Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
The latest announcement is out from Magellan Financial Group Ltd ( (AU:MFG) ).
Magellan Financial Group Ltd reported a total assets under management (AUM) of A$38.5 billion as of April 30, 2025, reflecting an increase from the previous month. Despite experiencing net outflows of $1.0 billion, the company added $1.4 billion in retail AUM through its role as the responsible entity for the Vinva Global Alpha Extension Fund, marking the fourth fund in its partnership with Vinva Investment Management. This development highlights Magellan’s ongoing efforts to expand its product offerings and strengthen its market position.
More about Magellan Financial Group Ltd
Magellan Financial Group Ltd is a company operating in the financial services industry, primarily focusing on asset management. It offers a range of investment products, including global equities, infrastructure equities, and Australian equities. The company has a strategic partnership with Vinva Investment Management to offer systematic equity funds.
YTD Price Performance: -34.17%
Average Trading Volume: 551
Technical Sentiment Signal: Strong Buy
Current Market Cap: €787.7M
For an in-depth examination of MFG stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue