Content provided by Magellan Asset Management Limited
Hamish Douglass, the Chairman and CIO at Magellan, talks about what market reaction to COVID-19 surprised him, why the portfolio has withstood the market ructions, what makes Estée Lauder and LVMH sound investments still and why inflation is not an immediate threat despite the massive fiscal and monetary stimulus.
Presented by: Hamish Douglass, Chairman and CIO, Magellan Asset Management Limited
Duration: 44 minutes
Content provided by:
Disclaimer: This material is being delivered by Magellan Asset Management Limited ABN 31 120 593 946, AFS Licence No. 304 301 (“Magellan”). This material constitutes general information only and it does not take into account your investment objectives or financial situation. This material does not constitute an offer or inducement to engage in an investment activity. You should read any relevant offer documentation applicable to any financial product and consider obtaining professional advice before making any investment decision. This material is not intended to constitute legal, tax, investment or any other advice. Statements contained in this material that are not historical facts are based on the current expectations and opinions of Magellan. Such statements involve known and unknown risks, uncertainties and other factors and no reliance should not be placed such statements. Additionally, this material may contain “forward-looking statements” and actual events may differ materially from those contemplated in such forward-looking statements. No warranty, express or implied, is made with respect to the accuracy or completeness of any information contained in this material. The information in this material is subject to change at any time and no person has any responsibility to update any of the information provided in this material. Magellan will not be liable for any losses, whether direct, indirect or consequential relating to or arising from your use or reliance upon any of the information contained in this material.