Opinion
Magellan shows the dangers of key-person risk
Making Hamish Douglass the face of the firm built it into a giant, but created a problem with succession planning that is now being exposed.
James ThomsonColumnistUpdated
It was almost five years ago that I got a taste of the cult of Hamish.
I’d joined a crowd of 2000 clients, financial advisers and investors at the Melbourne Convention Centre to watch a presentation on global markets by Magellan Financial Group’s co-founder and chief investment officer, Hamish Douglass.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
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