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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 Formica , David George , Global Fund , Magellan Global Fund , Airlie Small Companies Fund , Magellan Core Series , Airlie 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 George , Andrew Formica , Colette Garnsey , Robert Fraser , David Dixon , Cathy Kovacs , Janus Henderson , Energy Transition Investment Strategy , Airlie Small Companies Fund , Magellan Core Series , Airlie Small Companies , Deborah Page , Karen Phin ,

Magellan performance halves across the board

As Magellan Financial Group s funds under management and profit drastically decline, its investments in Barrenjoey Capital Partners and FinClear also took a toll on its 2023 financial year performance. ....

David George , Energy Transition Strategy , Airlie Small Companies Fund , Magellan Financial Group , Barrenjoey Capital Partners , Global Equities Strategy , Magellan Core Series ,