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Magellan Financial Group Ltd ( (AU:MFG) ) has shared an update.
Magellan Financial Group Ltd reported a slight increase in its assets under management (AUM) to $39.6 billion as of June 2025, despite experiencing net outflows of $0.2 billion in June. The company announced it will transition from monthly to quarterly AUM updates, providing more detailed disclosures on strategy and client type. This change aims to enhance transparency and maintain high standards of disclosure, with the first quarterly report expected in October 2025.
The most recent analyst rating on (AU:MFG) stock is a Sell with a A$8.20 price target. To see the full list of analyst forecasts on Magellan Financial Group Ltd stock, see the AU:MFG Stock Forecast page.
More about Magellan Financial Group Ltd
Magellan Financial Group Ltd is a specialist financial services business based in Sydney, Australia, established in 2006. It manages approximately $39.6 billion in assets as of June 2025, focusing on global equities, global listed infrastructure, and Australian equities strategies for retail, high net worth, and institutional investors. The company is listed on the Australian Securities Exchange and has strategic partnerships and investments in Barrenjoey Capital Partners, Vinva Investment Management, and FinClear.
Average Trading Volume: 790,887
Technical Sentiment Signal: Hold
Current Market Cap: A$1.49B
See more insights into MFG stock on TipRanks’ Stock Analysis page.