Magellan Portfolio Manager, Alan Pullen, provides a timely update on the financials sector in light of the recent volatility we’ve seen with banks in the US and Europe.
The Magellan Global Fund offers investors the opportunity to invest in a specialised and focused global equity fund. The Fund aims to achieve attractive risk-adjusted returns over the medium to long term while minimising the risk of permanent capital loss. There is also a listed version available under the ASX ticker code MGF.
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09 Jul 2020 - Netwealth (ASX:NWL) grew its funds under management (FUA) by 35 per cent over the 2020 financial year, an increase of $8.2 billion to $31.5 billion.
12 Mar 2020 - Healius (ASX:HLS) notes the media speculation in The Australian newspaper today and states that there has been no finalisation of a response on the non-binding indicative offer to acquire all of the shares in Healius by way of a Scheme of Arrangement from a wholly-owned subsidiary of Partners Group.
14 Feb 2020 - Centuria Capital Group (ASX:CNI) says their subsidiary, Centuria Property Funds has settled Parramatta office tower for $105.3 million, following the completion of the closed-ended fund’s five-year term.
09 Sep 2020 - Nearmap (ASX:NEA) is aiming to raise $90 million via an institutional placement and subsequent share purchase plan to fund potential acquisitions and existing growth initiatives.
