At the current Magellan Financial Group Ltd (ASX: MFG) share price, the passive income payout is large enough to offer investors a good dividend yield. The company has long maintained a high ...

The chairman of fund manager Magellan said the $75 million spent buying up options linked to one of its share strategies was a sound call that warded off an activist campaign led by Nick Bolton ...

Mr Formica has chaired the former funds management darling for just over a year and has moved quickly since joining Magellan to try to stem its outflow of funds which shrank to $38bn by last month ...

Magellan Asset Management launched the first two Vinva systematic equity funds, flagging a third fund to be made available next month. The launch follows the strategic partnership with Vinva in August ...