Depends how much GLI FUM will follow Gerald out the door.
Atrium IM are shutting their ~$630 million Magellan Infra trust today, which I believe was announced a few days before this. Probably not linked, but who knows. After the FUM drop last month you can probably start calling that a trend.
My guess would be they lose at around $3~5bn. Older mandates are always looking for a reason to re-evaluate.
Ann: Update to Executive and Investment Teams, page-8
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Last
$8.41 |
Change
-0.030(0.36%) |
Mkt cap ! $1.453B | |||
| Open | High | Low | Value | Volume |
| $8.38 | $8.46 | $8.34 | $4.327M | 514.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1191 | $8.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.42 | 1974 | 2 |
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| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| MFG (ASX) Chart |