![]() ![]() They should always seek their own professional advice that takes into account their own personal circumstances before making any financial decisions. ![]() Advice given in this article is general in nature and is not intended to influence readers’ decisions about investing or financial products.“These milestones will be challenging and – at minimum – will take years to achieve.” “For Magellan to regain new money in an enduring manner, it needs to: outperform continue diversifying portfolio management responsibilities to dilute key person risk add further differentiated products reclaim its position in model portfolios and recover its strong fund ratings and reputation,” he says. Ler says that the new chief executive wants to adapt Magellan to an increasingly competitive landscape, which is positive, but “the road will be challenging”. Magellan Content Manager is a free to download management software developed by Magellan for Microsoft Windows, and Mac OS X operating systems, as well as all Magellan supported devices. Even if Magellan were to improve its track record, its competitive position is unlikely to be regained.” “We also understated the downside from the dilution of Magellan’s brand, evidenced by mandate losses and outflows.
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