We are experts in global investing and invest in the world’s best companies to grow and safeguard the wealth of our clients
Who is Magellan
The key question we ask ourselves is: "What does the future look like?"
Magellan was formed in 2006 to generate attractive returns for clients by investing in global equities and global listed infrastructure while minimising the risk of permanent capital loss.
Since then, we have developed a track record for creating and safeguarding wealth for our investors. We have done this by investing in high-quality global stocks that benefited from the rise of the emerging consumer, the coming of the cashless society, the recovery in US housing, the dominance of business software giants and the arrival of digital consumer platforms, to name just some key themes of the past decade. We know that over the next decade different themes will prevail. When investing the key question we ask ourselves is: “What does the future look like?”
Our team of 27*highly qualified and experienced investment professionals manages more than A$34 billion* in global equity and infrastructure strategies for clients based around the world. Our team has received multiple industry awards and is a highly rated fund manager of global equities and global listed infrastructure, in Australia and overseas.
To help meet the needs of our clients, we recently developed sustainable strategies and pioneered a paperless way to invest in active global equities on the ASX. You can do this via our global equities and global infrastructure active exchange-traded funds (Active ETFs).
Magellan was founded in 2006 by Hamish Douglass and Chris Mackay and has offices in Australia, New Zealand and the US. We are a wholly owned subsidiary of Magellan Financial Group, which is one of the top-200 stocks by market value on the ASX.
*As at 31 October 2023.
At Magellan, we believe that successful investing is about finding, and owning for the long term, companies that can generate excess returns on capital for years to come.
We do not look for stocks that might come into short-term favour on stock markets.
The worthwhile companies to own for the long term will generally possess some form of Warren Buffett's fabled 'economic moat'. This term is how Buffett describes a company's sustainable advantage over competitors that enable a business to earn superior returns that are well above the cost of capital. The pick of these high-quality companies can expand their businesses in the same profitable fashion.
We seek to own such stocks and let compound returns work their magic over time. Even a return on capital that is just a few percentage points higher than that delivered by competitors will create vastly more shareholder value as years go by.
Our investment team seeks to find such stocks by conducting company analysis that we like to think is 'an inch wide and a mile deep'.
On top of that, we conduct macroeconomic analysis and risk management to construct portfolios that aim to generate attractive returns over the medium to long term. Importantly, we seek to invest in a way that reduces the risk of permanent capital loss.
Since we started, our award-winning and highly rated global and infrastructure strategies have delivered attractive returns for clients.
Magellan’s Portfolio Managers, Alan Pullen and Elisa Di Marco sit down with Hearts & Minds CIO, Charlie Lanchester. They discuss Magellan’s approach to high conviction investing, how they select top stocks for the HM1 portfolio, and how they avoid short-term noise. (Listening time: 37 mins)
Diversification is an important concept that can significantly impact the success of your investment journey. While the term might sound complex, its core principle is simple and can help create a robust and resilient investment portfolio.
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Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value fluctuate so your investment, when sold, may be worth more or less than the original cost; current performance may be lower or higher than quoted. Investors should be aware of the increased risks associated with investments in foreign/emerging markets securities, high yield securities and smaller companies.
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Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value fluctuate so your investment, when sold, may be worth more or less than the original cost; current performance may be lower or higher than quoted. Investors should be aware of the increased risks associated with investments in foreign/emerging markets securities, high yield securities and smaller companies.
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Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value fluctuate so your investment, when sold, may be worth more or less than the original cost; current performance may be lower or higher than quoted. Investors should be aware of the increased risks associated with investments in foreign/emerging markets securities, high yield securities and smaller companies.
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