‘There’s value there’:GQG Partners defends funds managers amid passive investment surge
Banking&finance

‘There’s value there’:GQG Partners defends funds managers amid passive investment surge

If you were a funds manager during last year’s bull market,says GQG Partners’ James Anders,it wasn’t hard to look good. Then came a war in Ukraine,rising inflation,soaring energy prices and market volatility,and the outlook wasn’t so rosy.

  • bySimone Fox Koob

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‘Still ahead of the index’:AFIC’s Mirrabooka hit hard by market turbulence
Australian Foundation Investment Company

‘Still ahead of the index’:AFIC’s Mirrabooka hit hard by market turbulence

Mirrabooka – an arm of the Australian Foundation Investment Company (AFIC) shed 20.9 per cent last financial year.

  • byLachlan Abbott
‘Underperforming and expensive’:Magellan facing critical test after another $5b in outflows
Magellan Financial Group

‘Underperforming and expensive’:Magellan facing critical test after another $5b in outflows

Embattled fund manager Magellan revealed investors had pulled another $5 billion from its funds,just weeks before a new CEO begins.

  • bySimone Fox Koob
Why a ‘greenwashing’ crackdown should have come as no surprise
Opinion
Ethical investing

Why a ‘greenwashing’ crackdown should have come as no surprise

A police raid on Deutsche Bank this week sent shockwaves through the $US30 trillion-plus ESG sector. Everyone should have seen it coming.

  • byStephen Bartholomeusz
Mike Baird says ‘reflection is required’ after election loss as he takes new role
Mike Baird

Mike Baird says ‘reflection is required’ after election loss as he takes new role

The former NSW premier made the remark as he announced he was taking on a new role chairing a philanthropic fund manager.

  • byClancy Yeates
‘They lied’:Archegos duped Wall Street’s biggest banks,prosecutor says
Wall Street

‘They lied’:Archegos duped Wall Street’s biggest banks,prosecutor says

It’s not often that the world’s biggest banks are portrayed as victims. But that is what happened when Archegos founder Bill Hwang and his chief financial officer were arrested yesterday.

  • byMatthew Goldstein andLananh Nguyen
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Magellan still ‘stuck in the middle’ despite share spike
Magellan Financial Group

Magellan still ‘stuck in the middle’ despite share spike

Magellan’s shares have jumped over 12 per cent after it reported funds under management had increased,after months of sharp outflows.

  • byCharlotte Grieve
Magellan’s Chris Mackay seeks to steady ship after $5.5b in outflows
Magellan Financial Group

Magellan’s Chris Mackay seeks to steady ship after $5.5b in outflows

Magellan co-founder Chris Mackay has vowed not to change the fund manager’s approach to stock-picking after it suffered another $5.5 billion in outflows.

  • byClancy Yeates
Magellan’s Hamish Douglass on the fight of his career as markets turn against him
Hamish Douglass

Magellan’s Hamish Douglass on the fight of his career as markets turn against him

Hamish Douglass lost his billionaire status this year,as investors punished his funds management business Magellan for underperforming the market. Can the man who likes to fast for 16 hours every day turn it around?

  • byAnne Hyland
Investors beware:ASIC hooks a big fish but there’s plenty more in the ocean
Opinion
Opinion

Investors beware:ASIC hooks a big fish but there’s plenty more in the ocean

If you have never heard of James Mawhinney you may have dodged a bullet.

  • byElizabeth Knight
Wild West comes to Wall Street:The mainstreaming of crypto assets is underway
Opinion
Cryptocurrencies

Wild West comes to Wall Street:The mainstreaming of crypto assets is underway

The listing of the first Bitcoin exchange-traded fund is an early step in the process of bringing crypto assets into a more regulated environment.

  • byStephen Bartholomeusz