Not necessarily as bad as FUM figure looks, the key to Magellan FUM is to track retail FUM. Retail FUM loss has stayed constant with another $400M of outflow.
$50B in FUM shows significant loss, but the revenue from Institutional Investors isn’t as significant as retail.
EPS on an annualised basis is heading to under $1 with this number. Demonstrates value trap for those looking to invest at current low PE Ratio.
Best of Luck
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Not necessarily as bad as FUM figure looks, the key to Magellan...
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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 |
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| Last trade - 16.16pm 28/07/2025 (20 minute delay) ? |
| MFG (ASX) Chart |