Portfolio Manager Alan Pullen discusses the recent bank defaults, the impact of interest rates on banks in general and where he sees opportunities in the financial sector.
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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19 Mar 2020 - Qantas (ASX:QAN) and Jetstar are to suspend scheduled international flights from late March, following latest government travel advice regarding the coronavirus with some ongoing ad hoc services possible.
23 Jan 2020 - CIMIC Group (ASX:CIM) today announced that it has decided to exit the Middle East and focus its resources and capital allocation on growth opportunities in its main core markets, Australia, New Zealand and Asia Pacific.
22 Feb 2023 - A snapshot of the stocks on the move featuring Vintage Energy (ASX:VEN), Mandrake Resources (ASX:MAN), Charger Metals (ASX:CHR) and Carnarvon Energy (ASX:CVN).
15 Oct 2019 - Medical marketer and wholesaler EBOS (ASX:EBO) has entered into the medical device market with the $34 million acquisition of LMT and National Surgical businesses.
03 Sep 2019 - Dreamworld owner, Ardent Leisure Group (ASX:ALG) has responded to recent media speculation regarding a potential divestment of its US-based Main Event Entertainment.
28 Apr 2020 - National Australia Bank (ASX:NAB) has today successfully completed $3 billion fully underwritten institutional placement that was announced yesterday.