HAMISH DOUGLASS

Funds management

The departure of CEO and MD David George is yet another turbulent move for Magellan, coming just weeks after the company celebrated completing its board renewal process. ...

People & Products

Magellan Financial Group’s CEO and managing director, David George, has stepped down from the asset manager, effective today, after just over a year in the role. ...

Funds management

Net profit after tax at Magellan has declined by 52 per cent as it releases its FY22-23 results, its first in a five-year transformation strategy, and makes several peopl...

Funds management

EXCLUSIVE Magellan boss David George has been busy creating a culture of inclusion where fresh investment ideas are generated from the bottom up and meetings are short an...

Funds management

Magellan has seen a modest uptick in funds under management after months of decline following the firm’s commitment to grow to $100 billion....

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Funds management

Improved performance and acquisitions are among Magellan’s priorities as it targets achieving more than $100 billion in the next five years and seeks to be the partner of...

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People & Products

Magellan has confirmed two investment leadership changes to its team and changed the portfolio managers of its High Conviction Trust....

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Funds management

Magellan has seen quarterly net outflows of $5.2 billion in the three months to 30 June, causing total funds under management to fall to $61.3 billion. ...

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Funds management

Magellan has confirmed Hamish Douglass will return to the firm in a consultancy role from October 2022....

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Funds management

Funds under management at Magellan have fallen from $68.6 billion to $65 billion in May, a monthly loss of more than double April’s figure....

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Editorial

Asset managers are coming to terms with key-man risk as advisers and investors question the succession plans for their teams....

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Funds management

Hamish Douglass has resigned from the board of Magellan in light of his continued absence from the firm....

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Funds management

Magellan has hit out at “sheep-like behaviour” causing fund outflows and taken action to maintain liquidity as Hamish Douglass’ return date remains unconfirmed....

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Funds management

Shares in Magellan have risen 16% today after the firm announced a 24% increase in net profit after tax in its half-yearly results....

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Funds management

As Hamish Douglass takes leave from his chairman and chief investment officer roles at Magellan, Money Management explores an eventful period for the firm. ...

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