Slide 6 (of their presentation) net flows by region in 2023 :
. Americas : 9.4 bn USD,
. Australia : 1 bn USD,
. Other regions : - 0.4 bn USD.
Total net flows : 10 bn USD.
So, almost all their net inflows still comes from Americas, where they had 81 % of their FUM at the end of 2023.
It probably shows their potential in the rest of the world.
For example, it has a significant potential of FUM in Australia where they had only 7.6 bn USD of FUM at the end of 2023.
At its pick, Magellan had more than 100 bn$ of FUM (around 65 bn USD).
Also interesting to note that they are now expanding in the middle east, where they have only 3.3 bn USD of FUM now.
Ann: Investor Presentation, page-5
Add GQG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.37 |
Change
-0.110(4.44%) |
Mkt cap ! $6.999B | |||
| Open | High | Low | Value | Volume |
| $2.48 | $2.55 | $2.37 | $8.164M | 3.336M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2524 | $2.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.47 | 25237 | 6 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$2.45 |
Change
-0.110 ( 1.34 %) |
||||
| Open | High | Low | Volume | ||
| $2.48 | $2.55 | $2.45 | 271931 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| GQG (ASX) Chart |