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Showing 1 - 10 of 77 results for %22Hamish Douglass%22

Magellan needs more consistent progress: Morningstar

ANDREW MCKEAN  |  MONDAY, 19 FEB 2024
... Magellan is still undergoing a significant transformation and renewal phase, initiated by the departure of co-founder Hamish Douglass in 2022. His exit sparked considerable capital withdrawals and instability within the fund manager; its assets under ...

Hamish Douglass sells $118m in Magellan shares

CASSANDRA BALDINI  |  TUESDAY, 8 NOV 2022
Hamish Douglass has dumped $118.3 million of his Magellan Financial Group shares in a partial sale. Approximately 13 million in shares were sold last night through an after-market block trade at $9.10 per share. Magellan was informed that an entity ...

Magellan FUM drops again

JAMIE WILLIAMSON  |  FRIDAY, 8 JUL 2022
... next year. It also follows an announcement by Magellan that its co-founder and former chief investment officer Hamish Douglass would soon return to the business in an advisory capacity.

Frank Casarotti gives his notice

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
... joined Magellan in 2007 as its general manager of distribution and has been in the role ever since. He was hired by Hamish Douglass and Chris McKay who had founded the group the year before. Prior to that, he had spent more than 15 years working in distribution ...

Hamish Douglass returns to Magellan

CASSANDRA BALDINI  |  THURSDAY, 9 JUN 2022
Hamish Douglass is set to return to Magellan in a consulting capacity from October. In doing so, Douglass is giving up his permanent role, effective June 15. The Magellan board today made the ASX announcement, declaring the return of Douglass who stepped ...

Magellan appoints new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
... battles outflows and recovers from negative commentary around the departure of founder and chief investment officer Hamish Douglass. In its most recent funds under management update, published this week, Magellan reported a further $1.4 billion drop ...

Magellan suffers $1bn in outflows

ELIZABETH MCARTHUR  |  THURSDAY, 7 APR 2022
... UK wealth manager St James's Place yanked a $23 billion mandate from Magellan. The latest outflows come after Hamish Douglass tendered his resignation as a director from the board effective March 19. The board said his resignation is "due solely to his ...

Morningstar bets on active fund managers

KARREN VERGARA  |  MONDAY, 21 MAR 2022
... "Until Magellan Global outperforms its benchmarks again, ongoing institutional redemptions and chief investment officer Hamish Douglass' leave of absence could see more redemptions. This is undeserved in our view, as we believe there is no fundamental ...

Douglass exits Magellan board

KARREN VERGARA  |  MONDAY, 21 MAR 2022
Magellan Financial Group's Hamish Douglass tendered his resignation as a director from the board effective March 19. The board said his resignation is "due solely to his medical leave of absence", which was announced to the ASX on February 7. The ...

Magellan loses $5bn in fortnight

KARREN VERGARA  |  MONDAY, 14 MAR 2022
... December. This was followed by a reshuffle at the executive level. Brett Cairns resigned as chief executive and chair Hamish Douglass took an indefinite leave of absence. The firm's co-founder Chris Mackay stepped in to oversee the portfolio management ...
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