Investor Centric Approach
Commenced execution trading strategy targeting Far East HNW Individuals.
Launched Magellan Freezer Trusts through Magellan Concepts Limited.
Commenced share margining strategy for selective clients.
Name change of Magellan Advisors to MFAUK Ltd.
Acquired Magellan Advisors (UK) Ltd with approval from the Financial Conduct Authority (FCA) to conduct advisory services.
Accepted into STAMP Medallion Certification as a Financial Industry Signature Guarantor for certification of stock transfers globally.
Acquired Tranquil Shores at RI Ltd, Bahamian property development company.
Acquired Magellan Global Fund SPC as a Cayman licensed and regulated Segregated Portfolio Cell Fund.
Acquired Magellan Management Services Limited as a restricted Cayman Investment Advisor and Manager.
Acquired Magellan Trust Company Limited, a New Zealand registered trust company that provides estate and financial planning for global high net worth clients.
Established a new Bahamian corporation, Magellan Financial Ltd, as the group parent holding company for all subsidiaries within the Magellan Group.
Acquired 100% of Magellan Mercantile Services Limited as a Bahamian company to facilitate securitized lending and share margin facilities.
Magellan Securities Limited approved by The Securities Commission as a restricted mutual fund administrator.
Established Magellan Securities Limited as a Bahamian company and obtained licensing approval from The Securities Commission of the Bahamas under license #SIA-F086. As part of the licensure, The Commission approved Magellan Securities Limited as a Manager (Custodian) of Securities and Advising on Securities.