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Magellan considers scrapping closed-ended Global option

Magellan is considering a conversion of the closed class units of its Magellan Global Fund into open ones in a bid to narrow its discount to NAV.

Andrew formicaDavid georgeGlobal fundMagellan global fundAirlie small companies fundMagellan core seriesAirlie small companies

Magellan s Formica on growth ambitions via fund expansion

Magellan’s new chairman, Andrew Formica, says he is “deeply motivated” to return the fund manager to a growth footing by expanding its offerings.

David georgeAndrew formicaColette garnseyRobert fraserDavid dixonCathy kovacsJanus hendersonEnergy transition investment strategyAirlie small companies fundMagellan core seriesAirlie small companiesDeborah pageKaren phin

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.

Brett cairnsJohn seviorDavid georgeAustralian securities exchangeAirlie small companiesAirlie funds managementAirlie australian shareAirlie concentrated shareMagellan global

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