As per the note from UBS, via fnarena, there were net inflows in November. This is different to what people are saying here? Anyway UBS still has a sell rating regardless.
Magellan Financial Group reported 30 November funds under management (FUM) of $116.4bn as at 30 November. UBS estimates November net inflows of $280m, reversing the trend of net outflows in recent months. Institutional inflows of $780m were partly countered by a -$500m Retail outflow, and the flagship fund investment underperformance has persisted, points out the analyst. The broker continues to see downside risks to the revenue outlook (flows/fees) and retain its Sell rating and $29.50 target price.
As per the note from UBS, via fnarena, there were net inflows in...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$10.54 |
Change
-0.340(3.13%) |
Mkt cap ! $1.812B | |||
| Open | High | Low | Value | Volume |
| $10.80 | $10.84 | $10.44 | $9.556M | 901.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $10.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.56 | 250 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| MFG (ASX) Chart |