Lithium
43.93
(1.48%)
Gold
2,636.70
0.12%
Copper
4.06
0.14%
Oil
68.67
(0.35%)
Bitcoin
92,690.59
0.82%
FTSE 100
8,258.60
(0.4%)
Nikkei 225
38,165.85
(0.42%)
Dow Jones
44,860.31
0.55%
Iron Ore
103.15
0.58%
USD/AUD
0.65
(0.04%)
Hang Seng
19,230.32
0.23%
Lithium
43.93
(1.48%)
Gold
2,636.70
0.12%
Copper
4.06
0.14%
Oil
68.67
(0.35%)
Bitcoin
92,690.59
0.82%
FTSE 100
8,258.60
(0.4%)
Nikkei 225
38,165.85
(0.42%)
Dow Jones
44,860.31
0.55%
Iron Ore
103.15
0.58%
USD/AUD
0.65
(0.04%)
Hang Seng
19,230.32
0.23%
Lithium
43.93
(1.48%)
Gold
2,636.70
0.12%
Copper
4.06
0.14%
Oil
68.67
(0.35%)
Bitcoin
92,690.59
0.82%
FTSE 100
8,258.60
(0.4%)
Nikkei 225
38,165.85
(0.42%)
Dow Jones
44,860.31
0.55%
Iron Ore
103.15
0.58%
USD/AUD
0.65
(0.04%)
Hang Seng
19,230.32
0.23%
Lithium
43.93
(1.48%)
Gold
2,636.70
0.12%
Copper
4.06
0.14%
Oil
68.67
(0.35%)
Bitcoin
92,690.59
0.82%
FTSE 100
8,258.60
(0.4%)
Nikkei 225
38,165.85
(0.42%)
Dow Jones
44,860.31
0.55%
Iron Ore
103.15
0.58%
USD/AUD
0.65
(0.04%)
Hang Seng
19,230.32
0.23%
Lithium
43.93
(1.48%)
Gold
2,636.70
0.12%
Copper
4.06
0.14%
Oil
68.67
(0.35%)
Bitcoin
92,690.59
0.82%
FTSE 100
8,258.60
(0.4%)
Nikkei 225
38,165.85
(0.42%)
Dow Jones
44,860.31
0.55%
Iron Ore
103.15
0.58%
USD/AUD
0.65
(0.04%)
Hang Seng
19,230.32
0.23%
Lithium
43.93
(1.48%)
Gold
2,636.70
0.12%
Copper
4.06
0.14%
Oil
68.67
(0.35%)
Bitcoin
92,690.59
0.82%
FTSE 100
8,258.60
(0.4%)
Nikkei 225
38,165.85
(0.42%)
Dow Jones
44,860.31
0.55%
Iron Ore
103.15
0.58%
USD/AUD
0.65
(0.04%)
Hang Seng
19,230.32
0.23%
Lithium
43.93
(1.48%)
Gold
2,636.70
0.12%
Copper
4.06
0.14%
Oil
68.67
(0.35%)
Bitcoin
92,690.59
0.82%
FTSE 100
8,258.60
(0.4%)
Nikkei 225
38,165.85
(0.42%)
Dow Jones
44,860.31
0.55%
Iron Ore
103.15
0.58%
USD/AUD
0.65
(0.04%)
Hang Seng
19,230.32
0.23%
Lithium
43.93
(1.48%)
Gold
2,636.70
0.12%
Copper
4.06
0.14%
Oil
68.67
(0.35%)
Bitcoin
92,690.59
0.82%
FTSE 100
8,258.60
(0.4%)
Nikkei 225
38,165.85
(0.42%)
Dow Jones
44,860.31
0.55%
Iron Ore
103.15
0.58%
USD/AUD
0.65
(0.04%)
Hang Seng
19,230.32
0.23%
Lithium
43.93
(1.48%)
Gold
2,636.70
0.12%
Copper
4.06
0.14%
Oil
68.67
(0.35%)
Bitcoin
92,690.59
0.82%
FTSE 100
8,258.60
(0.4%)
Nikkei 225
38,165.85
(0.42%)
Dow Jones
44,860.31
0.55%
Iron Ore
103.15
0.58%
USD/AUD
0.65
(0.04%)
Hang Seng
19,230.32
0.23%
Lithium
43.93
(1.48%)
Gold
2,636.70
0.12%
Copper
4.06
0.14%
Oil
68.67
(0.35%)
Bitcoin
92,690.59
0.82%
FTSE 100
8,258.60
(0.4%)
Nikkei 225
38,165.85
(0.42%)
Dow Jones
44,860.31
0.55%
Iron Ore
103.15
0.58%
USD/AUD
0.65
(0.04%)
Hang Seng
19,230.32
0.23%
Lithium
43.93
(1.48%)
Gold
2,636.70
0.12%
Copper
4.06
0.14%
Oil
68.67
(0.35%)
Bitcoin
92,690.59
0.82%
FTSE 100
8,258.60
(0.4%)
Nikkei 225
38,165.85
(0.42%)
Dow Jones
44,860.31
0.55%
Iron Ore
103.15
0.58%
USD/AUD
0.65
(0.04%)
Hang Seng
19,230.32
0.23%
Lithium
43.93
(1.48%)
Gold
2,636.70
0.12%
Copper
4.06
0.14%
Oil
68.67
(0.35%)
Bitcoin
92,690.59
0.82%
FTSE 100
8,258.60
(0.4%)
Nikkei 225
38,165.85
(0.42%)
Dow Jones
44,860.31
0.55%
Iron Ore
103.15
0.58%
USD/AUD
0.65
(0.04%)
Hang Seng
19,230.32
0.23%
Lithium
43.93
(1.48%)
Gold
2,636.70
0.12%
Copper
4.06
0.14%
Oil
68.67
(0.35%)
Bitcoin
92,690.59
0.82%
FTSE 100
8,258.60
(0.4%)
Nikkei 225
38,165.85
(0.42%)
Dow Jones
44,860.31
0.55%
Iron Ore
103.15
0.58%
USD/AUD
0.65
(0.04%)
Hang Seng
19,230.32
0.23%
Lithium
43.93
(1.48%)
Gold
2,636.70
0.12%
Copper
4.06
0.14%
Oil
68.67
(0.35%)
Bitcoin
92,690.59
0.82%
FTSE 100
8,258.60
(0.4%)
Nikkei 225
38,165.85
(0.42%)
Dow Jones
44,860.31
0.55%
Iron Ore
103.15
0.58%
USD/AUD
0.65
(0.04%)
Hang Seng
19,230.32
0.23%
Lithium
43.93
(1.48%)
Gold
2,636.70
0.12%
Copper
4.06
0.14%
Oil
68.67
(0.35%)
Bitcoin
92,690.59
0.82%
FTSE 100
8,258.60
(0.4%)
Nikkei 225
38,165.85
(0.42%)
Dow Jones
44,860.31
0.55%
Iron Ore
103.15
0.58%
USD/AUD
0.65
(0.04%)
Hang Seng
19,230.32
0.23%
Lithium
43.93
(1.48%)
Gold
2,636.70
0.12%
Copper
4.06
0.14%
Oil
68.67
(0.35%)
Bitcoin
92,690.59
0.82%
FTSE 100
8,258.60
(0.4%)
Nikkei 225
38,165.85
(0.42%)
Dow Jones
44,860.31
0.55%
Iron Ore
103.15
0.58%
USD/AUD
0.65
(0.04%)
Hang Seng
19,230.32
0.23%
Lithium
43.93
(1.48%)
Gold
2,636.70
0.12%
Copper
4.06
0.14%
Oil
68.67
(0.35%)
Bitcoin
92,690.59
0.82%
FTSE 100
8,258.60
(0.4%)
Nikkei 225
38,165.85
(0.42%)
Dow Jones
44,860.31
0.55%
Iron Ore
103.15
0.58%
USD/AUD
0.65
(0.04%)
Hang Seng
19,230.32
0.23%
Lithium
43.93
(1.48%)
Gold
2,636.70
0.12%
Copper
4.06
0.14%
Oil
68.67
(0.35%)
Bitcoin
92,690.59
0.82%
FTSE 100
8,258.60
(0.4%)
Nikkei 225
38,165.85
(0.42%)
Dow Jones
44,860.31
0.55%
Iron Ore
103.15
0.58%
USD/AUD
0.65
(0.04%)
Hang Seng
19,230.32
0.23%
Lithium
43.93
(1.48%)
Gold
2,636.70
0.12%
Copper
4.06
0.14%
Oil
68.67
(0.35%)
Bitcoin
92,690.59
0.82%
FTSE 100
8,258.60
(0.4%)
Nikkei 225
38,165.85
(0.42%)
Dow Jones
44,860.31
0.55%
Iron Ore
103.15
0.58%
USD/AUD
0.65
(0.04%)
Hang Seng
19,230.32
0.23%
Lithium
43.93
(1.48%)
Gold
2,636.70
0.12%
Copper
4.06
0.14%
Oil
68.67
(0.35%)
Bitcoin
92,690.59
0.82%
FTSE 100
8,258.60
(0.4%)
Nikkei 225
38,165.85
(0.42%)
Dow Jones
44,860.31
0.55%
Iron Ore
103.15
0.58%
USD/AUD
0.65
(0.04%)
Hang Seng
19,230.32
0.23%

Magellan Financial Group (ASX: $MFG) experiences net outflows of $0.7 billion in March

Magellan Financial Group (ASX: $MFG) Funds Under Management Update


Magellan Financial Group Limited (ASX: $MFG) reported a net outflow of $0.7 billion in March 2024, comprising net retail outflows of $0.2 billion and net institutional outflows of $0.5 billion. The company's funds under management (FUM) update as at 28 March 2024 reflects approximate and rounded figures, and has not been audited.

Executive Commentary on March 2024 Funds Under Management


We have experienced net outflows of $0.7 billion in March, driven by net retail outflows of $0.2 billion and net institutional outflows of $0.5 billion. These outflows have impacted our funds under management. The figures provided are approximate and rounded, and have not been audited. We remain committed to managing our funds effectively and delivering long-term value to our investors.

Summary of Magellan Financial Group's Funds Under Management Update


Magellan Financial Group (ASX: $MFG) reported net outflows of $0.7 billion in March 2024, with net retail outflows of $0.2 billion and net institutional outflows of $0.5 billion. The company's funds under management (FUM) update as at 28 March 2024 reflects approximate and rounded figures, and has not been audited. Despite the outflows, Magellan remains dedicated to effectively managing its funds and creating value for its investors in the long term.

MAGELLAN FINANCIAL GROUP LIMITED
MFG | ASX | Financials
10.870.07(+0.65%)
At close 26/11 (AEDT)
Market cap
$1.9B
Volume
227,572
DY Yield
0.060300004
PE Ratio
8.234848
52 Week Range
7.24 - 11.5
1YR Return
N / A

0 Comments
Inline Feedbacks
View all comments
Social Media Auto Publish Powered By : XYZScripts.com

Stock Piper AI Index Coming Soon!

Join our Newsletter to gain exclusive insight and be notified once we are live.

By clicking Subscribe, you agree to our Terms & Conditions

ASX News, First And Fast.

Get all the latest market updates straight to your inbox.

By clicking Subscribe, you agree to our Terms & Conditions