Managed funds
Analysis
Analysis
Australian investors left in the dark over how their money is invested
Timely disclosure of portfolio holdings is becoming even more important with increasing interest in ethical investing and concerns over greenwashing.
- by John Collett
Latest
Opinion
For subscribers
Magellan cops a hit as another rock star stock picker lays down his guitar
The trouble with having rock stars in business is that they retire or they put out a bad (performance) album, and then leave, all of which has been bad news for Magellan.
- by Elizabeth Knight
Opinion
For subscribers
Frustrated billionaire’s dummy spit could shake up money management
The godfather of funds management, Kerr Neilson, wants to see changes at Platinum Asset Management. But without a board or executive position he has been relegated to firing potshots from the sidelines.
- by Elizabeth Knight
Updated
Banking & finance
Magellan shares tumble after another bleak update
Magellan has capped off a hellish 2022 with investors continuing to pull money out from the embattled fund manager.
- by Simone Fox Koob
AMP boss Alexis George in a tussle with activist investors
AMP’s management is convinced it has the plan to resuscitate the venerable brand’s fortunes, but multiple institutional investors want decisive action, including a further break-up of the company.
- by Anne Hyland
Why this major money manager says scale is key to success
Pendal shareholders voted in favour of a takeover by rival funds manager Perpetual on Friday, in a deal which will see the combined firm become one of the largest ASX-listed asset managers.
- by Simone Fox Koob
Exclusive
Investing
Australian investors ready to punt on progressive agenda: BlackRock
While the world’s largest money manager is taking fire in the US over its focus on environmental and socially progressive investing, it has found fertile ground in Australia.
- by Simone Fox Koob
‘I understand and appreciate your anger’: Magellan board face hostility from some shareholders over pay
The board of embattled funds manager Magellan wants shareholder approval to increase the cap on the pay of non-executive directors from $750,000 to $1.75 million as it works to renew and expand the board after a horror 12 months.Â
- by Simone Fox Koob
Exclusive
Sharemarket
‘We see ourselves as a growth company’: Regal’s Phil King eyes growth after Perpetual tilt
Regal Funds Management chief investment officer Phil King has underlined the company’s growth ambitions after its rejected takeover tilt at rival Perpetual.
- by Clancy Yeates
New Magellan boss committed to Barrenjoey stake
Magellan Financial Group’s new chief executive David George said the embattled investment group will retain its cornerstone stake in the star-studded investment bank, Barrenjoey, despite its renewed focus on funds management.
- by Colin Kruger
Opinion
Opinion
Religion and business: The toxic cocktail that blew up in Thorburn’s face
Andrew Thorburn and Essendon’s management should have known better than to embroil the club in a controversy that has little to do with its financial future.
- by Elizabeth Knight