Magellan Financial Group Limited (ASX: MFG)

Company Profile: Magellan Financial Group Limited (ASX: MFG) was incorporated in 2006 with the objective of generating attractive returns for the clients by investing in global equities and global listed infrastructure while protecting their capital. The headquarter of the company is situated in Sydney, NSW, Australia and the group is being headed by. Mr. Hamish Macquarie Douglass–the CEO, Chief Investment Officer, Lead Portfolio Manager (as at August 2018). It offers its services to high net worth, retail, and institutional investors. MFG has workforce strength of around 28 highly qualified and experienced investment professionals who manage more than A$69.9 Bn in global equity and infrastructure strategies for clients based around the world. The group has offices in Australia, New Zealand, and the United States.

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6 Cannabis Stocks under Investor’s Limelight…

Cannabis companies that sell both medicinal weed and recreational pot. Marijuana stocks to look at. Marijuana mergers and acquisitions. Dispensary data analytics. Upcoming marijuana IPO’s Those phrases have become increasingly common as marijuana legalization spreads.

Global spending on legal cannabis is expected to grow 230% to $32 billion in 2020 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics. As of June 29, 2018 the United States Marijuana Index, despite a lot of uncertainty around regulations, has over the past 1 year gained 71.49%, as compared to about 12% gain seen by the S&P 500.

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