ASX Announcements
Change of Director's Interest Notice - Andrew Formica
Change of Director’s Interest Notice
- Sep 27, 2024
- 2 pages
Notification regarding unquoted securities - MFG
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
- Sep 27, 2024
- 6 pages
Notification of cessation of securities - MFG
Appendix 3H (Notification of cessation of securities)
- Sep 26, 2024
- 4 pages
This Month
- Opinion
- Chanticleer
Why investment legend Chris Mackay says ‘it’s a dangerous time’
The MFF Capital Investments boss and Magellan co-founder says the “everything rally” is likely to reverse, but calm, long-term investors can fight through the noise.
- James Thomson
Chris Mackay buys Montaka, outlines Magellan-like vision
The Magellan Financial Group’s co-founder is roping a new manager into his $2 billion investment vehicle and his expectations are high.
- Joshua Peach
September
It’s not just losses. Magellan’s FinClear is flatlining on the top line
Revenue grew marginally above financial year 2022 levels, but significant top-line growth remains elusive.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Magellan head of strategy exits amid internal reshuffle
Of note, Smith led Magellan’s defence strategy when the investment house was grappling with its bete noir, Keybridge Capital’s Nick Bolton.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Magellan-backed FinClear set to lose CommSec as client
CommSec is running a request-for-proposal to select a new vendor to replace FinClear’s iBROKER, a post-trade system for equities and derivatives.
- Sarah Thompson, Kanika Sood and Emma Rapaport
August
Why this beaten up beauty stock could pay off handsomely
Ex-Magellan stock-picker Kris Webster explains why he’s betting on a rebound in the US beauty industry and a stock that has slumped more than 30 per cent since March.
- Joanne Tran
Magellan’s Formica breaks bread with shareholders; FinClear in frame
The questions leaned heavily towards the performance of Magellan’s two off-piste investments.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Meet the mysterious investment legend who might save Magellan
Shares surged again after the company sealed a deal with the secretive investor known for running one of Australia’s best quantitative investment firms.
- Updated
- James Thomson
Barrenjoey, in the black and paying dividends, finally hits its stride
The firm had been plagued by years of high start-up costs. Big deals for Guzman y Gomez and Suncorp, and a broader business, have turned its fortunes around.
- Aaron Weinman
Magellan backs Vinva for bet on quant fund shift
Chairman Andrew Formica said superannuation funds’ obsession with low fees may not be in their members’ interest, as he snapped up a stake in the boutique firm.
- Jonathan Shapiro
Magellan fund redemptions put shareholders on edge
Anxious shareholders were rattled by the $800 million in funds under management that walked out the door from the Magellan Global Fund in July.
- Sarah Thompson, Kanika Sood and Emma Rapaport
July
Duncan Saville’s Somers eyes investment in Magellan-backed FinClear
It comes as FinClear, on Thursday, quietly opened a share sale to match buyers and sellers on its register, including employees and external investors.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Newcomer Canopy Investors nabs Magellan analyst
Street Talk can reveal the boutique global small and mid-cap equities manager has brought in Magellan senior analyst Jack McManus as a portfolio manager.
- Sarah Thompson, Kanika Sood and Emma Rapaport
June
Ex-Magellan stock pickers partner with Bennelong to launch new fund
Kris Webster and Michael Poulsen each spent more than a decade at the investment firm before finally setting up their own shop last year.
- Joshua Peach
The top 20 stocks by dividend return this year
Insurers, miners and fund managers were the top performers, but experts warn of income traps.
- Lucy Dean
May
Airlie’s Emma Fisher is making her next big bets
Mineral Resources and Reece have been career-defining picks. This year, she’s sold down CBA and is going large on one of the most shorted stocks on the ASX.
- Sarah Jones
Magellan has a curious connection to rolling Magnis Energy disaster
The corporate regulator launched legal proceedings against the EV hopeful last week. It wasn’t the first compliance team to take an interest – in a way.
- Sarah Thompson, Kanika Sood and Emma Rapaport
February
Magellan reveals Barrenjoey’s $10 million half
Magellan holds a 36 per cent interest in Barrenjoey, a home-grown investment bank that has been seeking to pinch market share from established shops since it launched in 2020.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Cashed-up Magellan wants bolt-ons after poaching Maple-Brown boss
Magellan recruit Sophia Rahmani will lead a hunt to acquire boutique fund managers and restore the firm to its former glory.
- Jonathan Shapiro
Magellan confirms Sophia Rahmani as its next CEO
It comes after CEO and managing director David George stepped down from the role in October.
- Sarah Thompson, Kanika Sood and Emma Rapaport