Fraud Alert
Barrenjoey has been made aware of a scam currently underway where members of the public are being approached by individuals fraudulently representing themselves as our employees to pitch fake investment schemes. This offer is supported by fake marketing materials that make unauthorised use of Barrenjoey’s corporate branding.
Barrenjoey does not offer investment products to members of the public and does not have any connection to anyone offering these products.
We would like to take this opportunity to remind Australians to be vigilant at all times when contacted by an unknown party offering investment opportunities. If you receive an email or message that claims to be from Barrenjoey, but looks suspicious, please forward it, along with any attachments to
To learn more about protecting yourself from scams, please visit the ACCC’s Scamwatch Website.
If you suspect you are a victim of fraud, please report scams involving a financial product to the Australian Securities & Investments Commission (“ASIC”) using the online reporting tool on ASIC’s website here, or to your local police.

Meet Our Team

Andrew Formica

Non-Executive Director, Executive Chairman of Magellan Financial Services

Andrew is Executive Chairman of Magellan Financial Group Ltd (“MFG”) and a director of Magellan Asset Management Limited (MFG’s main operating subsidiary).
Andrew has 30 years’ experience in leading and growing investment businesses within the funds management industry globally, 14 years of which were as CEO. Most recently, Andrew was CEO and Director of Jupiter Asset Management plc. Andrew has also been Co-CEO of Janus Henderson Group plc. and CEO and a Board member of Henderson Group plc. Andrew has held various other senior roles including Joint MD of Henderson’s Listed Assets business and Head of Equities.
Andrew is a Fellow of the Institute of Actuaries (UK and Australia) and was previously Deputy Chair of the Investment Association and Board member of Hammerson Group plc.
Andrew holds a Master of Economics (Macquarie University) and an MBA (London Business School).