MFG · Magellan Financial Group Ltd

Description

Magellan Financial Group Ltd. engages in the provision of funds management services. It operates through the following segments: Investment Management, Partnerships and Investments, and Corporate. The Investment Management segment provides investment management services to wholesale and retail investors in Australia and New Zealand, and to institutional investors globally. The Partnerships and Investments segment comprises the Group's direct investment in certain Magellan Funds, a portfolio of listed Australian and international equities and selective investments in unlisted Australian businesses in which the Group has a strategic interest. The Corporate segment focuses on treasury management activities, corporate development and strategy activities, and the costs associated with governance and corporate management. The company was founded by Hamish Macquarie Douglass and Christopher John Mackay on March 19, 2004 and is headquartered in Sydney, Australia.