Magellan Financial Group's Total Funds Under Management Up to AU$39.1 Billion in November

MT Newswires Live

2024/12/05

Magellan Financial Group's (ASX:MFG) total funds under management rose to AU$39.1 billion in November from AU$38 billion in October, according to a Thursday filing with the Australian bourse.

Retail funds accounted for AU$16.2 billion, while institutional funds made up AU$22.9 billion.

In November, Magellan reported net outflows of AU$400 million, which included net retail outflows of AU$200 million and net institutional outflows of another AU$200 million.

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