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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04 March 2021 - Department store Myer (ASX:MYR) reports a rise of 76.3 per cent in their statutory profit after tax of $43 million, up from $24.4 million reported a year ago.
08 Jul 2020 - Installment payment company Splitit Payments (ASX:SPT) has posted record Merchant Sales Volume up 176 per cent on Q1 FY20 and up 260 per cent over Q2 FY19, due to the addition of new large merchants.
19 Feb 2021 - Cochlear (ASX:COH) report strong growth in the US, Japan, Korea and China, improving momentum in Western Europe and a slower recovery across most emerging markets.
19 Nov 2020 - AFT Pharmaceuticals (ASX:AFP) reports continued growth in revenue and normalised earnings as it benefits from growth across its portfolio of over-the-counter and prescription medicines.
19 Feb 2020 - Crown Resorts (ASX:CWN) has reported its normalised net profit has dipped 11 per cent to $172.7 million for the first half of 2020 when compared to the same time last year.
14 Aug 2019 - Tabcorp (ASX:TAH) reports their statutory NPAT for the 12 months ending June 30th increased to $365.5 million from $28.7 million from the prior corresponding period.