The Magellan Global Fund
Magellan Asset Management (‘Magellan’) is a specialist funds management business based in Sydney, Australia.
Magellan manages global equities and global listed infrastructure strategies for high net worth, retail and institutional investors. The principals, Hamish Douglass and Chris Mackay, are two of Australia’s leading investment professionals. Their long involvement in M&A activity and corporate advisory work has resulted in invaluable experience and expertise in valuing companies, as well as assessing the macro environment and risk management.
The Magellan Global Fund is a quality-focused, long-only unit trust that invests in a concentrated portfolio of global equities. The investment objectives of the Global Fund are to achieve attractive risk-adjusted returns over the medium to long term, while reducing the risk of permanent capital loss.
As of June 30, 2015 the Magellan Global Fund had AUD$7.7 billion in funds under management and a 5 year return of 19.6% p.a. - outperforming its benchmark (MSCI World Net Total Return Index AUD) by 4.3% p.a. Some of its largest holdings were in eBay Inc, Visa Inc, and Yum! Brands.
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