Magellan

Funds management

Airlie waiting for ‘raining down of dividends’

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....

Funds management

Asset managers missing out on rivals’ performance

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 management

Magellan sets fund limit to reduce dominance of Chinese companies

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

Funds management

Magellan opts out of targeting net zero goal

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...

Funds management

BetaShares upgrades ETF growth forecast

Assets in exchange traded funds have already surpassed BetaShares’ year-end target after they grew by 22% in the first half of 2021. ...

Funds management

Magellan sees 62% performance fee drop

Performance fees at Magellan Financial Group have more than halved in the 2020/21 financial year after the firm experienced fund underperformance....

Funds management

Pay rise for Magellan’s Douglass despite underperformance

Magellan chair and lead portfolio manager, Hamish Douglass, has seen his remuneration increase to $2.73 million, despite significant underperformance by his flagship Mage...

Funds management

Magellan High Conviction to move to active ETF

Magellan High Conviction Trust is set to transition from a listed investment company to an active exchange traded fund in a bid to reduce its discount....

Funds management

Will ETMFs achieve same adviser take-up as ETFs?

Adviser take-up of exchange traded funds saw a drastic increase in 2020, and as more exchange traded managed funds hit the market, it could present more opportunities for...

Funds management

Magellan launches FuturePay fund

Differing from other funds from the group, the retirement income-focused fund will offer a fixed monthly distribution....

Funds management

Investors flock to cash ETFs amid rising bond yields

Investors are seeking the safe havens of cash amid rising bond yields as a cash exchange traded fund sees the highest inflows in April, according to BetaShares, and appea...

Funds management

Hamish Douglass’ ‘disappointment’ at blocked ANT Group IPO

Magellan was set to be the 12th largest shareholder in ANT Group if the initial public offering had gone ahead and its chief investment officer believes Jack Ma made his ...

Funds management

'Disaster' ahead if rates were to rise: Magellan

It is foreseeable that higher bond yields and inflation will put pressure on markets and people will ask if the Fed got it wrong, Magellan chief investment officer, Hamis...

Funds management

The funds impacting Magellan’s 70% drop in performance fees

Underperformance of the firm’s global funds has led to performance fees at Magellan declining by 70% in the first half of 2021....

Funds management

Which ETFs saw the largest inflows and outflows in 2020?

With investors turning to exchange traded funds for liquidity and accessibility, which funds received the bulk of new inflows and which did they turn away from? ...