due to SOL takeover offer of PPT
Probably not..
SOL seems to want to get rid of the funds under management part of the business and just retain the trust and high net wealth management parts for themselves.
Basically, returning the funds under management to PPT to shareholders saying that the takeover of Pendal was a big mistake.
But despite that the whole FUM sector seems to have gone up.
Would be interested to see what others say and whether is the time to get into this part of market, if at all
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MFG
magellan financial group limited
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$10.91

Consolidation in the FUM sector
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Last
$10.91 |
Change
0.480(4.60%) |
Mkt cap ! $1.876B |
Open | High | Low | Value | Volume |
$10.43 | $10.98 | $10.43 | $16.50M | 1.524M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3157 | $10.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.95 | 1033 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3157 | 10.900 |
1 | 2279 | 10.880 |
1 | 2240 | 10.860 |
2 | 3000 | 10.700 |
1 | 125 | 10.500 |
Price($) | Vol. | No. |
---|---|---|
10.950 | 1033 | 1 |
10.980 | 17498 | 6 |
10.990 | 3559 | 4 |
11.000 | 35020 | 18 |
11.010 | 2870 | 3 |
Last trade - 16.16pm 28/07/2025 (20 minute delay) ? |
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MFG (ASX) Chart |