, but it’s far from the only change at the Australian asset manager.
Gone are portfolio managers Chris Wheldon and Michael Poulsen, who were charged with overseeing the firm’s $500 million-odd Magellan High Conviction Trust, and another portfolio manager, Vihari Ross, who was also group head of research.Wheldon and Poulson were replaced by ex-Alphinity Investment Management stockpicker Nikki Thomas and the firm’s head of financials, Alan Pullen.
The changes come just one week before Magellan’s annual general meeting, where new boss George is expected to unveil his new strategy for the embattled fund manager.The sharp fall in funds further highlighted the challenge facing
Source: News Formal (newsformal.com)
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