MFG 2.54% $9.98 magellan financial group limited

yes, the media comment that MFG suffered another $2bn of...

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    yes, the media comment that MFG suffered another $2bn of outflows in Jan was quite misleading. The A$ weakened 2 cents, and markets fell about 6%, so if anything they saw +ve inflows, or else good relative performance! Anyway I bought some more at $16.43 on that release, must be close to finding the bottom at just over 3-4% of FUM mkt cap.

    The news that Chris Mackay and Nikki Thomas have returned to active duties within MFG I regarded as very positive news, but didn't rate a mention.
 
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