The Magellan Global fund

Funds management

Magellan fund conversion adds to $0.7bn August outflows

The conversion of the Magellan Global Fund units has contributed to $0.7 billion in outflows for the fund manager in August....

Funds management

Magellan considers scrapping closed-ended Global option

Magellan is considering a conversion of the closed class units of its Magellan Global Fund into open ones in a bid to narrow its discount to NAV....

Funds management

Magellan Global bets on GenAI trend

Magellan is betting on generative artificial intelligence in its flagship $7 billion Magellan Global Fund as it believes “major progressive evolutions” and heightened inn...

Funds management

Magellan shuns banks amid recession doubts

Magellan has begun positioning its $7.3 billion Global portfolio for a recession, which it believes is a likely scenario this year....

Funds management

Magellan warns of potential ‘black swan’ event

Magellan has warned a black swan event ‘cannot be ruled out’ given the current banking crisis but reassured investors in its $7.2 billion Global fund that it has minimal ...

Funds management

Brexit and the Fed impact Magellan

Magellan Asset Management’s said they have adjusted their portfolios in light of future Fed tightening and would focus on technological investments. ...