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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27 Sep 2019 - Communication and IT solution provider, Speedcast International (ASX:SDA) has appointed Peter Shaper and Joe Spytek as independent non-executive directors as part of Speedcast’s Board renewal process.
16 Sep 2019 - Sims Metal Management (ASX:SGM) has today announced that the recent and significant falls in ferrous and non-ferrous prices will negatively impact 1H FY20 and the result will be materially lower than 1H FY19.
08 Sep 2020 - Sydney Airport (ASX:SYD) has completed a retail shortfall bookbuild to strengthen its “financial resilience” in “challenging” pandemic circumstances.
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.
16 Sep 2020 - Emeco (ASX:EHL) has completed the refinance of US$180 million (A$247 million) of 2022 Notes with new notes maturing on 31 March 2024, eliminating the Company’s 2022 refinancing task.
02 Jun 2020 - Iress (ASX:IRE) has successfully completed a $150 million fully underwritten placement of approximately 14.4 million new fully paid ordinary shares to institutional and sophisticated investors at a price of $10.42 per Placement Share.
