Business
Magellan to offer low-cost investment strategies – Sydney Morning Herald
The funds management titan has announced a foray into the passive investment market, as the popularity of exchange traded funds continues to grip the world.
Magellan has typically offered retail clients actively managed portfolios backed by deep research for healthy fees. However, these new funds offering exposure to international, ethical and infrastructure assets will use a hybrid investment approach inspired by passive portfolio construction techniques.
“It leverages the core DNA of our research process into what we believe is a very good offering for those that are fee conscious,” Magellan chief executive Brett Cairns said.
Mr Douglass strongl…
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