Fum hasnt been growing because of USD. Flows continuing.
I have 0 concern over future funds management business given the flows have been steady. As I said if we get mean reversion in currency MFG will back on the growth path with their fee revenue.
Hamish has also been on the front foot:
1. Private equity investments (guzman & Finclear)
2. Poached all top UBS bankers for M&A and investment banking (barrenyjoey)
3. Retirement product in the works
They are smart operators. Could care less about what GS think, have known Hamish and Chris for over 10 years, these guys aren't stupid.
Fum hasnt been growing because of USD. Flows continuing.I have 0...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$8.49 |
Change
0.050(0.59%) |
Mkt cap ! $1.461B | |||
| Open | High | Low | Value | Volume |
| $8.38 | $8.53 | $8.35 | $3.847M | 454.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2137 | $8.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.50 | 6847 | 4 |
View Market Depth
| Last trade - 16.15pm 26/06/2025 (20 minute delay) ? |
| MFG (ASX) Chart |