‘In The Know’ - a monthly podcast from Magellan is worth investing your time in! Magellan - Experts in global investing.
Green Horizons: Discover the innovative sustainability strategies of Nestlé and Lowe's
Sound environmental, social, and governance principles (ESG) — are crucial for ongoing sustainability and risk management, as well as the growing need to meet community and environmental expectations.
In this episode of Magellan in the Know, we relook at highlights from two companies with long and proud ESG credentials. Firstly, the Global Head of Public Affairs for Nestlé, Rob Cameron, describes how Nestlé is leading its supply chain to embrace regenerative agriculture, recycling, packaging innovation and human rights. Followed by Chris Cassell, the Vice President of Corporate Sustainability at Lowe’s Home Improvement — the massive US equivalent of Australia’s Bunnings — who talks about Lowe’s commitment to sustainability and why it makes good business sense — from its supply chains to its customers.
Listen to the full episodes here:
Cultivating change – Nestlé’s leading approach on sustainability and creating shared value.
Building the future - drilling into sustainability at Lowe’s
1/29/2024 • 33 minutes, 41 seconds
Insights from the US: An update on the Impacts of GLP-1 on healthcare systems.
In this special 15 minute episode of Magellan In The Know, Portfolio Manager Nikki Thomas is joined by Investment Analyst Wilson Nghe, providing an update on GLP-1 following our recent episode on the weight loss wonder drug. Recently returned from the US, Wilson spoke with commercial players and policy makers on how they will approach reimbursements, which could be one of the biggest drivers to accelerate demand. They also discuss the future of care delivery in the US healthcare system.
Listen below to the full episode
Ep. 40 The weight loss drug shaping-up as a gamechanger
12/19/2023 • 15 minutes, 19 seconds
Pipelines to prosperity: the dependability of infrastructure investment
In this episode of Magellan In The Know, we revisit highlights of two of the most impressive and important of our infrastructure investments: American Water Works, the largest publicly traded US water and waste water utility company, and North America’s premier energy infrastructure company, Sempra. Magellan Portfolio Manager Jowell Amores speaks with American Water’s President and CEO, Susan Hardwick, and Sempra Chairman and CEO Jeff Martin, in an insightful discussion about their strategies for providing attractive and consistent returns.
Listen below to the full interviews with American Water’s President and CEO, Susan Hardwick and Sempra Chairman and CEO Jeff Martin
Ep 32: American Water - a pipeline to dependable returns
Ep 38: Energising the Future: Sempra’s Innovative Infrastructure Journey
12/18/2023 • 36 minutes, 35 seconds
The weight loss drug shaping-up as a gamechanger
The world is awash with news that a drug designed to treat type 2 diabetes has also been approved to help achieve weight loss. Glucagon-like peptide 1 — or GLP-1 — is considered by some as a wonder drug and a new weapon in the public health battle against obesity. But what are the wider implications for the investment world? In this episode of Magellan In The Know, Portfolio Manager Nikki Thomas is joined by three Magellan Investment Analysts: Emma Henderson, Wilson Nghe and Tracey Wahlberg. Together they discuss the investment landscape surrounding GLP-1, looking at the pitfalls and potential financial benefits for sectors from healthcare, food retailing and restaurants to fashion, exploring which parts of the consumption landscape could be winners or losers.
11/27/2023 • 42 minutes, 20 seconds
How should investors think about Israel and decision making?
How should investors think about recent events in Israel, and what impact does this have on Ukraine and Taiwan? In this fascinating episode of Magellan In The Know, former Acting Director of the Central Intelligence Agency, Michael Morell talks about the potential impact on markets with Magellan Portfolio Manager and Head of Macro, Arvid Streimann. They also discuss how investment and national security professionals make decisions when facing uncertainty.
10/31/2023 • 47 minutes, 55 seconds
Energising the Future: Sempra’s Innovative Infrastructure Journey
A country boy who studied at West Point to become a US Army helicopter pilot, Sempra chairman and CEO Jeff Martin now commands a Fortune 500 company with US$79 billion of energy infrastructure assets. By developing a hyper-aligned, high-performing culture to capitalise on some of the fastest growing economies, he has led Sempra to become North America’s premier energy infrastructure company. In this episode of Magellan in the Know, Portfolio Manager Jowell Amores discusses Jeff Martin’s personal journey it’s imprints on Sempra’s culture, and how he’s developed this major company into an investment with bond-like stability and tremendous compounding growth. Jeff Martin offers profound insights into why Sempra is not just an energy leader, but a smart investment choice.
9/27/2023 • 51 minutes, 42 seconds
Cultivating change – Nestlé’s leading approach on sustainability and creating shared value
It’s one of Magellan’s oldest and most dependable investments, and the extraordinarily diverse Nestlé company, with its enormous stakeholder base, has risen to the challenge of the new sustainability regime. In this episode, Magellan’s Portfolio Manager Elisa Di Marco, and Investment Analyst, Tracey Wahlberg discuss how environmental values are driving corporate culture with Rob Cameron, Nestlé’s Global Head of Public Affairs. They talk through the company’s net zero approach, and its commitment in leading its supply chain to embrace regenerative agriculture, recycling, packaging innovation and human rights. And Rob Cameron explains how these initiatives benefit shareholders, through growth opportunities and cost discipline.
8/29/2023 • 46 minutes, 53 seconds
Behind the screens: The evolution of streaming services and the investment case for Netflix
It may be a disruptive success, but the on-demand video streaming sector has had its own challenges recently. In this episode, Magellan’s Portfolio Manager Arvid Streimann and Magellan Sector Head of Finance and Technology Ryan Joyce go behind the screens to take an in-depth look at the history and current state of streaming services, the importance of scale, Hollywood strikes, and regulation. They also reveal how one of the industry leaders, Netflix, has adapted its strategy and is likely to benefit from its recent crackdown on password sharing.
7/25/2023 • 50 minutes, 50 seconds
Building the future - drilling into sustainability at Lowe’s
It’s the American version of Bunnings, but much bigger. Lowe’s isn’t only a good business investment, it’s a good business full stop, thanks to its proud and honourable commitment to sustainability - from its supply chains to its customers. In this episode, Magellan Investment Analyst Tracey Wahlberg and Magellan’s Head of ESG Amy Krizanovic, are joined by the Lowe’s Vice President of Corporate Sustainability, Chris Cassell, to discuss the company’s sustainability strategy and how it aligns with financial drivers. They delve into the firm’s materiality assessment, engagement with employees, progress in climate risk management, and net-zero goals, as well as achievements in emissions reduction and sustainable innovation.
6/27/2023 • 37 minutes, 42 seconds
Beyond the sheets: Dissecting the downfall of a US retail giant
The consumer cycle is turning, creating a challenging operating environment for retailers and a period of volatility for investors. In this episode, Hannah Dickinson, Sector Head of Franchises joins Magellan Portfolio Manager Jowell Amores to dissect the downfall of a company that was once a go-to retailer in the United States. They look at the case study of Bed Bath and Beyond, a US-based retailer that went from market juggernaut to bankruptcy as it struggled to maintain market share and adapt to changing consumer preferences. This story highlights the importance of strong management, sensible capital allocation and sustainable competitive advantages when considering the prospects of any retailer. It’s a salutary story of what not to do in the consumer space, which has important lessons for any investor.
5/30/2023 • 32 minutes, 21 seconds
Consumer deep dive — how best to weather the storm
As consumers contend with the cost of living, interest rates and the fallout from a pandemic and a war, it’s time to look at how Magellan is shoring-up its consumer investments by concentrating on pricing power, inflation protection and durable competitive advantage. In this episode, Magellan’s Head of Listed Funds, Jennifer Herbert is joined by Sector Head of Franchises & Healthcare Hannah Dickinson, and investment analysts Lucina Martin, and James Macdonald, for a broad exploration of the investment tactics used to identify the quality, compounding consumer-centred companies that will weather the wild economic storms.
4/25/2023 • 31 minutes, 12 seconds
American Water — a pipeline to dependable returns
Even during volatile times, one of Magellan’s portfolio holdings has generated outstanding returns, and continues to deliver. American Water Works, which is the largest publicly traded US water and wastewater utility company, has generated returns of 400 per cent over the past ten years, and continues to be one of Magellan’s most reliable assets. In this episode, Infrastructure Portfolio Manager Jowell Amores speaks with American Water’s President and CEO, Susan Hardwick, in an insightful discussion about how the company’s simple strategy is providing attractive and consistent returns.
3/28/2023 • 46 minutes
Cyber security – the new world order
A globally recognised cyber communications expert and former Chief Information Officer to the US president, Suzette Kent brings a world of experience to the realm of cyber and data security. In this episode of Magellan, In the Know, Magellan Head of Macro and Portfolio Manager Arvid Streimann speaks with Suzette Kent in a broad-ranging discussion about the new cyber security landscape. Are companies concentrating enough on internal security? Which sectors are most at risk? How do you tell if a prospective investment is cyber secure? All these questions and more are answered in this instructive and informative episode.
The information contained in this podcast is for general information purposes and does not constitute investment advice. You should seek investment advice tailored to your circumstances before making any investment decision. Opinions stated are Ms. Kent’s own and not to be considered reflective of any of the organizations with whom she affiliated.
2/27/2023 • 39 minutes, 26 seconds
2023 — The investment year ahead
With one of the toughest of investment years - 2022 - now behind us, it’s time to look at the road ahead, its tailwinds and potential pitfalls. In this new year episode of Magellan in the Know, Head of Listed Funds Jennifer Herbert discusses the landscape in 2023 with Magellan’s Global Portfolio Managers Nikki Thomas and Arvid Streimann. With the abrupt rise in interest rates probably now behind us, and with a slowdown on the horizon, they outline Magellan’s investment philosophy of delivering an absolute return over time through thoughtful risk assessment and due diligence on the underlying value of companies. Europe and China may be in the process of emerging from darker times, but some fundamental risks are still apparent, so they say it’s a time to pay attention to sound investment frameworks and stick to them.
1/30/2023 • 31 minutes, 18 seconds
‘Revenge travel’ – the recovery, opportunities and risks for investments
In this episode, Ofer Karliner, Infrastructure Portfolio Manager hosts a wide-ranging discussion with three of his colleagues about the travel sector and the associated investment opportunities. Ofer is joined by Ryan Joyce, Sector Head of Technology, Hannah Dickinson, Sector Head of Franchises, and Yathavan Suthaharan, Industrials Analyst. From airlines to accommodation, luxury retail to technology and manufacturing to aircraft maintenance, together they discuss the companies that might benefit from the re-opening up of the travel sector post covid and what risks and opportunities might lie ahead. There are also some fascinating revelations about the way the pandemic has forced these industries to evolve.
12/19/2022 • 35 minutes, 45 seconds
Understanding China and the impacts for investors
Some Asian markets fell right after Chinese President Xi Jinping cemented his position as the most powerful Chinese leader since Mao. President Xi used the Chinese Communist Party’s National Party Congress, which is held every five years, to not only break the tradition of maximum ten-year terms in office, but he also removed supporters of his more open, market-oriented predecessors from the key policy making body. John Garnaut, founder of investment advisory firm Garnaut Global Joins Matt Pottinger, a Distinguished Visiting Fellow at the Hoover Institution, to discuss the implications of Xi's indefinite grip on power on the outlooks for businesses, the economy and international relations.
11/28/2022 • 41 minutes, 6 seconds
Energy boost — A new ”industrial revolution” for investors
It’s a time of crisis, but, as Albert Einstein once said: “in the midst of every crisis, lies great opportunity.” A negative supply shock in Europe has seen global energy prices soar and has forced governments to scramble for alternatives to safeguard their national security. According to Portfolio Manager David Costello and Magellan Head of Macro and Portfolio Manager Arvid Streimann, shifting attitudes are pushing the market toward alternative, renewable energy sources, resulting in the most influential investment thematic of the next 30 years. They say that, although some infrastructure legacy issues will be remain, this current energy crisis will actually result in a more secure, and electrified, future, and a gradual decrease in prices over time.
10/24/2022 • 40 minutes, 52 seconds
Powering up — The vaulting potential of WEC Energy Group
One of the USA’s largest power generation and gas distribution firms, WEC Energy Group supplies electricity to 4.6 million customers — including some of the country’s biggest manufacturers — across Wisconsin, Illinois, Michigan and Minnesota. The company has delivered attractive and consistent returns as part of the Magellan portfolio for more than ten years. WEC Energy’s Executive Chairman, Gale Klappa, says the power provider should see growth thanks to a huge expansion in demand that will stem from the green energy revolution. Gale Klappa explains how embracing renewable technologies and diversifying generation methods can deliver the three things desired by shareholders, regulators and customers: affordable, reliable and clean energy.
9/27/2022 • 43 minutes, 12 seconds
Spirit of success — Diageo’s compounding value and growing market share
A recent addition to the Magellan Global Strategy, Diageo is now the world’s leading producer of distilled spirits, with top shelf brands like Johnny Walker, Smirnoff and many more. Despite the pandemic, the company’s global revenue has compounded at over 9% p.a. over the past three years, as spirits have gained share of total alcohol sales, and consumers have increasingly chosen to “drink better” rather than drink more. Chief Executive, Ivan Menezes, says there’s even more room to grow in the sector, in both the developing world and traditionally wealthier markets. And he says Diageo’s “obsession” with consumers, excellence in brand building and company culture of efficiency will enable resilient performance through troubled economic times.
8/29/2022 • 41 minutes, 37 seconds
A Pivotal Moment that could decide how this century plays out
The future of the 21st Century could be decided in the coming months. That’s the view of Secretary Leon Panetta former US Secretary of Defence. Secretary Panetta speaks to Magellan’s Head of Macro and co-Portfolio Manager of the Global Equity Strategy, Arvid Streimann, about geopolitics and the challenges for democracies globally. It is a wide-ranging and thought-provoking interview about the place in history in which we find ourselves.
7/26/2022 • 40 minutes
Payments “Revolution” — Visa drives a surge in digital transactions
The world’s largest payment network, which facilitates more than 6000 transactions every second, is in the front seat of the digital payments’ revolution . VISA has enjoyed a doubling of its volumes in many regions over the past three years, thanks to the increased uptake of digital payments across the world. VISA Vice Chair and CFO, Vasant Prabhu, says his company’s primary mission to replace cash and cheques with digital payments is gathering pace, with huge opportunities still to come. In this episode, Vasant is interviewed by Magellan Deputy CIO and Head of ESG, Domenico Giuliano, and Magellan Portfolio Manager Elisa Di Marco, about VISA’s attractive and innovative business, the way the pandemic has multiplied volumes, and the implications of new payment options like crypto currencies, electronic wallets, real-time payments, and the impact of regulation.
6/27/2022 • 38 minutes, 53 seconds
The road to a sound investment — Transurban’s strategy for success
Infrastructure investment is a long-term activity, so it pays to identify areas of potential and start talking to governments early. That’s the methodology employed by Scott Charlton, who is the CEO of the world’s biggest toll-road operator — Transurban. Scott outlines how the company concentrates on areas of growth in the three markets where it has a competitive advantage, namely Australia, the USA and Canada. In this podcast episode, Scott Charlton is interviewed by Magellan Infrastructure Portfolio Manager, Ofer Karliner, and Head of Infrastructure Gerald Stack, about Transurban’s way of doing business, as well as the opportunities and challenges that lie ahead.
5/31/2022 • 32 minutes, 21 seconds
In Conversation with John Sevior, a veteran Australian equities investor, on his long-term approach to markets over the last 30+ years.
Identifying underappreciated quality businesses, as well as keeping an eagle eye out for diamonds in the rough, underlines the approach of one of the industry’s leading Australian Equities players: Airlie Funds Management, a business that Magellan purchased in 2018. John Sevior has a long track record of managing funds on behalf of individuals, superannuation funds, public institutions and charities. In this episode, John is interviewed by Bryce Leske and Alec Renehan from the Equity Mates podcast (one of Australia's leading financial media brands popular with younger investors) about his overall approach to investment, current market conditions, and some of his favourite examples of underappreciated, high-quality companies.
4/26/2022 • 45 minutes, 22 seconds
War in Europe
Russia’s invasion of Ukraine has sent geopolitical and economic shockwaves around the globe, creating new risks to the investment outlook. A combination of strong western government and corporate responses has drastic implications for commodities, food security and raises the possibility that NATO nations may be drawn into a wider conflict. But as Russia’s military fails to meet its objectives, what does a settlement look like, and what are the implications for a Russian president whose aspirations of a resurrected Russian empire appear to be collapsing? Former US Deputy Assistant Secretary of Defence for Russia, Ukraine and Eurasia Evelyn Farkas, and former Deputy Director of the CIA Michael Morell dissect and shed light on the situation with Magellan’s Head of Macro and Portfolio Manager Arvid Streimann.
(interview recorded on 25 March 2022)
3/28/2022 • 47 minutes, 20 seconds
Has the party run out of punch? A panel discussion with senior members of Magellan’s investment team
Markets have softened after the recent rally, with investors apparently factoring in inflation and interest rate hikes during 2022. Will Magellan’s key investments stand to strengthen from such an environment? In this episode, key members of Magellan’s investment team put a spotlight on current macroeconomic issues and the outlook for two key sectors in our portfolio: payments and technology. Magellan Head of Macro and Portfolio Manager Arvid Streimann, Portfolio Manager Elisa Di Marco and Investment Analyst Adrian Lu are hosted by Key Account Manager Jennifer Herbert in this wide-ranging panel discussion.
2/22/2022 • 44 minutes, 15 seconds
Prudence in Volatile Times — A panel discussion with senior members of Magellan’s investment team
Looking back at the extraordinary year of 2021, and towards the year ahead, three senior members of the Magellan investment team explain their approach to managing key sectors and stocks in Magellan’s global portfolio. In this special edition, Magellan’s Key Account Manager, Jennifer Herbert, interviews Head of Technology, Communications and Media for Magellan, Ryan Joyce, Co-Head of Franchises Hannah Dickinson and Head of Financials Alan Pullen. Together these experts look at the volatility of the current investment landscape as well as potential challenges faced with exposure to China and the inflationary economic outlook.
1/24/2022 • 42 minutes, 27 seconds
The coming ‘viral blizzard‘
In this episode, one of the world’s foremost epidemiologists, and a member of President-elect Joe Biden's Transition COVID-19 Advisory Board, Dr Michael Osterholm, talks to Hamish Douglass, Magellan’s Chairman and CIO, about what he calls 'the coming viral blizzard’ and the arrival of the Omicron variant. He has some sobering news for anyone who thinks the pandemic is behind us, warning governments around the world will need to either drastically change their public health policies to deal with what will be an overwhelming situation for hospitals, or consider fresh lockdowns.
12/23/2021 • 39 minutes, 3 seconds
The Inflation Spectre Looming in the Global Economy
We live in an extraordinary time for the global economy. Despite supply chain and workforce issues, a commodities boom and rising energy costs, the US Federal Reserve and European Central bank are keeping low interest rates frozen. But with the inflation spectre looming on the horizon, former US Federal Reserve Governor Kevin Warsh says the window of opportunity for central banks to act may already be closing.
11/30/2021 • 59 minutes, 13 seconds
”Trust your instinct” – In conversation with Sir Frank Lowy AC
How do you turn a humble delicatessen into the world’s largest operator of shopping centres — Westfield Corporation? What sort of personality do you need to become a giant in the Australian and global real estate landscape? Sir Frank Lowy AC started his journey in war-torn Europe, with his father tragically dying at the hands of the Nazis. He fled to Australia and spotted an opportunity to sell good coffee in multicultural, immigrant-rich Western Sydney . From there he made his first commercial real estate investment, and the rest is history...
In this interview Sir Frank candidly shares his story, including mistakes he made along the way, the key character traits he thinks are necessary to become a business success, and the importance of remaining paranoid yet optimistic.
10/26/2021 • 42 minutes, 22 seconds
Building a world with a little more Yum!
In early 2020, David Gibbs took the helm of Yum! Brands, the American fast-food giant that operates well-known brands including KFC, Pizza Hut and Taco Bell, to name a few. After rising through Yum!’s ranks over the decades, becoming President and COO before being promoted to CEO in 2020, he was soon face to face with a worldwide pandemic. In this episode, we hear how Yum! and its 51,000 restaurants in 150 countries successfully navigated the global shutdown. David also unpacks Yum!’s rise , the enduring focus on people, culture and growth, and how it continues to identify opportunities and build a world with a ‘little more Yum!’
9/27/2021 • 43 minutes, 58 seconds
Riding America's Connectivity Wave
“We don't go online anymore. We exist there”. This is a phrase used by Jay Brown, CEO of Crown Castle America’s largest provider of communications infrastructure.
In this episode, Jay talks with Magellan’s Chairman and CIO, Hamish Douglass, about the evolution of this extraordinary business which delivers ever-expanding 4- and 5-G data networks to customers across the United States. We’ll hear about a business model which Jay Brown describes as one of the best business models he’s ever seen; and how, through asset acquisition and lease-back, the company provides win-win solutions for operators, customers and shareholders alike. Now, from macro communications towers to small cell networks, we’ll find out how Crown Castle continues to further penetrate the American market and its insatiable appetite for all things data and connectivity.
8/31/2021 • 48 minutes, 13 seconds
Remaining rational in a tide of geo-political risk
Hamish Douglass is joined by Michael Morrell, former Deputy Director of the CIA, and Ticky Fullerton, the Australian Newspaper’s Business Editor at Large, who hosts this month’s discussion on how to approach investing in China during these times of heightened geo-political tensions. Can the US rely on its allies as tensions increase? Could there be extended bans on US nationals investing in China by the Biden administration? Also under discussion, cybercrime and crypto-currency; the regulation of big tech in the US and what keeps them up at night.
7/27/2021 • 35 minutes, 36 seconds
Building a better future – Nestle’s CEO on leading the world’s largest food and beverage business towards a healthier world.
In 2017, Mark Schneider left a leading role in healthcare to become CEO of Nestle, the world’s largest food company with over 150 year old history in providing nutritional products to markets around the globe. Mark was Nestle’s first “outsider” CEO in almost a century, and in just four years, he’s overseen new strategic directions for the company, with a major acquisition agenda underway as he re-shapes this extraordinary consumer goods business towards a healthier future for all – all while tackling a global pandemic, and the big issues of climate change and corporate environmental responsibility. In this episode, Mark joins Hamish Douglass, Magellan’s Chairman and Chief Investment officer, to discuss new strategic directions for the company as it takes on a leading role in global health and wellness.
6/29/2021 • 44 minutes, 30 seconds
Steering financial markets through a crisis – a first-hand account
In 2006, after a stellar career as a financier and economist in the US, Kevin Warsh was elevated to the highest level of banking globally when he was appointed to the US Federal Reserve Board. Within two years, the world was plunged into a global financial crisis. Now, 12 years on, another global crisis has been triggered by COVID. Kevin shares his remarkable insights into the role of central banks during times of financial turmoil, and the significant knock-on effect for investors, with Magellan’s Chairman and Chief Investment Officer, Hamish Douglass.
With a market cap of over $200bn, Novartis is one of the largest pharmaceutical companies in the world and a leader in developing trusted innovative therapies to improve and prolong people’s lives. Under the visionary leadership of CEO Vas Narasimhan, Novartis has achieved extraordinary breakthroughs in gene, cell and other transformative therapies. Vas Narasimhan, discusses these key developments, and their implications with Magellan’s Chairman and Chief Investment Officer, Hamish Douglass.
4/26/2021 • 38 minutes, 10 seconds
On the Hunt for Super-Compounding Stocks
Since inception in 2006 to a now A$100 Billion asset management firm, Magellan Asset Management is recognised as a star performer in global investment markets. In this in-depth interview, taken from Morningstar’s recent “The Long View” podcast, Magellan’s Chairman and CIO Hamish Douglass describes the unique way the firm was founded, the secrets of its success, his experiences of investing in China and talks through how Magellan’s cohesive global portfolios of super-compounding stocks are constructed. (Morningstar has given permission for Magellan to reuse this interview.)
The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; (3) does not constitute investment advice offered by Morningstar; and (4) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Use of information from Morningstar does not necessarily constitute agreement by Morningstar, Inc. of any investment philosophy or strategy presented in this publication.
3/29/2021 • 49 minutes, 6 seconds
Special bonus episode: The year of living dangerously
Welcome to this special bonus episode of ‘Magellan in the Know’. Frank Casarotti, GM of Distribution at Magellan recently interviewed Hamish Douglass, Chairman and CIO, for a live investor webinar called ‘The Year of Living Dangerously’. In this bonus episode you can hear a recording of that interview.
As COVID-19 vaccination programs gather pace around the world, so too does a sense of optimism that the virus will be defeated and that global economies will finally move on. But is this optimism really warranted, particularly when it comes to investing? In this interview, Hamish Douglass, considers the efficacy of the newly developed vaccines against the growing number of viral mutations that have the potential to threaten a recovery from the pandemic.
3/29/2021 • 32 minutes, 34 seconds
Bought for a dollar - How ICE, the owner of the New York Stock Exchange, became a $65 billion exchange business
The Intercontinental Exchange (or ICE) is one of the world’s largest exchange businesses – it owns the NYSE and dominates global energy exchanges. ICE operates in over 70 countries, and has a market capitalisation of U$65 Billion. Its remarkable growth over the last two decades is the result of founder Jeffrey Sprecher’s visionary thinking and unwavering commitment to moving old analogue exchanges into efficient digital platforms, and creating new markets globally. It all started with a single dollar transaction in 1997.
2/23/2021 • 42 minutes, 41 seconds
The rise and challenges of China - former CIA China analyst shares his views
China’s continued rise as a global economic powerhouse has met with increasing caution and push-back from the Western world, not least from the United States during four turbulent years under President Trump. Now a very different administration has taken over Capitol Hill. How will this impact China-US relations? What challenges face President Xi and the CCP as they juggle internal issues with an enduring focus on global dominance. And what might this mean for investors? Chris Johnson, one of the world’s foremost China experts and former CIA analyst, shares his views on the start of Joe Biden’s presidency and how geo-political forces may shift again.
1/28/2021 • 49 minutes, 7 seconds
Winds of change: Vaccine relief, a new US government and the acceleration of e-commerce
With the roll-out of vaccines to combat COVID-19, a new president in the White House come January, and a surge in online activity through 2020 shining a light on the giant global internet companies, Magellan rounds out the year with a focus on two key sectors in its global portfolios: healthcare and technology, as well as a look at what could lie ahead for investors in 2021. The investment team at Magellan distill and dissect these key areas of interest, the podcast is hosted by Key Account Manager, Jennifer Herbert.
12/28/2020 • 39 minutes, 36 seconds
Votes, vaccines, and a re-emerging world for investors
As a new and very different president-elect prepares to enter the White House, and as vaccine hopefuls emerge to suppress the devastating impact of COVID-19, what are the biggest risks and opportunities for investors in 2021 and beyond? Magellan’s Chairman and Chief Investment Officer Hamish Douglass offers his detailed perspectives on the impact of a new Biden presidency, and discusses the economic response to recent COVID vaccine developments as the world re-emerges post-pandemic.
11/23/2020 • 49 minutes, 23 seconds
Reshaping RB: transformative strategies for a new world
In this episode of Magellan - In the Know, Hamish Douglass, talks to Laxman Narasimhan, CEO of global consumer goods company, Reckitt Benckiser, the makers of brands such as Detol, Mortein, Nurofen and Vanish. Discussing the challenges that COVID has released on the business world in 2020, Laxman explains why business leaders are entering a ‘new world’ that will challenge them to make a difference at a level not fully thought through yet. We find out more about RB’s relationship with China in the midst of rising international tensions, and ask where Laxman places RB in the big issues around environmental and social responsibility, given the company’s promise to pursue a cleaner, healthier world for all.
(This interview was originally recorded for a live webinar which has resulted in poorer quality audio than we would normally produce for our podcast. Apologies).
10/26/2020 • 39 minutes, 22 seconds
People over profits: how a dedication to culture and innovation has steered Starbucks through COVID-19
In this episode of In The Know, Magellan’s Chairman and CIO Hamish Douglass, talks to Kevin Johnson, President and Chief Executive Officer of Starbucks. In this wide reaching interview we find out how Starbucks’ 4,000+ stores in China are faring in the face of ongoing US / China tensions, how the brand managed the well- documented racial discrimination incident in one of its US stores, and why putting people before profits is the driving force behind the business’s resilience.
9/29/2020 • 40 minutes, 56 seconds
How does CIA former deputy director, Michael Morell, view today’s biggest geopolitical risks?
In this episode, Magellan’s Chairman and CIO Hamish Douglass, talks to former deputy director of the CIA, Michael Morell. The pair discuss whether US antagonism against China is permanent and bipartisan, the two things Michael worries most about for the US election, the national security issues surrounding covid-19 and much more.
8/25/2020 • 36 minutes, 13 seconds
In The Know - An Introduction
‘In The Know’ is a new monthly investment podcast brought to you by Magellan Asset Management; Experts in global investing.
We seek to bring you timely, unique and thought-provoking insights to help you make sense of today’s investment landscape. From deep dives into the latest macroeconomic and geopolitical issues, to our analysis on sectors and stocks on global markets. Join CIO Hamish Douglass, and others at Magellan, as they connect with a myriad of experts in their field, including CEOs of stocks we hold, global leaders and consultants in finance, investing, risk and politics, and key members of our investment team and business.
In The Know - a monthly podcast from Magellan is worth investing your time in! For more information visit: www.magellangroup.com.au and sign up to our regular investment insights programme.