Magellan Financial Group Ltd 2024 AR2
The report highlights Magellan Financial Group's financial and strategic progress for the fiscal year ended 30 June 2024. The company reported a statutory net profit after tax of AUD 238.8 million, up 31% from the previous year, and managed AUD 36.6 billion in funds under management. Key milestones included resolving historical employee share purchase plan loans, establishing a strategic partnership with Vinva Investment Management, and releasing its inaugural Climate Report aligned with TCFD recommendations. Additionally, the company appointed Sophia Rahmani as Managing Director of Magellan Asset Management to support leadership transition.
Company: Magellan Financial Group Ltd
Sector: Financials
Country: Australia
Year: 2024
Type: AR2
Pages: 109
Back to company
Magellan Financial Group Ltd
Annual Report
The report highlights Magellan Financial Group's financial and strategic progress for the fiscal year ended 30 June 2024. The company reported a statutory net profit after tax of AUD 238.8 million, up 31% from the previous year, and managed AUD 36.6 billion in funds under management. Key milestones included resolving historical employee share purchase plan loans, establishing a strategic partnership with Vinva Investment Management, and releasing its inaugural Climate Report aligned with TCFD recommendations. Additionally, the company appointed Sophia Rahmani as Managing Director of Magellan Asset Management to support leadership transition.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees