Can a Future Fund veteran restore Magellan's fortunes? - The Australian Financial Review


8/17/2022 12:00:00 AM2 years 8 months ago
by Jonathan Shapiro

New CEO David George says he’s seen enough top-class fund managers at the Future Fund to be able to spot one. Whether he can create one is an enormous challenge.

As George himself alluded, the problem at Magellan is simple enough to diagnose: bad investment performance. The global funds returns had not been up to scratch, and amid management chaos, investors… [+3170 chars]

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