It is Macquarie's website so of course but I have noted that Alan Kohler really has a passionate problem with MBL's fees and that he misses a lot of key facts about them. Having said that though he is a respected journalist some I am sure there is probably some element of truth in what he says. On balance though they both seem to understate was what I said in an earlier post about who owns MIG and who own MBL and how stupid it would be for dual investors who own almost 20% or something to sack MBL.
I am curious though to know which funds MBL gets performance fees from and which they just get management fees if anyone knows. I am tracking performance of all the funds but without enough objectivity as to what they contribute to MBL.
MBL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
