Financial Stocks

Why Magellan’s (ASX:MFG) funds under management fell in July

  • August 04, 2022 09:16 AM AEST
  • Ashish
 Why Magellan’s (ASX:MFG) funds under management fell in July

Magellan Financial Group Ltd (ASX:MFG) on Thursday reported a fall in funds under management (FUM) in July

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Australian Unity Office Fund (ASX: AOF)- Declares higher distribution for 1QFY19

Australian Unity Office Fund (ASX: AOF)- Declares higher distribution for 1QFY19

ASX-listed REIT, Australian Unity Office Fund today declared the dividend for FY19 first quarter ended 30 September 2018. The company declared fully unfranked distribution of 3.95 cents per unit for the three-month period 1 July 2018 to 30 September ...

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Aventus Retail Property Fund (ASX: AVN)- Announces Distribution For First Quarter Of FY19

Aventus Retail Property Fund (ASX: AVN)- Announces Distribution For First Quarter Of FY19

After announcing lower FY18 profit last month, Aventus Retail Property Fund (ASX: AVN) declared distribution for the first three months ended in FY19 period to 30 September 2018. The Board of Directors declared 4.09 cents per security with the distri...

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Scottish Pacific Group Limited (ASX: SCO) - Shares Placed In Trading Halt Ahead Of Pending Material Announcement

Scottish Pacific Group Limited (ASX: SCO) - Shares Placed In Trading Halt Ahead Of Pending Material Announcement

Financial services provider Scottish Pacific Group Limited announced the trading halt of its securities. In an application made to Australian Securities Exchange, the company requested the immediate implementation of a trading halt of its listed secu...

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Suncorp Group Ltd Comes Under the Hayne Royal commission’s Scrutiny

Suncorp Group Ltd Comes Under the Hayne Royal commission’s Scrutiny

Grilling by Hayne Royal commission: Suncorp Group Ltd.?s (ASX: SUN) stock fell 0.38% on September 20, 2018 (3:26 PM AEST) with the company expected to be grilled regarding its policy terms, advertising and claims handling in its general insurance div...

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Brickworks Share Prices Declines After The Release Of FY2018 Financial Results.

Brickworks Share Prices Declines After The Release Of FY2018 Financial Results.

On 20 September 2018, Brickworks Limited (ASX: BKW) announced its financial results for the year ended 31 July 2018. The total revenue from operating activities declined by 2.5% from $841.8 million in 2017 to $821.1 million in 2018. The EBIT of the c...

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Washington H. Soul Pattinson & Company Limited (ASX: SOL)- NPAT Squeezed But Dividend Climbed Up

Washington H. Soul Pattinson & Company Limited (ASX: SOL)- NPAT Squeezed But Dividend Climbed Up

Washington H. Soul Pattinson drifter lower on ASX after the company?s net profit after tax (NPAT) dwindled to $266.8 million for the fiscal year 2018. It represents a decline of 20% on prior year, driven by the headwinds from non-regular losses of $6...

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Sino Gas & Energy Holding  – Removal From ASX  Due To The Implementation of an agreement with Lone Star Funds

Sino Gas & Energy Holding – Removal From ASX Due To The Implementation of an agreement with Lone Star Funds

On May 31, 2018, Sino Gas & Energy Holdings Limited (ASX: SEH) made an agreement with Lone Star which states that latter would acquire the entire issued share capital of the former. Only after the successful implementation of the scheme and after...

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Westpac Unveils World’s first Blockchain Procurement related Project Plans

Westpac Unveils World’s first Blockchain Procurement related Project Plans

Westpac Banking Corporation (ASX: WBC) is in the business of providing financial and banking services in Asia pacific region, New Zealand, Asia, Australia and internationally. Westpac is eying to be a global leader in Block chain technology. The comp...

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AMP has been charging dead people for life insurance

AMP has been charging dead people for life insurance

Yes, it may sound bizarre but its true that Insurance company, AMP Limited has been charging insurance premium when there has been no longer a life to insure. Hayne Royal commission heard on Monday, 17 September 2018, that AMP was in practice to char...

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Perpetual Limited Portfolio Takes A Hit as Aged-Care Stocks Tumble

Perpetual Limited Portfolio Takes A Hit as Aged-Care Stocks Tumble

Fund manager Perpetual Ltd.?s (ASX: PPT) stock tumbled 17.57 percent in the past six months as on September 14, 2018, owing to several macro factors, such as regulatory uncertainty and market volatility among others. As per the research, Fund manager...

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