Magellan Asset Management Ltd. disclosed in a filing on December 31, 2018 that it increased its stake in Yum! Brands, Inc.

Mar 03, 2019
Institutional Holdings Changes
Background Information
MAML is an active manager which aims to deliver attractive risk-adjusted returns over the medium to long-term while reducing the risk of permanent capital loss through global equities and global listed infrastructure strategies. The firm seeks to find outstanding global companies at attractive prices. Their portfolio construction process incorporates fundamental, bottom-up stock analysis (using both an assessment of quality and value) and its macroeconomic research and risk management framework.