magellan

The emergence of omicron has seen plenty of blood in the streets, and the quiet vindication of one of Australia’s most divisive investors. But doomsday has been postponed again. Like him or hate him, Hamish Douglass was (probably) right. Lambasted for the subpar performance of Magellan’s flagship global equity strategy during an incredible bull run…

Magellan will continue to spend big on ventures like upstart investment bank Barrenjoey and fintech Finclear as it diversifies away from its cornerstone global equities business. With investors continuing to question the lacklustre performance of Magellan’s global equities strategy, which has been the focus of (occasionally unfair) media attention for going on a year now,…

A key and enduring theme of the work of the Australian Custodial Services Association is the search for ever-greater efficiency in financial markets. Custodians need always be prepared for the next ‘Uber moment’. The latest such moment came in February last year when Magellan Financial Group launched the first quoted managed fund, on behalf of…

Happy new year, markets fall as gold shines, retailers under pressure, PEXA lists The ASX 200 (ASX: XJO) finished the first day of trading in the new financial year on a weaker footing, losing 0.7% with every sector apart from materials finishing lower. The consumer staples and discretionary sectors were the hardest hit, falling 1.3% and 1.2%…

The well-known fund manager has launched a series of low-cost ETFs which will help further its reach into the retail investor market.