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Australia's A$2.4 trillion pension sector grew its investments in local and foreign debt by more than A$20 billion over the past year as higher yields burnished an asset class overlooked in a...
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.
Aware Super hires Simon Warner as head of portfolio management and Justin Howell as chief operating officer for investments.
While adding a new head of portfolio management and chief operating officer for investments, Aware Super has lost one of its key portfolio managers to an asset consultant.
OP-ED With Magellan CEO David George hinting at possible acquisitions, the appointment of Andrew Formica, who pursued an aggressive M&A strategy for Henderson as its former CEO, is an interesting move.