MFG magellan financial group limited

Magellan shareholder update - "We're not about relative returns", page-3

  1. 1,114 Posts.
    lightbulb Created with Sketch. 150
    spot on. theres alot he didnt say on brett and personal front.
    and talk about moving the goalposts.
    if they are a 9% return fund why do they charge relative performance fees and present performance against the benchmark. the walk doesnt match the talk. his performance fees are mismatched to his investment objectives.
 
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