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Mason Stevens teams up with Magellan

Investment management firm Mason Stevens has launched a global equities model portfolio which will be sub-advised by Magellan Asset Management.

The Magellan Global Equity Model Portfolio will be delivered to advisers and their clients as a managed account, administered by Mason Stevens.

The portfolio will mirror the Magellan Global Fund, which delivered a 39 per cent return to investors in the 12 months to 30 June 2013.

Mason Stevens chief executive Thomas Bignill said the portfolio had been “very well received” by advisers and clients during pre-marketing.

“Magellan’s reputation and investment success combined with the attraction of the managed account format is a powerful combination,” he said.

“With the added interest in international exposure for clients’ portfolios, we are very excited to be able to deliver this portfolio to our clients,” said Mr Bignill.

Mr Bignill noted that self-managed superannuation fund investors in particular are looking for “greater visibility” of their investments – something that managed accounts provide.


“Through our managed account service, advisers are now able to asset allocate across domestic equities, international equities and fixed income (bond) portfolios. They also benefit from more efficient tax outcomes, liquidity and daily reporting,” said Mr Bignill.