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How Hamish Douglass's Magellan beat the market in 2018

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"No one knows exactly what's going to happen," said Hamish Douglass six months ago.

The Magellan Global Fund he oversees was about to post a respectable 21.9 per cent return for the year to July 31, 2018.

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Vesna Poljak is the Companies editor. She was previously the Markets editor with a special interest in the investment industry, hedge funds and accounting. She is based in the Sydney newsroom. Connect with Vesna on Twitter. Email Vesna at vpoljak@afr.com
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com

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    Original URL: https://www.afr.com/markets/how-hamish-douglasss-magellan-beat-the-market-in-2018-20190118-h1a757