The Board of Magellan Financial Group Limited (ASX: MFG) announced that its Co-Founder Mr. Hamish Douglass will resume working with the business in a new consultancy role. The Company also confirmed the appointment of Mr. David George as CEO and Managing Director of Magellan.
In the new consultancy role, Mr Douglass will provide valuable investment insights, comprising geopolitical as well as macroeconomic views. He will cease to be a permanent member of MFG’s staff on 15 June 2022 and begin the new role from 1 October 2022.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.