Does Barrenjoey plan to kill off the Magellan Financial brand?
Several options are under consideration by the investment bank’s top brass as what appears to be a reverse takeover of the funds management giant draws closer.
Could the Magellan Financial brand, which has just clocked up two decades of existence, soon be relegated to the dustbin? Or will it become a mere sub-brand of investment banking powerhouse Barrenjoey?
Both options are being seriously considered by Barrenjoey’s top brass as the Matthew Grounds and Guy Fowler-led firm inches closer to sealing what appears to be a reverse takeover of funds management house Magellan.
