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21 December 2021 • By Maja Garaca Djurdjevic • 1 min read

Magellan down but not out, says Morningstar

Morningstar has cut its fair value estimate for narrow-moat Magellan Financial Group by 25 per cent to 38 per share, following the termination of its ...

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Ex-CEO of investment manager declared bankrupt

The Federal Court has ordered that the former CEO and executive director of MFS Investment Management (MFSIM) Pty Ltd be bankrupted. The order was ...

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Government to consult on super co-contribution regulations

The Morrison government is asking for feedback on proposed changes to superannuation co-contribution regulations. The government’s proposal would ...

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2m Australian ETF investors expected in 2022

Hundreds of thousands more Australians are expected to invest in ETFs in the coming year. The local ETF industry is expected to surpass a milestone ...

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New records for global IPO market in 2021

The number and value of IPOs have surged both in Australia and globally this year. The value of IPOs globally reached a record high US$453.3 ...

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Firetrail unveils new global equity fund

The fund will invest in global companies that are set to benefit from positive change. Firetrail Investments has announced the launch of a new ...

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Super returns for 2021 set to exceed 12%

A decade-long streak of positive super returns now looks all but certain. The median growth super fund continued to grow in November with estimated ...

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Magellan loses largest institutional mandate

Funds management giant Magellan has lost its largest institutional mandate. On Monday, Magellan Financial Group saw its market valuation plummet ...

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Inflation set to be the biggest headwind of 2022: deVere

The CEO of deVere has warned investors about the risks posed by inflation in the year ahead. deVere Group CEO Nigel Green has identified inflation ...

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EISS Super to merge with Cbus in 2022

The two super funds have signed a memorandum of understanding. On Friday, Cbus and EISS confirmed they intend to merge in 2022 which Cbus CEO ...

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