MFG magellan financial group limited

Ann: Funds Under Management - May 2022, page-56

  1. 11,186 Posts.
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    i asked this same question on the PTM thread but alas no one will answer it so i shall ask it here, regarding FUM is their a MAGIC NUMBER that FUM would have to fall too for MFG to be uneconomic to run anymore? its FUM is $65billion, if it keeps dropping to $60 $50 $40 billion, is there a number where the money they get from management fees is not enough to keep so many staff and pay wages anymore? anyone care to guess what that FUM number could be?
    thanks guys.
 
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(20min delay)
Last
$10.76
Change
-0.070(0.65%)
Mkt cap ! $1.847B
Open High Low Value Volume
$10.76 $10.84 $10.68 $1.444M 134.1K

Buyers (Bids)

No. Vol. Price($)
18 718 $10.75
 

Sellers (Offers)

Price($) Vol. No.
$10.76 1154 11
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Last trade - 14.59pm 07/08/2025 (20 minute delay) ?
MFG (ASX) Chart
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