HAMISH DOUGLASS
Features
Money Management explores what is needed for a successful fund manager succession plan as a generation of managers approach retirement and how firms can mitigate the risk...
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....
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...
People & Products
Magellan has confirmed two investment leadership changes to its team and changed the portfolio managers of its High Conviction Trust....
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. ...
Funds management
Magellan has confirmed Hamish Douglass will return to the firm in a consultancy role from October 2022....
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....
Editorial
Asset managers are coming to terms with key-man risk as advisers and investors question the succession plans for their teams....
Funds management
Hamish Douglass has resigned from the board of Magellan in light of his continued absence from the firm....
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....
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....
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...