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.
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MFG
magellan financial group limited
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$8.45

Depends how much GLI FUM will follow Gerald out the door. Atrium...
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Last
$8.45 |
Change
-0.055(0.65%) |
Mkt cap ! $1.459B |
Open | High | Low | Value | Volume |
$8.54 | $8.54 | $8.39 | $2.409M | 284.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 1604 | $8.44 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.45 | 78 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 2746 | 8.470 |
16 | 2408 | 8.460 |
10 | 2369 | 8.450 |
9 | 6745 | 8.440 |
8 | 3620 | 8.430 |
Price($) | Vol. | No. |
---|---|---|
8.480 | 384 | 11 |
8.490 | 3171 | 14 |
8.500 | 2189 | 11 |
8.510 | 6236 | 14 |
8.520 | 3070 | 10 |
Last trade - 12.25pm 25/06/2025 (20 minute delay) ? |
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MFG (ASX) Chart |