Magellan Financial Group Limited

ASX:MFG

Magellan Financial Group Limited

ASX:MFG
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$9.16 (+0.5%)
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#166
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11
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30
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Last edited 3 years ago
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#Monthly FUM
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Added 3 years ago
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Large increase in funds under management from 100 billion to 106 billion. Change in reporting flows from monthly to quaterly. At magellans size inflows aren't as material as they used to be (e.g 200m inflow on 15 billion FUM is 1.33% of FUM, 200m inflow on 106 billion is 0.19% of FUM).  Global fund up 3.8% month to date (Calculated with MGOC.ASX NAV movements), on track for record full year dividend*.

*dependant on market conditions for the rest of financial year and related performance fees. 

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