How can investors achieve attractive and reliable portfolio returns in this world of elevated asset prices, falling yields, lingering inflationary threats, and uncertain growth? And what if the cyclical and structural forces dragging yields lower are also weighting on broad economic growth?
At Magellan, we believe that the first step in generating satisfactory portfolio returns in this environment is identifying industries and opportunities benefiting from structural growth - the technological, societal or demographic shifts that are unrelated to cyclical factors.
The second step is identifying and building concentrated portfolios in deeply advantaged and differentiated businesses, purchased at attractive prices, that stand to profit from these enduring growth tailwinds.
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Magellan was formed in 2006 by Hamish Douglass and Chris Mackay, two of Australia’s leading investment professionals. The company specialises in global equity and listed infrastructure assets.
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Important Information: This material has been prepared by Magellan Asset Management Limited (‘Magellan’) for general information purposes and must not be construed as investment advice. This material does not constitute an offer or inducement to engage in an investment activity nor does it form part of any offer or invitation to purchase, sell or subscribe for in interests in any type of investment product or service. This material does not take into account your investment objectives, financial situation or particular needs. You should read and consider any relevant offer documentation applicable to any investment product or service and consider obtaining professional investment advice tailored to your specific circumstances before making any investment decision. This material and the information contained within it may not be reproduced or disclosed, in whole or in part, without the prior written consent of Magellan. Any trademarks, logos, and service marks contained herein may be the registered and unregistered trademarks of their respective owners. Nothing contained herein should be construed as granting by implication, or otherwise, any licence or right to use any trademark displayed without the written permission of the owner.
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Magellan was formed in 2006 by Hamish Douglass and Chris Mackay, two of Australia’s leading investment professionals. The company specialises in global equity and listed infrastructure assets.
Magellan was formed in 2006 by Hamish Douglass and Chris Mackay, two of Australia’s leading investment professionals. The company specialises in global equity and listed infrastructure assets.