MFG magellan financial group limited

Ann: Funds Under Management - August 2022, page-76

  1. 1,828 Posts.
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    You are comparing apples and oranges.

    The current PPT play for Pendal with a huge $110bn FUM and mediocre EBITDA pretty much explains a loss of focus in pursuit of growing FUM.

    PPT share price decline of 20% in a month fairly well expresses the market view of a poor transaction.

    Contrast that with MFG disposal of gyg and razor focus on portfolio management and you may spot the difference.

    GLTASH
 
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