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Magellan Flagship Fund offers global opportunities
The Magellan Flagship Fund (ASX: MFF) recorded an investment return of approximately 35% for the year to June 30 2013 and achieved a net profit after tax of $80.8 million for the financial year.
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Magellan Financial Group Ltd lifts on positive news: Should you buy?
Magellan also operates an ASX-listed fund the Magellan Flagship Fund Limited (ASX: MFF), which has delivered impressive returns in recent years.
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Bill Gross Leaves Pimco for Janus
Legendary bond investor Bill Gross has left Pacific Investment Management Co., the firm he founded in 1971, following a year of heavy outflows from his flagship bond fund and a fight with his former chief executive and heir apparent. Pimco, a unit of ...
Bond market asks if Gross will turn out to be a fox or a hedgehog  Financial Times
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UBS's John Fraser to Head Australia's Treasury as Budget Worsens
�John is an excellent executive and was a role model for the Australian UBS business,� Chris Mackay, portfolio manager of Magellan Flagship Fund Ltd. and a former head of UBS's Australia unit, said in an e-mail before the announcement. �John's ...
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Bill Gross' Former Fund: Too Big to Succeed?
Whatever the truth behind the supposed soap opera played out in Newport Beach, Calif., the facts are the flagship Pimco Total Return Fund (ticker: PTTAX ) had suffered serious outflows that shrank assets by $92 billion, including some $23.5 billion in ...
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Pittsburgh ad agency closing after losing Highmark account
The largest advertising account remaining on Mullen Pittsburgh's roster is probably First Commonwealth Financial Corp., which it retained after a 2013 review.
US oil tanks barely one-third full beckon crude contango play
Others will be trying to lease more, likely driving up rates to the benefit of big owners such as Canada's Enbridge Inc, Magellan Midstream and NuStar Energy. Almost 40 percent of total tank farm capacity was leased to third parties as of last ...
Reinventing Jeff Vinik: From Wall Street to hockey to real estate
... the mutual fund consulting firm in Chicago, are so dazzled by Jeff Vinik that they call him ''Amazin' Jeff.
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Looking for production cuts? Try lead not copper: Andy Home
The first casualties of lower prices are always the "halt and the lame", small-scale operators with high costs, limited cash reserves and existing operational negatives. If you're looking for a really significant casualty of lower prices, take a look ...
UPDATE 1-Tanker grounded off Nigeria may siphon LNG to break free
Jan 13 (Reuters) - A fully loaded liquefied natural gas (LNG) tanker grounded off Nigeria last week may siphon its cargo to another ship after tugs failed to pull it free, owner Teekay LNG Partners said on Tuesday.