MFG magellan financial group limited

wow - bleeding retail - your LARGEST (by a mile) fee...

  1. 4,343 Posts.
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    wow - bleeding retail - your LARGEST (by a mile) fee earner!

    so:
    Jan FUM = $46.2bn
    LESS
    Feb client outflow = -(0.8bn)
    = Feb FUM of $45.4bn

    This implies that mkt performance was entirely offset by FX (fake) gains! the wild FX swing benefit shielded the result from being EVEN UGLIER by a very, very disappointing performance (that will drive FURTHER outflows)!!!

    very lucky FX worked in your favour to hide the abysmal performance!!! had FX been neutral, this result would be -(1.4bn) WORSE ($44bn instead of $45.4bn)!!!

    so much for stemming outflows.....retail has awoken to the RED ink for high fees conundrum!
 
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(20min delay)
Last
$10.43
Change
-0.040(0.38%)
Mkt cap ! $1.793B
Open High Low Value Volume
$10.39 $10.47 $10.30 $6.392M 615.3K

Buyers (Bids)

No. Vol. Price($)
1 96 $10.40
 

Sellers (Offers)

Price($) Vol. No.
$10.43 22131 1
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Last trade - 16.15pm 25/07/2025 (20 minute delay) ?
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