A: While it has had a great run, there is still a considerable tailwind from retail investors moving allocations offshore – and Magellan is the “form” manager.

The brokers like the stock – according to FN Arena, sentiment is +1.0 (range -1.0 most negative, +1.0 most positive).

One caveat – it is getting a little expensive – trading around a multiple of 22.3 to FY15 projected earnings.