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.
Copyright 2023 – Finance News Network
04 Mar 2020 - Industrial engineering services group, Engenco (ASX:EGN) is pleased to announce that its subsidiary, Gemco Rail has crystallised an unconditional sale agreement to sell its remaining rail rental wagon fleet.
19 Mar 2020 - Domino’s Pizza Enterprises (ASX:DMP) has made the decision, after consultation with our franchisees in France, to close all stores in the country for a period of 15 days – effective immediately.
23 Mar 2021 - Genex Power (ASX:GNX) has finalised its negotiations with Powerlink Queensland in relation to the connection arrangements for the 250MW Kidston Pumped Storage Hydro Project.
20 Jan 2021 - Australasia’s largest equity-based insurance broker network, the AUB Group (ASX:AUB), is set to sell its total shareholding in Altius Group Holdings Pty to The Riverside Company for $57 million.
25 May 2020 - Aged care operator Estia Health (ASX:EHE) says disruptions caused by COVID-19 has led to a fall in occupancy levels which will lead to higher ongoing costs.
28 Sep 2020 - Ampol’s (ASX:ALD) chief commercial officer, Louise Warner, has quit the fuel retailer to take up an executive position at Canada’s Couche-Tarde.
31 Mar 2021 - SG Fleet Group Limited (ASX:SGF) has entered into an agreement to acquire the Australian and New Zealand businesses of LeasePlan for a cash consideration of $273 million and a 13 per cent equity interest in SG Fleet.
