MAGELLAN - In The Know

The Intercontinental Exchange (or ICE) is one of the world’s largest exchange businesses – it owns the NYSE and dominates global energy exchanges.  ICE operates in over 70 countries, and has a market capitalisation of U$65 Billion.  Its remarkable growth over the last two decades is the result of founder Jeffrey Sprecher’s visionary thinking and  unwavering commitment to moving old analogue exchanges into efficient digital platforms, and creating new markets globally. It all started with a single dollar transaction in 1997.

China’s continued rise as a global economic powerhouse has met with increasing caution and push-back from the Western world, not least from the United States during four turbulent years under President Trump. Now a very different administration has taken over Capitol Hill. How will this impact China-US relations? What challenges face President Xi and the CCP as they juggle internal issues with an enduring focus on global dominance. And what might this mean for investors? Chris Johnson, one of the world’s foremost China experts and former CIA analyst, shares his views on the start of Joe Biden’s presidency and how geo-political forces may shift again.

With the roll-out of vaccines to combat COVID-19, a new president in the White House come January, and a surge in online activity through 2020 shining a light on the giant global internet companies, Magellan rounds out the year with a focus on two key sectors in its global portfolios: healthcare and technology, as well as a look at what could lie ahead for investors in 2021. The investment team at Magellan distill and dissect these key areas of interest, the podcast is hosted by Key Account Manager, Jennifer Herbert.

As a new and very different president-elect prepares to enter the White House, and as vaccine hopefuls  emerge to suppress the devastating impact of COVID-19, what are the biggest risks and opportunities for investors in 2021 and beyond? Magellan’s Chairman and Chief Investment Officer Hamish Douglass offers his detailed  perspectives on the impact of a new Biden presidency, and discusses the economic response to recent COVID vaccine developments as the world re-emerges post-pandemic.

In this episode of Magellan - In the Know, Hamish Douglass, talks to Laxman Narasimhan, CEO of global consumer goods company, Reckitt Benckiser, the makers of brands such as Detol, Mortein, Nurofen and Vanish. Discussing the challenges that COVID has released on the business world in 2020, Laxman explains why business leaders are entering a ‘new world’ that will challenge them to make a difference at a level not fully thought through yet. We find out more about RB’s relationship with China in the midst of rising international tensions, and ask where Laxman places RB in the big issues around environmental and social responsibility, given the company’s promise to pursue a cleaner, healthier world for all. (This interview was originally recorded for a live webinar which has resulted in poorer quality audio than we would normally produce for our podcast. Apologies).

In this episode of In The Know, Magellan’s Chairman and CIO Hamish Douglass, talks to Kevin Johnson, President and Chief Executive Officer of Starbucks. In this wide reaching interview we find out how Starbucks’ 4,000+ stores in China are faring in the face of ongoing US / China tensions, how the brand managed the well- documented racial discrimination incident in one of its US stores, and why putting people before profits is the driving force behind the business’s resilience.

In this episode, Magellan’s Chairman and CIO Hamish Douglass, talks to former deputy director of the CIA, Michael Morell. The pair discuss whether US antagonism against China is permanent and bipartisan, the two things Michael worries most about for the US election, the national security issues surrounding covid-19 and much more.

‘In The Know’ is a monthly investment podcast brought to you by Magellan Asset Management; Experts in global investing. We seek to bring you timely, unique and thought-provoking insights to help you make sense of today’s investment landscape.  From deep dives into the latest macroeconomic and geopolitical issues, to our analysis on sectors and stocks on global markets.  Join us, as we connect with a myriad of experts in their field, including CEOs of stocks we hold, global leaders and consultants in finance, investing, risk and politics, and key members of our investment team and business.  In The Know - a monthly podcast from Magellan is worth investing your time in!   For more information visit: www.magellangroup.com.au and sign up to our regular investment insights programme.