MFG 0.51% $9.76 magellan financial group limited

Ann: Funds Under Management Update, page-73

  1. 7,302 Posts.
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    yeah me too daicosisgod. Spend the weekend reviewing for risk and decided risk is too high at the moment.
    Main reason for my course of action continuous redemptions and internal expenses rising. With rising expenses and future revenue just about cut in half, earnings could be hit hard. (Remember expenses don't decline as revenue declines).

    Still holding on to my other wealth managers.
 
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