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Magellan Financial Group Limited

ASX Announcements

Appointment of Interim Chief Financial Officer

Company Administration - Other

  • Jan 14, 2025
  • 1 page

Market Sensitive

Funds Under Management and Performance Fee Update - Dec 2024

Periodic Reports - Other

  • Jan 8, 2025
  • 2 pages

Notification of cessation of securities - MFG

Appendix 3H (Notification of cessation of securities)

  • Jan 3, 2025
  • 4 pages

Becoming a substantial holder

Becoming a substantial holder

  • Dec 27, 2024
  • 6 pages

Change of Director's Interest Notice - John Eales

Change of Director’s Interest Notice

  • Dec 16, 2024
  • 2 pages

View all MFG announcements

This Month

Macquarie has previously announced lofty climate commitments. It would not commit to them this week.

Macquarie refuses to say whether it stands by climate commitments

Other major local financial institutions indicated that they remained committed to net zero goals amid a recent pullback by global financial firms.

  • Joshua Peach and Lucas Baird
Magellan’s Alan Pullen started covering financials and now runs two portfolios, including a hand in the firm’s flagship $12 billion fund. He’s seen a lot at Magellan, but always kept his belief in owning stocks.

How Magellan plans to make money, without two super-hot stocks

Hamish Douglass is gone – along with plenty of clients – but the global equities team marches on with the same search for quality compounders.

  • Anthony Macdonald
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There can only be one winner in the ASX’s big tussle for 2025

Shares in Australia’s big banks are easily outrunning the ASX’s big miners. It will switch, it always does.

  • Anthony Macdonald
Flows to Phil King’s Regal Partners are outpacing former industry leader Magellan.

Regal Partners tops $18b as Magellan falters

Phil King’s Regal shows little sign of slowing down as former industry leader Magellan fails to gather its former momentum.

  • Joshua Peach
Magellan co-founder Chris Mackay’s says there’s a bubble in non-public markets.

Magellan co-founder Chris Mackay lambasts private credit in tirade

The fund manager behind MFF Capital has taken aim at the “story tellers” spruiking high returns and low risks outside the scrutiny of public markets.

  • Joshua Peach
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December 2024

BBrian Benari is the chief executive of Barrenjoey. The firm told staff it expects revenue will grow by 13 per cent in the coming year.

Barrenjoey tells staff to expect revenue bump as rivals circle

At least two rival investment banks said that they had recently held discussions with some of the local investment advisory and markets firm’s employees.

  • Updated
  • Jemima Whyte

November 2024

Magellan executive chairman Andrew Formica and chief executive-in waiting Sophia Rahmani.

Magellan’s core series on the chopping block

A series of termination notices spell the end for three Cboe listed funds in Magellan’s Core Series.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Andrew Formica, the chairman of Magellan.

Magellan paid up big for its Vinva acquisition, accounts show

Financial year 2024 accounts show Magellan paid a punchy multiple for its $138.5 million global equity acquisition.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

October 2024

Magellan chairman Andrew Formica has defended a decision to pay Keybridge Capital.

Magellan board defends Bolton’s windfall amid ASIC probe

The chairman of the fund manager said a deal struck to appease activist investor Nick Bolton was in the best interests of shareholders.

  • Jonathan Shapiro, Jemima Whyte and Zoe Samios
Magellan co-founder Chris Mackay sees a world of risk, but opportunities for calm investors.

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
Magellan co-founder Chris Mackay is expanding his MFF Capital Investments

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 2024

Finclear chief executive and founder David Ferrall.

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
Andrew Formica’s new recruit at Magellan, Sophia Rahmani.

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
FinClear CEO and founder David Ferrall.

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 2024

Canopy Investors’ Kris Webster.

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
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Magellan executive chairman Andrew Formica says the Vinva deal is the company’s priority.

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
Morry Waked was inducted into the hall of fame for Australian fund managers last year.

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
Brian Benari is the chief executive of Barrenjoey, which has started paying dividends this year.

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 executive chairman Andrew Formica.

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 executive chairman Andrew Formica and new recruit Sophia Rahmani, who will take over as chief executive.

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

Original URL: https://www.afr.com/company/asx/mfg