Australian Securities Exchange-listed Magellan Financial Group (MFG) has lured more staff away from Capital Partners to its infrastructure team.
Australian Securities Exchange-listed Magellan Financial Group (MFG) has lured more staff away from Capital Partners to its infrastructure team.
Senior investment analyst Kris Webster has joined fellow former Capital Partners colleagues Gerald Stack, Alex Hone and Dennis Eager.
Webster, who was at Capital Partners for five years, will work in the Magellan infrastructure team analysing and valuing global listed infrastructure securities.
Magellan Infrastructure Fund portfolio manager Stack said Webster was well known to the team and brought valuable skills to the research process.
The sole operating group of MFG is Magellan Asset Management, which was founded by former UBS Australasia chairman and chief executive Chris Mackay and ex-Deutsche Bank Australasia global banking co-head Hamish Douglass.
In Part 2 of our exclusive series, we ask leading names to nominate their best investments, the most effective industry group and the importance of platforms.
A former colleague of mine once offered the opinion that industry superannuation funds are reconstructed socialists - despite their union influence, these funds have grown and benefited from a global capitalist world.... read more »
Home delivered!
Daily news, weekday mornings
Get the day's news delivered direct to your inbox. Register here (it's free!) and choose 'yes' to receive the InvestorDaily newsletter.
Catholics revamp fixed interest »
Industry superannuation fund the Catholic Superannuation and Retirement Fund (CSRF) has revamped its fixed income portfolio.
Mercer backs alternatives »
Mercer has awarded $34.15 million in mandates to Tactical Global Management (TGM) and Lazard Asset Management to invest in alternative assets.
