MFG 0.53% $9.44 magellan financial group limited

Ann: Funds Under Management - September 2023, page-14

  1. 5,876 Posts.
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    CEOs don't usually shell out their own cash for losing businesses. David George recently put his money where his mouth is. Facing a difficult time turning FUM around in this turbulent market with many cashing out. Not the only fund manager to suffer. Imo this panic about inflation is temporary n lots of opportunities out there for those willing to snatch while there's blood in the streets.
    Tough watching it slide but I got my divvy and am not bailing out of this one. Patience.
 
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