Hamish Douglass
Updated
Investing
‘He is no longer running Magellan’: Hamish Douglass to return as a consultant
The embattled fund management firm says its co-founder and former star investor will resume working with the business in a consultancy role.
- by Simone Fox Koob
Latest
Opinion
Executive shake-up
Douglass’ Magellan comeback: It’s triangle, not lead guitar
The market may be treating the return of the former rock star investor Hamish Douglass to the Magellan stage as a comeback of Mariah Carey proportions. The reality is somewhat different.
- by Elizabeth Knight
Magellan shares slump as funds under management slip further
The ailing investment manager’s latest update showed its funds under management had dropped by $3.6 billion in the last month, with the company slipping off the ASX 100 index.
- by Simone Fox Koob
Magellan’s Hamish Douglass sells family’s $30m Double Bay estate
Hamish Douglass didn’t make the cut of billionaires in this year’s Rich List 200, but he did OK on his family’s long-held Double Bay house on Thursday night when it sold for about $30 million.
- by Lucy Macken
Opinion
Investing
Magellan’s extreme makeover: ditch the rock star, bring in the cardigan
With each major announcement made by Magellan the imprimatur of Hamish Douglass further fades.
- by Elizabeth Knight
Magellan still ‘stuck in the middle’ despite share spike
Magellan’s shares have jumped over 12 per cent after it reported funds under management had increased, after months of sharp outflows.
- by Charlotte Grieve
Opinion
Opinion
Investors smell uncertainty as Douglass resigns from Magellan board
Hamish Douglass’ aversion to the limelight is understandable given he has now experienced the negative aspects of fame.
- by Elizabeth Knight
Opinion
Opinion
Shades of red: Magellan bleeds funds, shares fall further
Magellan’s problems are in a league of their own. In the space of six months its funds under management have dived by 40 per cent.
- by Elizabeth Knight
Magellan’s Chris Mackay seeks to steady ship after $5.5b in outflows
Magellan co-founder Chris Mackay has vowed not to change the fund manager’s approach to stock-picking after it suffered another $5.5 billion in outflows.
- by Clancy Yeates
Magellan shares bounce despite broker jitters
The fund manager’s shares were up as much as 6 per cent to $17.41 despite UBS analyst Shreyas Patel putting a ‘sell’ rating and a $17 target price on the stock.
- by Colin Kruger
Magellan board, execs stung by equity loans as shares sink
Magellan’s high-profile board and executives have shared investors’ pain over the share price collapse as they hold more than $15 million in loans used to acquire shares at vastly higher prices.
- by Colin Kruger