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Magellan Financial Group readies for super-sized listed fund

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Magellan Financial Group will mandate more brokers in coming weeks for its latest listed fund, in what is expected to be the largest capital raise for a listed investment company to date.

Following a report in The Australian Financial Review's Street Talk column, the ASX-listed global fund manager confirmed on Tuesday in a statement to the Australian Securities Exchange it is "considering the launch of a new ASX-listed vehicle".

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Jemima Whyte writes on business, specialising in companies, capital markets and innovation. Jemima has reported on business for The Australian Financial Review for more than 13 years. Email Jemima at jemima.whyte@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com

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    Original URL: https://www.afr.com/markets/magellan-financial-group-readies-for-supersized-listed-fund-20170704-gx4e2f