High-profile stockpicker Hamish Douglass, who co-founded and ran Magellan Financial until three years ago, has taken a substantial stake in the country’s largest wholesaler and retailer of motorcycles.
Douglass, through his private companies, has bought 10.45 per cent of MotorCycle Holdings, which carries brands such as Honda, Harley-Davidson and Ducatti.
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Anne Hyland is the Financial Review’s companies editor. She’s a former deputy editor of Good Weekend and Asia correspondent for the AFR. Email Anne at ahyland@afr.com
