Magellan

In October, George revealed the group would retain its cornerstone stake in star-studded investment bank Barrenjoey, despite its renewed focus on its core business of funds management.…

Performance fees for the six months ending December 31 were “not meaningful”, the company said.Magellan funds will pay distributions of $0.3 billion in January which will be reflected in…

“I understand and appreciate your anger. I think for the directors who are sitting here in front of you, we’ve stayed with the company. But the fee bracket that we’ve been working to is…

“I have full confidence in the Magellan investment team including the global equities team led by Nikki and Arvid ,” Douglass said in a statement on Tuesday.You would have to wonder whether…

Dream Vacations 2022 Travel Weekly Magellan Award Winner We’re constantly looking to improve our marketing and…

“This is a much trickier time to be an investor,” he said with reference to higher inflation, de-globalisation and rising geopolitical risks.“That pushes costs around for companies, that…

The fund manager has since announced Douglass will return as a consultant, not an employee.Former Future Fund deputy chief investment officer David George has been appointed as the new chief…

Lonsec’s director of research in Australia, Peter Green, said the retail outflows could also be connected to the departure of Magellan’s star stockpicker Hamish Douglass, who stepped down…

The British director says it was one of the things that drew him to Magellan’s story of circumnavigating the globe The British director says it was one of the things that drew him to…

Thomas is also bullish on payments giants Visa and Mastercard (both key Magellan holdings), saying their revenue, charged as a percentage of transactions, will increase as prices rise. “As…