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Magellan (ASX: MFG) navigates the risk of becoming a takeover target

Magellan’s executive chairman Andrew Formica is under pressure from activist investors to return capital to shareholders, while speculation mounts about the funds manager’s future.

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Magellan (ASX: MFG) navigates the risk of becoming a takeover target

Magellan (ASX: MFG) navigates the risk of becoming a takeover target
watoday.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from watoday.com.au Daily Mail and Mail on Sunday newspapers.

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High staff turnover at Folklore has venture capital sector talking

While individual staff members may have left for a variety of reasons, the totality of exits over a short period has caught the industry’s attention.

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Magellan reverts to old leadership model

Magellan Financial Group has again overhauled its executive ranks and board, in a move that will see it revert to an old model affecting the roles of chief executive and chief investment officer.

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Director steps down from Magellan AM board

Magellan Asset Management director, Kirsten Morton, has stepped down from the board.

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Pinnacle founder on avoiding 'rockstar culture' in management

Pinnacle’s founder, Ian Macoun, has explained how he has structured the firm with its affiliate boutiques in order to avoid the negative impact of key person risk.

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Pinnacle founder on avoiding 'rockstar culture' in fund management

Pinnacle’s founder, Ian Macoun, has explained how he has structured the firm with its affiliate boutiques in order to avoid the negative impact of key person risk.

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Magellan Australian equity FUM falls by a quarter

Australian equities have fallen dramatically for the second consecutive month at Magellan, falling by 25 per cent in April.

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Magellan still reeling from horror year

The troubled funds management group has continued to bleed funds under management, but some investors remain optimistic about its prospects.

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Events that shocked in 2022: Part 2

Here are more shocks and surprises from the year that was. This is part 2 of a 2 part special. Read part 1 here. After two years of volatility and uncertainty, you might have thought at the beginn

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