i use an approach similar to @Plague 's table.my assumption...

i use an approach similar to @Plague 's table.

my assumption is around 10% of global is hedged, and about 50% of infra, and 0% australian equity which averages out to 16%. for november my estimate is outflows of 250M.

i simply use the returns on the NAVs for the hedged/unhedged funds rather than muck around with currency assumptions.

interesting that we all end up with different answers.

further to my prev post, the airlie founders who took magellan shares will also be upset as the shares are in escrow till march 2023.