Chanticleer
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.
Magellan Financial Group sure knows how to throw the market a curveball.
Just a few months after joining as chief executive, David George announced on Monday that he would also be taking on the role of chief investment officer, with co-founder Chris Mackay ending his oversight of the group’s all-important flagship fund. Surprise!
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