Magellan Financial Group's Funds Under Management Rise to AU$39.1 Billion in January

MT Newswires Live

2025/02/06

Magellan Financial Group's (ASX:MFG) total funds under management (FUM) rose to AU$39.1 billion in January from AU$38.6 billion in December 2024, according to a Thursday filing with the Australian bourse.

Retail FUM fell to AU$16 billion from AU$16.1 billion, while institutional FUM rose to AU$23.1 billion from AU$22.5 billion.

Both retail and institutional flows were flat for the month.

The company's shares were up 3% in recent Thursday trade.

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