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Australian Listed Investment Company Report - April 2024

Australian Listed Investment Company Report - April 2024
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Magellan appoints ESG head as senior exec departs

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.

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Magellan earns $11m in performance fees amidst rough year

The once dominant fund manager has seen funds under management reduced from over $116 billion towards the end of last year to $61 billion at the end of the financial year. The $11 million it earned in performance fees for the financial year is a fraction of recent years.

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Magellan's FUM falls again

Institutional outflows have again dragged down the firm’s FUM. Magellan Financial Group has announced its funds under management (FUM) continued to decline in July, ending the month down $1. 1 bil

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Magellan's FUM decline continues - InvestorDaily

Institutional outflows have again dragged down the firm’s FUM. Magellan Financial Group has announced its funds under management (FUM) continued to decline in July, ending the month down $1. 1 bil

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Incoming Magellan CEO begins work to 'restore growth'

David George has joined the board of the fund manager. Magellan Financial Group has confirmed the appointment of new CEO and MD David George to its board as well as the board of its main operating su

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New Magellan CEO sets sights on restoring growth

David George has joined the board of the fund manager. Magellan Financial Group has confirmed the appointment of new CEO and MD David George to its board as well as the board of its main operating su

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Magellan FUM drops again

The fund manager's latest update shows its funds under management have dipped to $61.3 billion.

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Magellan loses $5.2b of funds as rival GQG wins mandates

The under-fire investment group said investors pulled a further $5.2 billion from its funds, as assets under management fell to $61.3 billion over the quarter.

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