MFG 0.93% $9.73 magellan financial group limited

Ann: Funds Under Management and Performance Fee Update - Dec 2022, page-3

  1. 2,863 Posts.
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    No performance fees is a drop of $11.5M in earnings, so not meaningful.

    Based on current numbers, Annualised EPS is $1.02 based on Historical Retail and Institutional Margin, here are the trends:
    https://hotcopper.com.au/data/attachments/4948/4948159-d3ca10d826fb408192c4ece03efd324b.jpg
    The drop in Retail FUM is the biggest concern here. $2.6B in Outflow is an increase from the prior month - $600M of Retail outflow.

    Best of Luck
    Lost
 
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