High Conviction

Magellan's High Conviction Portfolio Mangers, Nikki Thomas and Alan Pullen discuss the strategy and how it has performed over the last 12 months. They talk about where they are seeing opportunities going forward and what stocks can benefit from the growing developments in Generative AI.

"It's a concentrated portfolio, 10-20 stocks. At the moment it's 14, which is pretty typical. So if you think about 14 stocks that's a 7% position on average for each stock, so you really do have to have conviction in both the quality and the long-term returns that those stocks can deliver over time..."
Alan Pullen, Portfolio Manager