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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28 Sep 2020 - Online bookmaker PointsBet (ASX:PBH) has launched retail sports betting operations in Illinois, after launching online operations there earlier this month.
14 Apr 2020 - InvoCare (AX:IVC) funeral homes is raising $150m through an underwritten institutional Placement to continue momentum achieved on its growth initiatives through the temporary restrictions on the funeral industry as a result of COVID-19.
10 Dec 2019 - Wisr (ASX:WZR) is pleased to announce the appointment of former Commonwealth Bank of Australia (CBA) General Manager of Unsecured Risk, Joanne Edwards, to the Company’s newly created role of Chief Risk and Data Officer.
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.
24 Feb 2020 - BlueScope (ASX:BSL) today reported a 1H FY2020 net profit after tax (NPAT) of $185.8 million, down 70 per cent on 1H FY2019, and an underlying NPAT of $199.6 million.
