Yes, I think Magellan have done a lot of positive things for the industry.
Don't get me wrong... they have still jumped on the closed fund bandwagon, but at least they have put a stop to conflicted commission payments and those god horrible attaching options.
Hamish and Clifford are polar opposites when it comes to investment philosophy. There is a recent live wire episode where they pretty much had opposing views on everything...
We all know how well Platinum has gone since Clifford took over....
PMC Price at posting:
$1.27 Sentiment: None Disclosure: Held
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