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Magellan names Rahmani as new chief, reports NPAT lift

Magellan Financial Group is hopeful new managing director Sophia Rahmani will help steady the ship, as it sharpens its focus on the US and reports a 24% increase in statutory net profit after tax despite plummeting funds under management. ....

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ETFs start 2023 with a bang: BetaShares

Australia s ETF industry grew 3.7% in January for a total monthly market cap increase of $4.7 billion, according to BetaShares latest review. ....

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'Massive' outflows from a single fund leave ETF industry flat for the month

The iShares Core S&P/ASX 200 ETF recorded net outflows of more than $1 billion. The assets under management of the Australian ETF industry dipped 0.2 per cent or $0.3 billion in August to $130.0 bill ....

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Aussie ETF industry back on growth trajectory

Australian ETFs have recorded their strongest net inflows in nine months. After suffering three months of declines, the assets under management (AUM) of Australia’s ETF industry rose by 4. 8 per c ....

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