MFG magellan financial group limited

This is a forum for shareholders Not employees, fund...

  1. 1,619 Posts.
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    This is a forum for shareholders
    Not employees, fund holders,BOD, management, or investors in the various FUM etc etc
    What is good for one set of stakeholders is not necessarily the best for others
    It is MFG's primary fiduciary responsibility to its shareholders not those investing in their managed funds -
    Though of course pleasing the latter will support making money for the former, it is NOT their primary responsibility
    If they don't make money and go out of business, it's the shareholders who lose their shirts not the fundholders...
    Just MO
    Last edited by asxunsullied: 30/12/21
 
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