MFG 1.77% $9.42 magellan financial group limited

Ann: Funds Under Management - June 2022, page-69

  1. 857 Posts.
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    Finally MGOC outperformed world index in June quarter 22. This is the first time in about 18 months MGOC has beaten the index. For the month too MGOC outperformed the world index. So much has been written
    on how the poor the MFG group performance over 18 months & that was given as the reason for FUM outflow from MFG. Question is will this steady the ship now. If that happens MFG is under priced at present prices.
 
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