Global Portfolio Managers Nikki Thomas and Arvid Streimann discuss the unfolding interest rate cycle and the effect it’s having on market sentiment and company valuations. They provide an update on the portfolio’s recent performance and its positioning for the current environment.
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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12 Feb 2020 - Cloud company Megaport (ASX:MP1) has reported a $19 million loss in the first six months of the financial year, 14.4 per cent more than its loss in the prior corresponding period despite a revenue increase of 70.3 per cent.
29 Jul 2020 - Founder and long-standing Chief Executive and Managing Director of Karoon Energy (ASX:KAR), Robert Hosking, is set to retire at the company's 2020 annual general meeting after 16 years in the position.
19 Mar 2021 - Fortescue (ASX:FMG) and its subsidiaries launched a high yield bond offering of US$750 million of senior unsecured notes, which has today been upsized to $US1.5 billion as a result of strong demand.
27 May 2020 - Australian health supplements company Blackmores (ASX:BKL) is undertaking a fully underwritten $92 million institutional placement and non-underwritten Share Purchase Plan of up to $25 million to eligible shareholders.
17 Aug 2020 - Bathroom fixtures and fitting supplier GWA (ASX:GWA) Group says its profit for the 2020 financial year fell 12 per cent to $44.9 million.
27 Dec 2019 - The Mirvac Group (ASX:MGR) exchanged contracts to purchase 7-23 Spencer Street in Melbourne, Victoria for a total consideration of $200 million.
17 Dec 2019 - Car retailer AP Eagers (ASX:APE) has identified inconsistencies in its payroll system, which have unintentionally resulted in over six thousand employees not being paid their full entitlements.
