MFG magellan financial group limited

Ann: Funds Under Management - November 2021, page-107

  1. 1,003 Posts.
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    Of course lot of unhappy people, but what I can’t understand is the reason for SP to loose so much even before this week drama with the personnel.
    As I said before MGOC,MHHT MGF all gone up this calandra year. Total FUM too has gone up from 100B at beginning of the year to now and obviously management fees will go up, may be not by same%, still sharp increase. Yes, they have faced outflows but as % of 118B it is not much.Increase due to performance has been much more than outflow.
    So what is the problem ?
 
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