Hamish Douglass has confirmed that he and his wife had no plans to sell shares in the company in light of their marriage breakdown....
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....
Institutional rebalancing and the switch of one vehicle to an active exchange traded fund has led to redemptions for Magellan....
While several firms are exiting or reduce their exposure to Chinese stocks over regulatory risks, Platinum is viewing it as a buying opportunity....
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....
The conversion of the Magellan High Conviction trust into an active exchange traded fund helped the industry grow to $125 billion....
A reduction in Chinese exposure has led Magellan to make its first investment into Amazon after watching it closely for a long time....
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...
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....
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....
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....
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?...
Funds should be wary of holding high allocations to Chinese companies as Magellan implements risk controls after being “overconfident” and allowing its Alibaba allocation...
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...
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 ...