Magellan Financial Group’s new chief executive David George has only been in the hot seat for a month, so Wednesday’s investor call to discuss the company’s earnings for the 2022 year wasn’t supposed to include much detail on his long-term plans.

But what George did say suggested that his vision is pretty simple, really: step one, two and three is to lift the performance of Magellan’s flagship global equity strategy, which currently trails its benchmark over one, three and five years.