Magellan reveals Barrenjoey's $10 million half
Magellan holds a 36 per cent interest in Barrenjoey, a home-grown investment bank that has been seeking to pinch market share from established shops since it launched in 2020.
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Magellan holds a 36 per cent interest in Barrenjoey, a home-grown investment bank that has been seeking to pinch market share from established shops since it launched in 2020.
Barrenjoey has enjoyed a jump in league tables, but this is off the back of lower fee-paying transactions that Wall Street banks typically shy away from.
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