Phil King’s Regal snaps up Chris Mackay’s 6.6pc stake in Magellan

Two of Australia’s best-known fund administration homes had been hobnobbing after the market closed on Wednesday. Phil King’s Regal purchased a sizeable stake in Magellan final night.  Road Speak can reveal Phil King’s Regal Companions was the client of Magellan co-founder Chris Mackay’s 6.6 per cent stake within the enterprise traded on Wednesday night by … Read more

Chris Mackay promoting 6.6pc stake in Magellan; Barrenjoey on ticket

Barrenjoey’s equities desk was late on Wednesday searching for patrons for some $112 million in Magellan Monetary shares being offloaded by the fund supervisor’s co-founder, Chris Mackay. The 12 million shares had been being provided at $9.40 apiece or a slim 3.1 per cent low cost to Wednesday’s shut. Mackay’s automobile, Magellan Equities, was listed … Read more