Hamish Douglass says there will need to be a major disruption for a new player to come in and take market share from Magellan and Platinum in the international...

James Marlay

Livewire Markets

Hamish Douglass says there will need to be a major disruption for a new player to come in and take market share from Magellan and Platinum in the international funds space. Douglass was glowing in his praise of the Platinum brand, however, he says the growth of Magellan can be largely attributed to the fact that until recently most advisers had no alternative in the international funds space other than via Platinum. He says now that both Platinum and Magellan have established brands it will be more difficult for the next players to come in. From a growth perspective Douglass says the SMSF space represents the biggest opportunity with the pie being a whopping $530billion. However, he laments the lengthy process that SMSF's need to go through to access managed funds and as a result this share of the market is only .4%. (VIEW LINK)


1 topic

James Marlay
Co Founder
Livewire Markets

Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions. Safe investing and thanks for reading Livewire.

Expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.