While I agree with your observation, I'm not sure Magellan finds itself in too many Industry/Retail super funds anymore. I'm not sure where these outflows are coming from, but most of their mandates with the Industry funds were lost long ago as far as I'm aware.
Ann: Funds Under Management and Performance Fee Update- June 2023, page-4
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Last
$9.76 |
Change
-0.050(0.51%) |
Mkt cap ! $1.764B | |||
| Open | High | Low | Value | Volume |
| $9.63 | $9.77 | $9.63 | $2.785M | 286.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 928 | $9.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.77 | 2144 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |