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Magellan Taps Vinva for $5.3B Global Equities Shift with Fee Cuts
9:16am on Tuesday 5th of May, 2026 AEST
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Financial Services
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Magellan Taps Vinva for $5.3B Global Equities Shift with Fee Cuts
9:16am on Tuesday 5th of May, 2026 AEST
Key Points
Vinva appointed manager for $5.3B global equities funds
Management fees cut from 1.35% to 0.89%, performance fees removed
Magellan Global Equities Fund (Currency Hedged) to close
Expected $7 million annual cost savings for Magellan
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Magellan Financial (ASX:MFG)
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