Phil King's Regal snaps up Chris Mackay's 6.6pc stake in Magellan
Two of Australia’s best-known fund management houses were hobnobbing after the market closed on Wednesday.
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Two of Australia’s best-known fund management houses were hobnobbing after the market closed on Wednesday.
GQG Partners' funds under management (FUM) has surged to $104.1 billion as of June 30, reflecting 20.1% growth year on year.
The fund manager delivered another strong interim result with more business in the US, but remained tight-lipped about its interest in Pacific Current.
Shares open 1 per cent lower; Origin lifts after flagging stronger FY24; Ignhams up 13 per cent. US bonds yields hit 15-year high. Follow updates here.
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