I disagree that there is diversification in Magellan. The overwhelming majority of FUM @ Magellan is global equities, which makes them a one-trick pony, and the pony's legs are broken.
A truly diversified manager is someone like Macquarie, BlackRock, and State Street. They not only have so many funds and products, but other lines of businesses too and in the latter's case, active and passive.
MFG Price at posting:
$18.37 Sentiment: Sell 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.
(20min delay)