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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26 Aug 2019 - G8 Education (ASX:GEM) today announced its results for the half-year ended 30 June 2019 showing net profit after tax (NPAT) reduced 20 per cent on the prior corresponding period to $19 million.
01 Feb 2021 - The Foreign Investment Review Board has determined the Commonwealth has no objection to a wholly owned subsidiary of Coca-Cola Amatil (ASX:CCL) Coca-Cola European Partners acquiring up to a 100 per cent interest in the Company.
16 Sep 2019 - Virgin Australia (ASX:VAH) today confirmed that it has entered into a term sheet with Affinity to buy back its 35 per cent investment in the Velocity Frequent Flyer program for $700 million.
26 Apr 2024 - A snapshot of the stocks on the move, featuring Tamboran Resources (ASX:TBN), Recce Pharmaceuticals (ASX:RCE) and Cooper Metals (ASX:CPM).
19 Dec 2019 - The ACCC has raised preliminary competition concerns about the proposed sale of Pacific Magazines (ASX:SWM) to Bauer Media, in a deal that would combine Australia’s two biggest magazine publishers.
18 Oct 2019 - Wastewater management company Fluence (ASX:FLC) has finished a successful capital raise of $36 million at a price per share of $0.44 from sophisticated and professional investors.
