Gerald Stack News Today

Magellan Financial Group has seen funds under management decline in September, with a 17 per cent loss seen in the global equities division.

In its first FUM update since releasing its full-year results, Magellan has announced its retail and institutional flows during August.

Platinum Asset Management and Magellan Financial Group both had bad years and are making changes. But will the end of their rock star chief investment officers really help?

Net profit after tax at Magellan has declined by 52 per cent as it releases its full-year results for FY22–23, its first in a five-year transformation strategy, and makes several people moves.

Magellan has appointed Amy Krizanovic as head of ESG and it is understood her predecessor and former deputy CIO, Dom Giuliano, has departed the firm after 16 years.

The former deputy CIO has bowed out after more than 16 years with the $1.5 billion listed global equity investment manager.

With initial signs that inflation might have passed its peak in Australia, portfolio managers have share

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.

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.

Independent Investment Research updates developments among Australia's listed investment companies and provides comparative data