Magellan Financial Group

Background
Magellan Asset Management Limited (‘Magellan’) is a Sydney-based investment management firm that oversees A$46 billion* in Global Equity and Listed Infrastructure assets. The company is a wholly owned subsidiary of Magellan Financial Group Limited (ASX Code: MFG) which is listed on the Australian Securities Exchange. It was formed in 2006 by Hamish Douglass and Chris Mackay, two of Australia’s leading investment professionals.
Today, Magellan has 8* offices in Australia, New Zealand and the United States and employs 111* talented people globally (including 36* highly regarded and experienced investment professionals). We aim to be transparent in our dealings so that investors can be assured of our integrity as we continue to establish Magellan as a world-class funds management firm. (*As at 31 December 2016).

Investment Philosophy
Magellan seeks to invest in a portfolio of outstanding global companies – those that we consider to have highly attractive business characteristics at a discount to our assessment of their intrinsic value. Magellan considers high quality companies to be those companies that have sustainable competitive advantages which translate into returns on capital in excess of their cost of capital for a sustained period of time. Magellan’s unique investment approach lies on two principal objectives; to achieve attractive risk-adjusted over the medium to long-term while reducing the risk of permanent capital loss. We believe that an appropriately structured portfolio can provide sufficient diversification to ensure that investors are not overly correlated to any single company, industry-specific or macroeconomic risk.