Met flows ok for the month but currency providing solid headwinds for headline FUM number.
Need AUDUSD to stabilise plus a new mandate here would go a long way methinks.
It's going to be a tough ask to hit 30b year end if AUD keeps appreciating and there's no new contracts.
If only bloody Aussie's could keep a log on their exuberance for property the Reserve might have had more flexibility in their policy execution wrt to rates.
Realistically we're hoping for a kick along in inflation in States combined with a decline in commodity prices to keep currency from further north trajectory. Both not unrealistic medium term, but short term who knows?
Ann: Funds under Management - March 2014 , page-2
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Last
$10.46 |
Change
-0.230(2.15%) |
Mkt cap ! $1.797B | |||
| Open | High | Low | Value | Volume |
| $10.50 | $10.50 | $10.34 | $2.517M | 241.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1730 | $10.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.47 | 3062 | 30 |
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| Last trade - 14.04pm 01/08/2025 (20 minute delay) ? |
| MFG (ASX) Chart |