Who owns Airlie funds?
Hamish Douglass’ Magellan Financial Group will spend about $140 million buying John Sevior’s Airlie Funds Management and US wealth group Frontier Partners, bringing Australian equities under the Magellan umbrella for the first time.
Who are the biggest fund managers in Australia?
According to the source, the Macquarie Group led the ranking in 2015, with total assets amounting to 355.4 billion U.S. dollars.
Will Vicars Caledonia Investments?
Vicars himself holds a stake in Caledonia, the basis of his estimated wealth. Caledonia recorded a whopping $526m profit for the year to June 30 last year as fees for successful investments in Zillow, Liberty Media, Flutter and Scientific Games flowed in.
What does Magellan invest in?
Magellan offers investors a range of funds under two market-leading strategies: global equities and global listed infrastructure.
Who is Will Vickers?
The chief investment officer of funds management firm Caledonia Investments, Will Vicars, famed for his “high conviction” stock picking for the stars such as the Packer family, has quietly purchased almost $100 million worth of properties, but says he now holds “grave” concerns over potential changes on taxation under …
Who bought out oroton?
Will Vicars
In July 2018, the company was purchased by Will Vicars and re-instated as a private company, with David Kesby appointed as CEO.
Is Magellan a good investment?
Underperformance may be a key reason that investors are pulling out. As an example, over the year to 31 January 2022, the Magellan Global Fund has underperformed its benchmark by 10%. It’s also showing underperformance over the last three, five and seven years.
What has happened to Magellan Global Fund?
On 8 December 2020, Magellan Asset Management Limited completed a restructure of three of its global equities funds that combined the Magellan Global Equities Fund (MGE) and the Magellan Global Trust (MGG) with the Magellan Global Fund.
Who is Airlie Funds Management?
Find out more About Airlie Funds Management Airlie is a specialist Australian equities fund manager which brings together some of Australia’s most experienced industry participants; John Sevior, Matt Williams, and Emma Fisher.
Can I apply for units in an Airlie Fund from outside Australia?
Applications for units in an Airlie Fund from residents outside of Australia and New Zealand may not be accepted. By clicking on the “I Confirm” button below you are confirming that you are a resident of Australia or New Zealand (or that you are acting on behalf of a person who is a resident in one of those jurisdictions).
What Australian equities strategies are available at Airlie?
Airlie currently has two Australian equities strategies: the Airlie Australian Share Fund (ASX: AASF) a retail fund open to new investors. The other, the Airlie Concentrated Fund, which is for wholesale use only and is presently closed to new investors.
Why is Magellan replacing Airlie as fund manager?
Why is this change being made? Airlie is a wholly-owned subsidiary of Magellan. In order to maximise operational efficiencies, Magellan is being appointed as investment manager of the Fund, replacing Airlie. Magellan will also continue to act as Responsible Entity of the Fund.
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