HAMISH DOUGLASS

People & Products

Chairman and fund manager Hamish Douglass is to take a leave of absence from Magellan Financial Group after a period of “intense pressure”....

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Funds management

The Magellan Global fund’s conservative approach is like being the “designated driver at a wild party” but chairman Hamish Douglass is optimistic this year will be a bett...

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Funds management

The search for a new chief executive at Magellan will begin this month with chair Hamish Douglass denying he will be stepping back into his former role....

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Funds management

Hamish Douglass has confirmed that he and his wife had no plans to sell shares in the company in light of their marriage breakdown....

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People & Products

Magellan Asset Management’s chief executive, Dr Brett Cairns, has stepped down from his role for personal reasons and Kirsten Morton has been appointed as interim CEO....

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Funds management

A reduction in Chinese exposure has led Magellan to make its first investment into Amazon after watching it closely for a long time....

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Funds management

While the Magellan Global fund is over $14 billion in size, the firm is trying to actively diversify its business away from purely global equities....

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Funds management

Magellan has seen its net profit after tax fall 33% in the last financial year but funds under management have risen 9% to pass $100 billion....

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Funds management

Funds should be wary of holding high allocations to Chinese companies as Magellan implements risk controls after being “overconfident” and allowing its Alibaba allocation...

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Funds management

Magellan chair Hamish Douglass has hit out at “arrogant” asset managers who are seeking to control net zero emissions in their portfolios although it could offer a low ca...

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Funds management

Magellan chair and lead portfolio manager, Hamish Douglass, has seen his remuneration increase to $2.73 million, despite significant underperformance by his flagship Mage...

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Outsider

Outsider would never be so unkind as to repeat the rather cruel description of Magellan boss, Hamish Douglass as “the San Pellegrino of Australian funds management” just ...

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Funds management

It is foreseeable that higher bond yields and inflation will put pressure on markets and people will ask if the Fed got it wrong, Magellan chief investment officer, Hamis...

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Funds management

Underperformance of the firm’s global funds has led to performance fees at Magellan declining by 70% in the first half of 2021....

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Funds management

COVID-19 may mutate in a way that reduces the effectiveness of current vaccines and this could set back the market’s recovery, according to Magellan. ...

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