MFG 1.20% $9.29 magellan financial group limited

Magellan clearly an Opportunity for Long term, page-3

  1. 138 Posts.
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    Been a share holder for years, and confident for future however the market is selling down because of its under performence resulting in a drop in FUM with fear that more is to come. Thats the million dollar question, how can they kept ot growth FUM and turn that into cash for us shareholders.
    sp has tanked recently which is buying oppertunity however I'd be waiting to buy until we have more clarity about its major clients pulling their money.
 
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