Podcasts about hamish douglass

Markets editor Vesna Poljak, senior reporter Jonathan Shapiro and Rear Window columnist Joe Aston explain the rise and fall of billionaire money manager Hamish Douglass and Magellan. Background reading: The rise and fall of Hamish Douglass They came together with dreams of creating a funds management powerhouse. Hamish Douglass made it a reality, and now it's up to Chris Mackay to save it. Day of reckoning for Magellan's Hamish Douglass After a week of turmoil for the fund management group, the market has one question - is Douglass, who has grown this business faster than anyone predicted, still the best man for the job? Magellan reshuffle reignites key man risk David George will be chief executive and chief investment officer of Magellan, replicating the structure in place under Hamish Douglass.  Why billionaire Hamish Douglass loves Maccas The Magellan chairman knows value when he sees it and sometimes, he says, great opportunities are hiding in plain sight. See omnystudio.com/listener for privacy information.

The ASX extended its green run into Tuesday, closing the session up 0.36% buoyed by a surge in utilities and consumer staples stocks, however strong gains were offset by a sharp sell-off in the energy sector amid declining commodity prices with crude oil down 0.5% at US$91.31 per barrel, natural gas down 3.35%, gold down 0.24% at US$1670.66 per ounce and iron ore down 0.56% at US$88.50 per tonne. Ingham's (ASX:ING) shares fell more than 2% today after the poultry provider released its AGM presentation which outlined the challenging business conditions the company continues to face, including feed prices remaining elevated due to ‘tight global supply”. The Lottery Corporation (ASX:TLC) rallied today after the company reported overall group revenues rose 11% over the first four months of FY23. Magellan Financial Group (ASX:MFG) closed flat today after the company's co-founder, Hamish Douglass, sold two-thirds of his shares in the company on Monday night. The share sale comes just days after MFG announced its funds under management increased to $51 billion in October. COP27 kicked off today, where global leaders meet in Glasgow this year for the 2-week long global climate summit which on the summit's opening day has already had the UN warn leaders that the world is speeding down a ‘highway to hell'. The winning stocks for today's session were Mineral Resources (ASX:MIN), Pilbara Minerals (ASX:PLS) and The a2 Milk Company (ASX:A2M). And the losing stocks today were led by James Hardie Industries (ASX:JHX) tanking more than 13.7% after the global building materials company announced first half results including the scrapping of the company's dividend in favour of a share buyback program. Sims (ASX:SGM) lost almost 10% today and New Hope Corporation (ASX:NHC) fell 7.75%.The most traded stocks by Bell Direct clients today were Lake Resources (ASX:LKE), Pilbara Minerals (ASX:PLS) and WA1 Resources (ASX:WA1). In economic data out today, Westpac Consumer Confidence dropped to 78 for November from 83.7 in October as rising interest rates and surging inflation weigh on family finances and the economy. NAB's Business Confidence data for October fell from 5 points in September to 0 in October, amid growing concerns over rising interest rates and an uncertain global outlook. The Australian dollar has strengthened to buy 64.74 US cents, 56.25 British Pence, 94.83 Japanese Yen, and 1 New Zealand Dollar and 9 cents.

Yesterday, our local market started the new trading week with an impressive gain of 1.1%, with all eleven industry sectors closing in the green. The energy sector posted the largest gains, up 2.6%, closed followed by the real estate sector and consumer discretionary sectors, which were both up around 2% each. Looking at the ASX200 leaderboard, one of the best performers was Imugene (ASX:IMU), which lifted nearly 13% yesterday. Also performing well was coal producer New Hope Corporation (ASX:NHC) and real estate investment trust, Ingenia Communities (ASX:INA). Meanwhile, Magellan Financial Group (ASX:MFG) came under pressure, sinking 10% after its co-founder and former Chief Investment Officer, Hamish Douglass had been offloading a significant quantity of his shares in MMG. The most traded stocks by Bell Direct clients yesterday were the BetaShares Geared Australian Equity Hedge Fund (ASX:GEAR), BHP Group (ASX:BHP) and the Vanguard Australian Shares ETF (ASX:VAS). Wall Street was closed for the Independence Day holiday but in Europe the DAX fell 0.3% and the FTSE rose 0.9%, and US futures are pointing to declines tonight.What to watch today:The Australian share market is set to open flat, going by the SPI futures.Economic news wise, for the third month in a row, the RBA is all but certain to lift interest rates, with the majority of economists believing a 50 basis point increase is locked in, which would take the official cash rate to 1.35%. Stay tuned for this announcement at 2:30pm AEST. Moving to commodities, the WTI crude oil price is trading 2% higher at US$110 a barrel, as supply concerns boosted prices despite fears that a recession is looming. Gold is trading flat at US$1,809 an ounce. And the spot iron ore price trades 3.7% lower at US118 a tonne.If you hold National Australia Bank (ASX:NAB), Incitec Pivot (ASX:IPL) or CIMIC Group (ASX:CIM), you will receive your dividend payment today.Ardent Leisure Group (ASX:ALG), and Clime Capital (ASX:CAM) are set to go ex-dividend today. Trading Ideas:Citi have maintained its Buy rating on Australia's global shipbuilder, Austal (ASX:ASB) with an increased price target from $2.35 to $2.91. At its current share price of $2.38, this implies 22%. share price growth in a yearTrading Central has a bullish signal on Immutep (ASX:IMM) indicating that the stock price may rise from the close of $0.32 to the range of $0.44 - $0.46 in the next 21 days according to standard principals of technical analysis.  

Hamish Douglass resigns from Magellan board; Russia spiralling towards $210b default nightmare; “Asset Manager Capitalism”; Copper is a buy; GRR is now a Star Stock; MQG is back on the buy list; pulled pork on MQG; petrol and EVs; Buy Now or Later; how quickly Tony sells; are we crazy to be selling commodity stocks at all time highs?; IMA corporate action; understanding "right of use" assets; should we take industry sector into account?; sell line for MAD.

The local market started the new trading week with a small loss of 0.2%, breaking its three-day winning streak from last week. Sectors wise, the market was mixed, with the industrials and healthcare sectors declining the most, both falling over 1%, while the tech sector managed to post a gain of 2.5%. Block (ASX:SQ2) was the session's best performer, lifting a massive 9.2%, following another strong session for the company's US listed shares. Family safety app, Life360 (ASX:360) also performed well, gaining 6.4% and EML Payments (ASX:EML) jumped 6.1%. On the flipside, Western Australian gold explorer, De Grey Mining (ASX:DEG) led the losses, down 7.7%, and Magellan Financial Group (ASX:MFG) also fell after its co-founder Hamish Douglass resigned as an independent director, more than a month after he took medical leave. The most traded stocks by Bell Direct clients yesterday included Core Lithium (ASX:CXO), REA Group (ASX:REA) and Northern Star Resources (ASX:NST).As at the time of recording, all three US benchmarks are in the red, and this follows Federal Reserve Chair Jerome Powell stating that inflation is too high and his commitment to taking the “necessary steps” to bring prices under control. Separately, Boeing has fallen more than 3% after a China Eastern Airlines Boeing 737 passenger plane crashed.What to watch today:The futures as at 7am AEDT, are suggesting that the Aussie share market is set to open 1.1% higher this morning.  In commodities, the oil price has jumped more than 7% after European nations considered joining the US in a Russian oil embargo. The WTI crude oil price is currently trading at US$112 a barrel.The gold price is trading higher following further escalations in Ukraine, which have boosted the safe-haven's demand. The nickel price is down nearly 12%. Russia is the world's third-largest nickel producer, and the current Russia/Ukraine war has sparked supply fears. The spot iron ore price is currently trading 2.5% higher at US$145 a tonne.Toll road operator, Atlas Arteria (ASX:ALX), Emeco Holdings (ASX:EHL) and health supplements company, Blackmores (ASX:BKL) are set to go ex-dividend today. Trading Ideas:Bell Potter have maintained its BUY rating on Technology One (ASX:TNE) with a price target of $14 (previously $15). TNE closed about 1% lower yesterday to $11.11, which implies about 26% share price growth in a year. Trading Central has a bullish signal on Galan Lithium (ASX:GLN), indicating that the stock price may rise from the close of $1.54 to the range of $1.75 - $1.81 in the next 21 days according to standard principals of technical analysis. 

The market opened well and traded in a sea of green, but as the oil price rose and US futures fell (and no prime rate cut from China) the red started to creep back in across the screens. Tech led early gains as aggressive front-end rate hikes ironically drag down long-end yields, in turn boosting growth stocks. Block jumped 9%, and the info tech sector ended 2.5% higher. CSL dragged down the healthcare sector, while the entire gold complex closed lower. The wooden spoon went to De Grey Mining as gold lost its luster, closing down over 7%. Magellan Financial was hit as Hamish Douglass stepped away from the board. If investors love central bank-speak there are around 30 opportunities to tune in, otherwise it's a quiet one for market leads. No wonder the S&P/ASX200 closed slightly lower on the day down 0.2%.Our top 3 VODS:Three lithium stocks as a rising tide lifts all boats"Closer to four than two"The jury's still out on China See acast.com/privacy for privacy and opt-out information.

Company news dropped like hailstones well before the open. Graincorp was the only game in town until the Prime Minister threw open the borders to vaccinated travellers and travel stocks clamoured higher in the last hour of trade. Graincorp closed up nearly 13% thanks to a strong harvest and freight management, followed by travel besties Flight Centre and Corporate Travel adding 7-8% Elders added 5% on agricultural contagion while Iluka popped on its win against its shareholder class action. While the markets embraced Westpac last week, ANZ's more opaque update saw its share price hammered to a one-year low. Magellan's woes keep on coming, this time closing down over 10% on further fund outflows and Hamish Douglass stepping down for health reasons. This is despite co-founder Chris Mackay still steering the wheel. The China reopening trade was a fizzer, and so the S&P/ASX200 closed down 9 points or 0.13%. Our top three VODs:Three stocks for a rising oil priceThe travel stock Adam sold hours too earlyOreana: Asian equities the place to be as central banks come to grips with inflation See acast.com/privacy for privacy and opt-out information.

Yesterday, the Aussie share market posted a small loss of 0.13%, in what was a choppy session. ANZ reported worse-than-expected first quarter margins, which saw its share price decline nearly 2% and the Australian government announced that our international COVID-19 border closures would end on February 21. Looking at the sector performances, the energy sector outperformed, up 1.6%, benefitting from the recent gains in both oil and gas commodity prices, while the healthcare sector led the losses, down 1.3%.GrainCorp (ASX:GNC) led the way, rising an impressive 12.3%, after revealing that it's expecting a favourable outlook for financial year 2022. And travel stocks were back on top following the government's announcement that Australians would be welcoming back international travellers later this month. Flight Centre (ASX:FLT), Corporate Travel Management (ASX:CTD), Webjet (ASX:WEB) and Qantas (ASX:QAN) all gained more than 4%. Meanwhile, Magellan Financial Group (ASX:MFG) declined 11%, after it was announced that its director and chairman, Hamish Douglass would be taking a leave of absence.The most traded stock by Bell Direct clients yesterday, was iron ore miner Champion Iron (ASX:CIA). Its share price fall may have been because the company traded ex-dividend yesterday. As a reminder, a company's share price typically drops by the amount of the dividend paid to reflect the fact that new shareholders are not entitled to that payment.In the US, both the S&P500 and Nasdaq started the week on a negative note as quarterly results continued to be a source of volatility, and as investors await key US inflation data on Thursday. The Dow closed flat, the S&P500 down 0.37% and the Nasdaq also down 0.58%. And Facebook-parent Meta shares have fallen another 5%, continuing its post-earnings slide. Today, following the negative session over on Wall Street, the futures are suggesting the Aussie share market will open 0.16% lower this morning. What to watch today:In economic news, business confidence data for January will be released this morning, which will provide further detail on how business confidence is holding up during the Omicron outbreak. Trading Economics expects today's reading for January to come in at -14.  Suncorp (ASX:SUN) will be on watch today as the company is set to release its half-year results. Bell Potter currently has a BUY rating on the stock and is expecting NPAT to come in at $267.6m. While consensus is expecting a more modest NPAT of $290.5m.  Also reporting results today is Shopping Centres Australasia Property Group (ASX:SCP), G.U.D Holdings (ASX:GUD) and Charter Hall Long Wale REIT (ASX:CLW). Keep an eye on Macquarie Group (ASX:MQG) as the company will be releasing its operational briefing today which will include an update on the investment bank's performance during the third quarter of financial year 2022. In commodities, the oil price fell following signs of progress in the US-Iran nuclear talks. The WTI crude oil price dropped nearly 1% to US$91.51 a barrel. On the flip side, the gold price climbed to a more than one-week high, as inflation risks boost the safe-haven's appeal. And the seaborne iron ore price is trading 3.2% higher to US$150 a tonne. Trading Ideas: Bell Potter has upgraded its rating on software company Altium (ASX:ALU) from a HOLD to a BUY, and have decreased its price target by 11% to $40. Bell Potter believe potential catalysts for the stock include 1) a strong first-half financial year 2022 result, 2) an upgrade in its financial year 2022 guidance and 3) a renewed and increased takeover offer from Autodesk. Now ALU last closed at $34.50, so that implies about 16% share price growth in a year.Trading Central has a bullish signal on Insurance Australia Group (ASX:IAG). This signal indicates that th

One of Australia's best known fund managers Hamish Douglass of Magellan is having a torrid time at the moment, it would be easy to pile on, but we're looking at it from a different angle. Underperformance is an uncomfortable topic and switching managers raises many questions for financial advisers and their clients.LinksS&P Index vs Active The Cost of Parental Bereavement & Mutual Fund ManagersLimited Attention, Marital Events & Hedge FundsDay of reckoning for Magellan's Hamish Douglass Hosted on Acast. See acast.com/privacy for more information.

In this episode, one of the world's foremost epidemiologists, and a member of President-elect Joe Biden's Transition COVID-19 Advisory Board, Dr Michael Osterholm, talks to Hamish Douglass, Magellan's Chairman and CIO, about what he calls 'the coming viral blizzard' and the arrival of the Omicron variant. He has some sobering news for anyone who thinks the pandemic is behind us, warning governments around the world will need to either drastically change their public health policies to deal with what will be an overwhelming situation for hospitals, or consider fresh lockdowns.

Our second episode taking stock of fund managers and their top picks looks at some of Australia's biggest funds by size. We take a look at Orbis Global Equity Fund, Platinum International and T Rowe Price Global Equity. We stack them up against our Morningstar analysts, and see if they agree with where these managers have taken their biggest bets.  We also check in on our original trio and their top holdings - Ark's Cathie Wood, Magellan's Hamish Douglass, and Morningstar's Australian Fund Manager of the Year, Hyperion Asset Management. For any comments, questions or feedback please email mark.lamonica1@morningstar.comAdditional resources from our episodes are available via our website: https://www.morningstar.com.au/learn/article/investing-compass-resources/214638

In the special 100th episode of Inside The Rope, David is joined by Hamish Douglass of Magellan. Throughout the episode, Hamish references some of the world's greatest investors such as Warren Buffet, Benjamin Graham, Phil Fisher and Peter Lynch and discusses the impact these legends have had on Hamish's own approach to investing. Hamish highlights some of the key behaviours that lead some investors to be successful and offers thoughts on how we can leverage these behaviours throughout our own investing to achieve better outcomes. David and Hamish additionally discuss Hamish's stance on cryptocurrencies, and reflect on Hamish's previous prediction that it is inevitable Bitcoin will go to zero. Lastly, Hamish shares his current view on the COVID-19 pandemic, as well as his thoughts on the potential impact of inflation on financial markets. Hamish Douglass is Co-Founder, Chairman and Chief Investment Officer of Magellan Financial Group, and Lead Portfolio Manager of Magellan's Global Equity strategies. Hamish is a former member of the Australian government's Financial Literacy Board, the Australian government's Takeovers Panel, the Australian government's Foreign Investment Review Board and the Forum of Young Global Leaders – World Economic Forum. Hamish is a Director of the Victor Chang Cardiac Research Institute.

“We don't go online anymore. We exist there”. This is a phrase used by Jay Brown, CEO of Crown Castle America's largest provider of communications infrastructure. In this episode, Jay talks with Magellan's Chairman and CIO, Hamish Douglass, about the evolution of this extraordinary business which delivers ever-expanding 4- and 5-G data networks to customers across the United States. We'll hear about a business model which Jay Brown describes as one of the best business models he's ever seen; and how, through asset acquisition and lease-back, the company provides win-win solutions for operators, customers and shareholders alike. Now, from macro communications towers to small cell networks, we'll find out how Crown Castle continues to further penetrate the American market and its insatiable appetite for all things data and connectivity.

Hamish Douglass is joined by Michael Morrell, former Deputy Director of the CIA, and Ticky Fullerton, the Australian Newspaper's Business Editor at Large, who hosts this month's discussion on how to approach investing in China during these times of heightened geo-political tensions. Can the US rely on its allies as tensions increase? Could there be extended bans on US nationals investing in China by the Biden administration? Also under discussion, cybercrime and crypto-currency; the regulation of big tech in the US and what keeps them up at night. 

In 2017, Mark Schneider left a leading role in healthcare to become CEO of Nestle, the world's largest food company with over 150 year old history in providing nutritional products to markets around the globe. Mark was Nestle's first “outsider” CEO in almost a century, and in just four years, he's overseen new strategic directions for the company, with a major acquisition agenda underway as he re-shapes this extraordinary consumer goods business towards a healthier future for all – all while tackling a global pandemic, and the big issues of climate change and corporate environmental responsibility. In this episode, Mark joins Hamish Douglass, Magellan's Chairman and Chief Investment officer, to discuss new strategic directions for the company as it takes on a leading role in global health and wellness.

In 2006, after a stellar career as a financier and economist in the US, Kevin Warsh was elevated to the highest level of banking globally when he was appointed to the US Federal Reserve Board. Within two years, the world was plunged into a global financial crisis. Now, 12 years on, another global crisis has been triggered by COVID. Kevin shares his remarkable insights into the role of central banks during times of financial turmoil, and the significant knock-on effect for investors, with Magellan’s Chairman and Chief Investment Officer, Hamish Douglass.

Peter Switzer speaks to Magellan co-founder, chairman, and CIO Hamish Douglass, Treasurer Josh Frydenberg and WCM portfolio manager and co-CEO Kurt Winrich in this special episode from the Switzer Investor Strategy Day conference.

With a market cap of over $200bn, Novartis is one of the largest pharmaceutical companies in the world and a leader in developing trusted innovative therapies to improve and prolong people’s lives. Under the visionary leadership of CEO Vas Narasimhan, Novartis has achieved extraordinary breakthroughs in gene, cell and other transformative therapies. Vas Narasimhan, discusses these key developments, and their implications with Magellan’s Chairman and Chief Investment Officer, Hamish Douglass.

The Covid-19 pandemic is accelerating pre-existing consumer trends and transforming the ways in which people behave across many spheres of live. Consumer goods companies are watching communities closely, and adjusting their medium-term strategies accordingly. Over the longer-term, the new world winners will be those businesses which focus on culture and purpose, and which aspire to make a positive difference. - Hamish Douglass & Laxman Narasimhan. Earn 0.75 CE/CPD hrs on Portfolio Construction Forum

For the 100th episode of The Switzer Show, Peter Switzer and Paul Rickard are joined by Magellan's Hamish Douglass, Dr Ross Walker and AMP Capital's Shane Oliver.

In this episode, Hamish Douglass from Magellan​​ joins us to discuss the outlook of the global financial markets, including the impact of a global economic slowdown, potential geopolitical risks and tips for investors to navigate the current market volatility.

Magellan Chairman, Co-Founder and CIO Hamish Douglass, discusses everything from the trade dispute with China, right the way through to the Magellan investing 'secret sauce'. Hear it straight from the helm, how despite achieving extraordinary levels of success, Magellan maintains a humble culture and investing mindset.

After two years on the air, The Rules of Investing marks its 50th episode with a very special guest; Hamish Douglass, co-founder, Chairman, Chief Investment Officer, and Lead Portfolio Manager of Magellan Asset Management. In this exclusive, in-depth interview, Hamish opens up about several topics that he rarely discusses. We hear about the first investment he ever made, how he invested his entire personal wealth in a single asset (and why it was so successful), and some of the challenges he faced in the early years of Magellan. He also discusses what it would take to see a pick-up in inflation and how likely he thinks that scenario is, why he's confident owning US-listed Chinese mainland companies, and the big investment trends he expects to succeed and fizzle out over the coming decade. Tune in below for this special episode.

Hamish Douglass is the Co-Founder and Chief Investment Officer for Magellan Financial Group, one of Australia's most successful funds management businesses. Take Owen's investing valuation course (FREE): https://www.rask.com.au/sign-up-investor SHOW NOTES: https://www.rask.com.au/podcasts/australian-investor-podcast/ This podcast contains factual/general information only. It is NOT financial advice of any kind. That means the information does not take into account your objectives, financial situation or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you're confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser or financial adviser.

In late December of 2018, I received an email that caught me by surprise. It came from someone I'd never met with an unexpected proposition. The concept was to kick off 2019 with a constructive discussion between the Chief Investment Officers of Platinum Asset Management and Magellan Financial Group. I say ‘unexpected' because the two firms are often viewed as rivals in the Australian funds management industry. In reality, many investors consider the strategies as complementary, and as we learn in the first instalment of a two-part discussion, they even share some common ground on where they are investing. Tune in as we take you inside the minds of Andrew Clifford and Hamish Douglass to explore their investment philosophies and discuss the challenges and opportunities that lie ahead.