Business
Here are the shares Magellan has been buying recently – Motley Fool Australia
Magellan’s managed funds have been sticking with tech companies like Facebook (NASDAQ: FB) recently. Here’s some more share picks
Magellan Financial Group Ltd(ASX: MFG) is one of the ASX’s most successful fund managers. It has (as of 31 October) just over $103 billion in assets under management, making it one of the largest fundies in Australia as well.
Chief investment officer and co-founder, billionaire Hamish Douglass, is someone that many ASX investors look to for advice and guidance, given the stellar performance of Magellan’s funds. As an example, the unlisted flagship Magellan Global Fund (a managed fund) has returned…
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