Our aim is to provide thought-provoking investment insights and access to information to help understand where we believe the world's best investment opportunities lie.
Our aim is to provide thought-provoking investment insights and access to information to help understand where we believe the world's best investment opportunities lie.
Ben McVicar, CFA, Portfolio Manager, speaks with Jacinta King, ASX, about the Magellan Infrastructure Fund (ASX:MICH), the impact of higher interest rates on infrastructure assets and how their definition of infrastructure informs their investment decisions. (Listening time: 15 mins)
Railroads provide a basic, but critical role for any developed society – they facilitate the connection between producers and consumers of essential goods and support a large section of the economy. The North American rail industry represents one of the world’s oldest and largest collections of transport infrastructure.
While we tend to think of toll roads as a recent phenomenon, they have been around for thousands of years. Toll roads today are a popular way for cash-strapped governments to raise money and improve the quality of, and reduce the congestion on road networks. Given the huge capital costs (toll roads often cost billions of dollars to build), for most investors the listed market is the only way to gain access to these assets.
Magellan’s Portfolio Managers, Alan Pullen and Elisa Di Marco sit down with Hearts & Minds CIO, Charlie Lanchester. They discuss Magellan’s approach to high conviction investing, how they select top stocks for the HM1 portfolio, and how they avoid short-term noise. (Listening time: 37 mins)
In this episode, Caroline Gurney, CEO of Future Generation, speaks to Nikki Thomas, Portfolio Manager of Magellan Financial Group’s Global Fund. With more than 20 years’ experience in markets, Nikki is recognised for her work in bringing global equities to Australia and prides herself on investing in the world’s best global stocks. In this episode, Nikki shares insights on the recent US reporting season, her market outlook, and optimism about the US market. (Listening time: 29 mins)
For many people, relying on a smart device to help guide us through our daily routine is the norm. Whether it’s a smartphone, smart watch, a tablet or an autonomous vehicle, being connected is essential for functioning in a modern society.
Infrastructure asset prices have been under some pressure this year with high interest rates and other headwinds. Ben McVicar discusses recent relative performance, why it has been challenging and how the team are positioning the portfolio going forward. (Viewing time: 14 mins)
Arvid Streimann discusses recent market volatility and the risks to watch out for, while Nikki Thomas shares her observations from her recent US trip and updates us on how the portfolio is positioned for the evolving investment landscape. (Viewing time: 15 mins)
Global Leader in Alternative Investments. (Reading time: 4 mins)
Scaling to new heights in the cloud. (Reading time: 2 mins)
On track for sustainable growth. (Reading time: 4 mins)
A high-water mark for infrastructure investment. (Reading time: 6 mins)
Magellan's Nikki Thomas provides her thoughts on a handful of all-weather businesses that can generate strong returns throughout the economic cycle and companies that no longer fit that criteria. (Viewing time: 10 mins)
Video insights designed to provide you with concise, relevant and digestible talking points on global markets, each video is approximately 10 minutes.
Global Portfolio Manager Nikki Thomas, CFA chats with Livewire Markets about Nike, Amazon, Visa and provides a stock pick which is set for strong growth over the next decade. (Listening time: 8 mins)
Magellan's Nikki Thomas shares insight into how Magellan's investment process helps filter through thousands of stocks to determine their investment universe. She also provides her high conviction stock pick. (Listening time: 7 mins)
Supporting you every minute of every day. (Reading time: 5 mins)
Today, airports around the world collectively cater for over four billion passengers annually, with growth driven by improvements in technology, the expansion of low-cost carriers and globalisation. For most investors, the listed market is the only way to gain access to airport infrastructure that has underpinned this growth.
Finding quality through the noise and hype
In this year's collection of investment insights on global equities and infrastructure, we share valuable insights and opportunities within the world of global investing. With all the volatility in markets at the moment we explain what we believe really matters in investing and what is noise.
Please complete the quiz below to receive your CPD hours.
Please complete the quiz below to receive your CPD hours.
Please complete the quiz below to receive your CPD hours.
Questions investors are asking about AI. (Reading time: 6 mins)
Designed to provide you with concise, relevant and digestible talking points on global markets, each video is around 10 minutes.
David Costello recently presented at the Portfolio Construction Forum Finology Summit(3 May 2023)
Magellan's Infrastructure Team provide a detailed update and outlook of the global infrastructure sectors and explain how investing in infrastructure can benefit your client’s portfolio in a high interest rate and inflationary world. In times when costs are rising, people still need essential services which means infrastructure stocks can perform well in this environment. (Recorded live: 2 May 2023)
Portfolio Manager Elisa Di Marco explains how Magellan's definition of quality companies and how the quality scores help determine the companies that go into the MFG Core International and MFG Core ESG Fund. (Viewing time: 8 mins)
Portfolio Manager, Elisa Di Marco unpacks why considering ESG in investing is important. ESG risks, like climate change, supply chain labour standards and governance structures are like all business risks, if material, they can impact cash flows. This is Magellan's ESG philosophy, and it's been part of our investment process for over a decade.
Portfolio Manager, Elisa Di Marco, steps through how Magellan's DNA, that is, our definition of quality and assessment of quality, underpins the portfolio construction of Magellan's Core International and Core ESG Funds. (Viewing time: 3 mins)
A leader in innovative and sustainable infrastructure (Reading time: 4 mins)
A quality business going from strength to strength. (Reading time: 4 mins)
Global Portfolio Managers Nikki Thomas, and Arvid Streimann, discuss the unfolding interest rate cycle and the effect it's having on market sentiment and company valuations. They provide an update on the portfolio’s recent performance and its positioning for the current environment. (Viewing time: 15 mins)
Head of Infrastructure, Gerald Stack looks at how the infrastructure sectors have fared over the past quarter, and addresses concerns about high inflation and provides an update on changes to the portfolio and how it is positioned. (Viewing time: 12 mins)
Magellan's Portfolio Manager, Alan Pullen, provides a timely update on the financials sector in light of the recent volatility we've seen with banks in the US and Europe.
Quality is a frequently used term in investing, but from Magellan's experience definition really does matter. Why, because not all company fundamentals are the same. Learn more. (Viewing time: 11 mins)
Did you know Magellan offers research driven, actively managed and competitively priced funds? Watch now to learn more.
Elisa Di Marco recently joined Owen Raszkiewicz on The Australian Investors Podcast to reveal the truth about quality investing, dive deep into the payments industry and illustrate what makes companies like Visa Inc (NYSE: V) and Mastercard Inc (NYSE: MA) true global leaders. (Listening time: 58 mins)
Nearly 40 years after being released, QuickBooks and TurboTax have a long growth runway. (Reading time: 4 mins)
With great power (and scale) comes great responsibility (and opportunity). (Reading time: 4 mins)
The port in a storm: Resilience, inflation protection, and option value. (Reading time: 4 mins)
Magellan's Deputy CIO, Head of Infrastructure and Portfolio Manager, Gerald Stack, mentions the challenges that the Infrastructure portfolio faced in 2022. Gerald describes how the portfolio is positioned now to take advantage of growth trends such as the re-opening of the global economy and the transition to renewable energy. (Viewing time: 17 mins)
Magellan's Portfolio Managers Nikki Thomas, CFA and Arvid Streimann, CFA, discuss how they are viewing the current inflationary environment and chances of a recession. They explain how Magellan's Global Portfolio is positioned to manage these risks and take advantage of thematic investment opportunities.
(Viewing time: 15 mins)
Emma Henderson, Investment Analyst, sits down with Equity Mates to discuss the American quick service restaurant chain, Chipotle. Emma explains why Chipotle has favourable competitive advantages and a long runway for growth. (Listening time: 45 mins)
(Reading time: 4 mins)
David George, and Global Portfolio Managers Nikki Thomas and Arvid Streimann, explain how Magellan’s consistent and prudent approach to investing is steering them through today’s crises.
Designed to provide you with concise, relevant and digestible talking points on global markets, each video is around 10 minutes.
The Netherlands company, with its lithography, is behind the world’s best microchips. (Reading time: 4 mins)
Europe’s energy crisis provides an opportunity for the Italian gas infrastructure giant. As does the renewables push. (Reading time: 3 mins)
Nikki Thomas, CFA, Portfolio Manager, discusses the market's reaction to the volatile macro environment, how Magellan's Global Portfolios are positioned and which quality companies are well placed to deliver growth in the years ahead. (Viewing time: 8 mins)
Gerald Stack and Ofer Karliner, CFA, discuss the recent reporting season, the European energy crisis and provide an outlook for companies in Magellan's Infrastructure Strategy. (Viewing time: 15 mins)
China’s woes could prove to be the global economy’s biggest blow. (Reading time: 7 mins)
An overreliance on vanishing Russian fossil fuels will torment Europe. (Reading time: 6 mins)
A high US dollar exporting inflation, a shrinking US economy and struggles in emerging countries stand out as challenges. (Reading time: 6 mins)
But the clean-energy option will forever risk a catastrophe. (Reading time: 6 mins)
ESG risk management is on the menu. (Reading time: 4 mins)
The Italian tollway and airport group holds such attractive assets it’s being taken private (Reading time: 3 mins)
The world’s biggest distiller benefits from people drinking better, even if they drink less. (Reading time: 4 mins)
In this year’s collection of insights from our investment team and other experts, our global portfolio managers explain why (and how) inflation, inequality, geopolitics and climate change will dominate global economies and markets in the coming 12 months – and how these forces are influencing their investment decisions now. Leon Panetta, the former US Defence Secretary, discusses why the world is at a dangerous and pivotal moment. You’ll also find our annual fund reports, quarterly fund factsheets and much more.
The last two years has seen international travel upended, domestic transport challenged, ‘essential services’ redefined and a growing interest in the role infrastructure can play in decarbonisation. With this backdrop, does the case for investing in global listed infrastructure still stack up? (Viewing time: 82 mins)
The impediments to supply are likely to last and disrupt growth and provoke inflation. (Reading time: 4 mins)
But display ads face privacy and regulatory challenges that reduce their effectiveness. (Reading time: 4 mins)
Any crunch would centre on Italy, have no obvious solution and remind that the euro’s frailties are unaddressed. (Reading time: 6 mins)
A market failure means pharmaceutical companies are failing to address the threat.
Innovation that enhances everyday brands is strengthening the Swiss giant’s moat. (Reading time: 5 mins)
His problem? Monetary policy is ill-suited to fight inflation arising from supply constraints. (Reading time: 6 mins)
InvestorDaily podcast host David Stratford, is joined by Elisa Di Marco, MFG Core ESG Fund Portfolio Manager. In this episode, Elisa explains that companies with ESG aren’t just performing lip-service for better publicity, rather, they are genuinely concerned for proper compliance to globally-proven environmental policies. Elisa also discusses the importance of engagement and management, as well as how ESG policies significantly reduce the element of risk when investing in a company of any scale. (Listening time: 26 mins)
This insulation from rising prices should help protect their share prices. (Reading time: 6 mins)
A loss of autonomy to fight inflation is just one of the dangers. (Reading time: 5 mins)
The first one fizzled. Can asset-selling – aka money destroying – help fight inflation? (Reading time: 5 mins)
Remote work is ensconced. A ‘Great Resignation’ is underway in the US. Neither might last. (Reading time: 5 mins)
Designed to provide you with concise, relevant and digestible talking points on global markets, each video is around 10 minutes.
We provide an update on Magellan’s global strategy and the current macroeconomic landscape, plus a chance to hear from portfolio managers Chris Mackay, Nikki Thomas and Arvid Streimann. (Viewing time: 46 mins)
Webinar recorded: 10 February 2022
The last two years has seen international travel upended, domestic transport challenged, ‘essential services’ redefined and a growing interest in the role infrastructure can play in decarbonisation. With this backdrop, does the case for investing in global listed infrastructure still stack up?
A pioneer of digitalised financial markets that owns the New York Stock Exchange among others. (Reading time: 3 min)
Dom Giuliano, Deputy CIO and Head of ESG at Magellan, provides colour on some promising renewable-energy stocks, the efforts three portfolio companies – Amazon, Eversource Energy and Nestlé – are making to reduce their carbon footprint, and new investment Booking.com. (Viewing time: 11 mins)
Hamish Douglass, Magellan’s CIO, discusses why the less-threatening Omicron variant still comes with inflation implications, why he’s recently invested in two companies exposed to structural growth in global travel and why today’s stock market reminds him of 1999’s. (Viewing time: 23 mins)
Portfolio Manager Ofer Karliner, outlines why listed infrastructure and utilities stocks rallied in the fourth quarter, the likely recovery in airport assets, why high carbon scores can be a misleading guide to ESG risks for infrastructure stocks, and why, even if interest rates rise, the infrastructure portfolios still comes with diversification, inflation protection, capital growth and yield benefits if the universe is defined correctly. (Viewing time: 10 mins)
Somewhere a ceiling exists. Trouble is brewing, especially in the eurozone and emerging countries. (Reading time: 6 mins)
The US electricity and gas company’s strategy is regulated green power. (Reading time: 2 min)
One of the world’s foremost epidemiologists, and a member of President-elect Joe Biden's Transition COVID-19 Advisory Board, Dr Michael Osterholm, talks to Hamish Douglass, Magellan’s Chairman and CIO, about what he calls 'the coming viral blizzard’ and the arrival of the Omicron variant. He has some sobering news for anyone who thinks the pandemic is behind us, warning governments around the world will need to either drastically change their public health policies to deal with what will be an overwhelming situation for hospitals, or consider fresh lockdowns. (Reading time: 5 mins)
Hamish Douglass, Magellan's Chairman and CIO, addresses the challenges the business has faced in recent weeks, as well as providing his insights on current global markets, Magellan’s global investment strategy and the investment team’s market outlook for 2022. (Viewing time: 28 mins)
The touted ‘embodied internet’ might take a while to arrive and could underwhelm, even with Big Tech support. (Reading time: 5 mins)
A cost disadvantage needs to be overcome first. (Reading time: 4 mins)
Ofer Karliner, Portfolio Manager, provides an Infrastructure update, discusses what trends he's seeing in the uptake of global travel and the risks of inflation. (Viewing time: 9 min)
Chris Wheldon, Portfolio Manager, provides an update on Magellan's High Conviction Strategy, discusses the recent news involving Facebook and outlines why he still likes the outlook for Alibaba. (Viewing time: 10 mins)
Broader financial instability can’t be ruled out. (Reading time: 4 mins)
When markets are frothy and a myriad of risks confront investors, it’s likely that real returns could be lower in the coming decade compared with the past one. Hamish Douglass, Magellan’s co-founder and CIO, discusses why such an environment calls for a portfolio that focuses on lower-risk, high-quality global businesses that can earn attractive, compounded returns in tougher times.
Cracking down on cryptocurrencies might ruin the risk-reward calculation for criminals. (Reading time: 5 mins)
The commercialisation of space comes with unknown promise but known risks. (Reading time: 5 mins)
A US electricity and gas utility leading the drive against climate change (and other challenges). (Reading time: 2 min)
Many think the internet giants are too big for society’s good. But even a rethink of competition policy along such lines is unlikely to curb the largest platforms. (Reading time: 4 mins)
It adds up to a big opportunity. (Reading time: 3 mins)
The former deputy director of the CIA discusses the lack of a US policy on China, the threat of a war over Taiwan, Russian ransomware and the world’s biggest threat.
Dom Giuliano, Deputy CIO and Head of ESG, explains the growth in sustainable investing, one way to define the issue, how Magellan has helped companies confront recent social choices and why the election of a more-sustainable-friendly US president doesn’t reduce climate risks.
David Costello, Portfolio Manager, talks investing in Infrastructure with Alec & Bryce from Equity Mates. (Listening time: 51 mins)
The company’s iconic brands extend beyond the world-famous cola drink into snacks. (Reading time: 2 min)
Powering the US Midwest in a greener way. (Reading time: 2 min)
But problems need to be overcome to hasten the switch and cement the climate benefits. (Reading time: 5 min)
Designed to provide you with concise, relevant and digestible talking points on global markets, each video is around 10 minutes.
Is a watershed reengineering of money underway? (Reading time: 4 min)
Domestic production gets priority in a strategy that seeks to boost China's 'soft power'. (Reading time: 4 min)
But efforts to rein in the US-based CDA section 230 protections pose dilemmas that prevent watershed action. (Reading time: 4 min)
Hamish Douglass and Chris Wheldon, Portfolio Managers of Magellan's High Conviction strategy discuss the positioning and composition of the portfolio in the context of Magellan's economic outlook and offer their investment thesis for the streaming giant, Netflix. (Viewing time: 42 mins)
Gerald Stack dissects recent portfolio performance, potential inflation concerns and investment opportunities as global economic re-openings begin to gather pace. (Viewing time: 17 mins)
Enjoying a decent slice of the hugely popular and competitive streaming industry. (Reading time: 2 min)
Might his emergency stimulus revive inflation? (Reading time: 5 min)
Delivering for customers and investors rain, hail or shine. (Reading time: 2 min)
Chris Wheldon, Portfolio Manager of Magellan's High Conviction Strategy, talks to Equity Mates about investing in Asia and thematics you should consider, Chris also discusses current portfolio holdings, Facebook and Tencent. (Viewing time: 16 mins)
Hamish Douglass, Chairman and CIO at Magellan, explains the intricacies around the vaccines for the virus behind the covid-19 illness, warns a mutant variant could appear and tells why that’s just one risk that could catch out investors in 2021. (Reading time: 5 mins)
Hamish explains the intricacies around the covid-19 vaccines, warning a mutant variant could catch investors out in 2021. (Viewing time: 34 mins)
Hamish addresses investor questions on recent performance, portfolio positioning and the risk of inflation. (Viewing time: 29 mins)
Vihari Ross, Head of Core Series, Head of Research and and Chris Demasi from Montaka Global discuss three mega cap stocks; Tesla, Tencent and Microsoft. And provide two stocks that they believe will rain returns for investors over the long term. (Viewing time: 10 mins)
Vihari Ross, Head of Core Series, Head of Research and and Chris Demasi from Montaka Global discuss the the Australian government's legislative attempt to make big tech pay local news publishers for content. How it may impact investors in Facebook and Google, the potential windfall for publishers, as well as whether regulation curbs companies' ability to grow and innovate. (Viewing time: 12 mins)
Vihari Ross, Head of Core Series, Head of Research and and Chris Demasi from Montaka Global Investments discuss global giants Kellogg's, Visa and Spotify and nominate a high-flying stock that they think is over-hyped. (Viewing time: 10 mins)
Public disgruntlement stops Berlin cementing a currency union that helps make the country an export dynamo. (Reading time: 5 min)
Hamish Douglass provides an update on recent performance, what the latest vaccine mutation could mean for markets, discusses Chinese stock Alibaba and outlines what he’s looking for in 2021. (Viewing time: 39 mins)
The campaign for dominance in semiconductors could hurt both countries. (Reading time: 5 min)
Gerald Stack dissects recent performance and changes made to the portfolios, and looks ahead to the opportunities and risks that may present themselves in 2021. (Viewing time: 27 mins)
A Swiss giant reimagining healthcare. (Reading time: 2 min)
The Spanish company that is the world’s biggest airport operator can expect a busier 2021. (Reading time: 2 min)
Designed to provide you with concise, relevant and digestible talking points on global markets, each video is around 10 minutes.
Dom Giuliano, Deputy CIO, Head of ESG & Portfolio Manager, provides an overview of the Magellan sustainable fund. (Viewing time: 16 mins)
Will Japan under Suga try the reflationary option Abe didn’t? (Reading time: 5 min)
The Magellan GLOBAL Listed Infrastructure team lead by Gerald Stack, Magellan's Head of Investments & Infrastructure share their insights on the current state of the global listed infrastructure sector, including the recent performance, outlook, and future opportunities for investors as we move into 2021. (Viewing time: 60 mins)
Magellan's investment team take a deep dive into the tech sector and provide insights on Facebook, Tencent, Alibaba and Ant Financial IPO. (Viewing time: 47 mins)
No option removes the existential threats to the UK stirred by its EU departure. (Reading time: 6 min)
Hamish Douglass chats to Morningstar's Tim Murphy about the market environment including: optimism for a covid-19 vaccine, low interest rates and the success of technology stocks during the pandemic. The pair discuss the US election and how the outcome may affect global markets. (Viewing time: 44 mins)
Hamish Douglass gives his thoughts on the US election, explains a critical assumption driving share markets higher and tells why Chinese tech giants will survive any decoupling with the US. (Viewing time: 60 mins)
As part of the AFA Vision 2020 Conference Magellan's Head of Franchises Rosie Malcolm and Co-Head of Technology Ryan Joyce recently discuss which consumer and tech companies are the best placed to capitalise over the long term on these shifts.
Ultra-loose monetary policy could even be counterproductive for economies. (Reading time: 5 min)
It’s one of the stocks that pop up if you google ‘world’s most valuable companies’. (Reading time: 2 min)
Powering southern and southeastern Australia with an eye on renewables. (Reading time: 2 min)
Any quest to alter the constitutional order would be more proof of how primary contests are destabilising US politics. (Reading time: 6 min)
But any rupture is likely to fall short of the separation the word implies. (Reading time: 8 min)
An electricity utility poised to seize opportunities as Spain turns to renewables. (Reading time: 3 min)
This series is designed to provide you with concise, relevant and digestible talking points on global markets, each in around 10 minutes.
A Managed Fund gives investors access to a portfolio of individually selected companies in one easy transaction.
Diversification is an important concept that can significantly impact the success of your investment journey. While the term might sound complex, its core principle is simple and can help create a robust and resilient investment portfolio.
The Single Unit Fund Structure is a Magellan innovation that enables investors to access an open-ended fund, either off-market via an application form to the Responsible Entity or on-market via an online share trading platform or stockbroker account.
What are quality companies and why does it matter when you are investing?
There are a number of different investment vehicles available in listed or exchange quoted structures either on the ASX or Cboe (formerly Chi-X).
Structurally, Passive ETFs and Active ETFs are similar, but they also have some differences that are important for investors to understand.
What are the similarities and differences in both fund types?
Regulated utilities are known for their ability to generate predictable returns regardless of market conditions.
For this reason, we often describe utility stocks as the ‘lead in the keel’ of our infrastructure portfolios. They allow us to navigate volatile global equity markets with confidence.
Rising US interest rates have caused the infrastructure sector to lag during the quarter.
Here are 11 things to remember when trying to generate competitive returns while protecting capital.
Make sense of the global investment landscape with timely updates, articles and videos from our investment experts.
