Sort By
  • Newest

  • Newest

  • Oldest

  • Author Name

  • Author Name

  • David Chaplin

  • Drew Meredith

  • Giselle Roux

  • Greg Bright

  • James Dunn

  • Lachlan Maddock

Magellan’s $100 billion man hits the road

Magellan’s ambitious plans to return to the heights it previously occupied are as shaky as ever. There’s hope that the ship might still be righted, but it won’t be David George doing it.

Lachlan Maddock | 25th Oct 2023 | More
Magellan eyes buys, alts on long road back to $100bn

Magellan has flagged acquisitions and the addition of alternatives strategies as part of a five-year plan to reclaim the $100 billion plus heights it last scaled in 2021.

Lachlan Maddock | 17th Feb 2023 | More
David George becomes Magellan’s $100 billion man

This won’t be an environment where a rising tide will lift all boats, according to Magellan’s new CEO. But lifting this one will be a gargantuan task.

Lachlan Maddock | 21st Oct 2022 | More
  • Magellan embraces uncertainty and plays the confidence game

    A new CEO will go part of the way to convincing investors that Magellan can be turned around. But proving to those investors that they need Magellan, not an index, will be harder.

    Lachlan Maddock | 19th Aug 2022 | More
    Magellan goes cold on China as volatility reshapes portfolio

    Magellan has abandoned its long-standing Chinese positions and cast a keen eye over financials as it attempts to weather an environment of more persistent inflation. Magellan has remained in the headlines on a near daily basis, with continued uncertainty around the return of CIO and founder Hamish Douglass, who took medical leave in early February….

    Drew Meredith | 27th Apr 2022 | More
    Listed managers down but not out

    Many listed managers have been dragged back to earth in the recent spate of market volatility, but Morningstar believes some of the strongest names are oversold – and that they’ll soon mount a recovery. It’s the classic path from (somewhat) overhyped to (heavily) oversold. The share price of Magellan has fallen some 74 per cent…

    Lachlan Maddock | 23rd Mar 2022 | More
  • ‘We’ll only be trusted if we deserve to be trusted’: Magellan hunkers down

    Magellan has gone to its investors with a profit beat, a potential share buyback, and a promise that it will no longer be distracted by dalliances outside its core funds management business. Magellan came out swinging at its first results briefing since the surprise departure of Hamish Douglass, announcing an increased dividend, a potential share…

    Lachlan Maddock | 18th Feb 2022 | More
    Douglass departure has silver lining

    Magellan’s funds are unlikely to survive the departure unscathed, but commentators seem to believe the business will be better for the long-term. There seemed to be little sign that Hamish Douglass was in distress last week. He happily talked his book at a Morningstar conference as a horde of retail investors grew increasingly frustrated on…

    Lachlan Maddock | 9th Feb 2022 | More
  • Hamish Douglass is hoping for rain

    An ugly situation in markets could be just the thing Hamish Douglass needs to reverse the fortunes of Magellan. But there’s no telling what will happen when it arrives. Hamish Douglass is hoping for rain – or really, the whole storm. He can’t guarantee that Magellan’s flagship global equities fund will do better in one,…

    Lachlan Maddock | 3rd Feb 2022 | More
    Why fundies ‘fade to mediocrity’

    While some say Aoris is an “early Magellan”, chief investment officer Stephen Arnold has no intention of going down the same path that other Australian fund managers have taken. The problem that lies at the heart of active funds management is well-understood: very few will ever outperform the market over a long timeframe. It’s a…

    Lachlan Maddock | 2nd Feb 2022 | More