Business
Magellan’s top fundie Hamish Douglass names August share picks – Motley Fool Australia
Magellan Financial Group Ltd’s (ASX: MFG) Hamish Douglass has just released which companies his fund managers are buying this August.
Magellan Financial Group Ltd (ASX: MFG) co-founder Hamish Douglass has a reputation as being one of the ASX’s top fund managers. And for good reason too. Magellan has a stellar record of market outperformance that would turn other fund managers green with envy. The company’s flagship Global Fund has returned an average of 15.86% per annum over the past 10 years – outperforming its benchmark by an average of 3.67% per annum.
Needless to say, if Douglass has something to say, most investors are h…
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