Show Notes
A recent addition to the Magellan Global Strategy, Diageo is now the world’s leading producer of distilled spirits, with top shelf brands like Johnny Walker, Smirnoff and many more. Despite the pandemic, the company’s global revenue has compounded at over 9% p.a. over the past three years, as spirits have gained share of total alcohol sales, and consumers have increasingly chosen to “drink better” rather than drink more. Chief Executive, Ivan Menezes, says there’s even more room to grow in the sector, in both the developing world and traditionally wealthier markets. And he says Diageo’s “obsession” with consumers, excellence in brand building and company culture of efficiency will enable resilient performance through troubled economic times.
More from MAGELLAN - In The Know
What did the latest reporting season reveal about the state of the Australian share market, and could the ASX’s potentially biggest IPO in decades, Firmus Technologies, reshape the picture?
Asset-backed credit is a well-established part of Australia’s lending market, but it operates quite differently from corporate and real estate private credit that has attracted much of the recent attention.
Cellnex owns and operates around 112,000 telecom towers across ten European markets, generating recurring, contracted revenue from mobile operators who have few practical alternatives once a site is built.
Geopolitical events are no longer just creating short-term market volatility, they’re reshaping the global investment landscape in more lasting ways.
How are data and AI reshaping the future of active investing?