MFG 0.72% $10.48 magellan financial group limited

Ann: Funds Under Management - September 2022, page-70

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  1. 670 Posts.
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    You're what I like to call a DDM - delusional disciple of Hamish. You throw every excuse in the book on behalf of Magellan.

    Yet here's where the share price is. And sometimes, just sometimes, it pays to actually try and think a bit deeper about things.

    A massive insto had liquidity problems eh? And they happen to just cut off an underperforming fund to address the issue? Oh, my.

    It's almost as if, during a recession companies cut their worst employees as a first port of call.
 
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