Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Magellan shuns turnaround companies

Magellan Financial Group chair Hamish Douglass continues to take a contrarian stance by shunning "turnaround companies", claiming they make it difficult for fund managers to be profitable.

Upgrade your subscription to access this article

And gain access to:
  • All archived news content
  • Access to the Financial Standard app
  • Home page news customisation
  • Financial Standard 's fortnightly newspaper
  • 25% discount on tickets to networking events
And more
Already A Subscriber?

Read more: Hamish DouglassMagellan Financial GroupAlexandra DouglassBrett CairnsMorningstarSt James' Place