As I think it was Moonshine who said some time back market correction might be good for MFG. It certainly is showing up in FUM but not yet in MFG SP. Now to those emerging markets advocates, I heard this evening those markets have crashed much more than Europe and US markets. I need to check this out, but I believe it is the case. Please note I missed out Bank stocks in the previous note, which are down 5 to 6%. You need to be bit analytical to understand these things, without jumping to conclusions. This is going to be an occasion for Hamish and his team to take advantage and get more inflow based on his superior performance under the current circumstances. The
MFG Price at posting:
$32.00 Sentiment: Buy Disclosure: Held
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