Magellan Financial Group Limited

Equities

MFG

AU000000MFG4

Investment Management & Fund Operators

Market Closed - Australian S.E. Other stock markets 07:10:10 28/06/2024 BST			5-day change	1st Jan Change
8.42 ^AUD	-1.64%		+0.72%	-9.27%

06-06	Magellan:Lessons learnt from investing in essential services	FI
05-17	Magellan: The many facets of Brookfield Corporation	FI

ASX:MFG - Funds Under Management - February 2021

March 04, 2021 at 11:21 pm

MAGELLAN FINANCIAL GROUP LIMITED ('MAGELLAN')

FUNDS UNDER MANAGEMENT (FUM) UPDATE1

AS AT 26 FEBRUARY 2021

A$ million	26 Feb 2021	29 Jan 2021
Retail	27,648	27,128
Institutional	72,960	73,277
Total FUM	100,608	100,405
Global Equities	75,434	75,122
Infrastructure Equities	17,118	17,284
Australian Equities	8,056	7,999
AUD/USD exchange rate	0.77420	0.76725

In February, Magellan experienced net inflows of $691 million, which included net retail inflows of $703 million2 and net institutional outflows of $12 million.

5 March 2021

Authorised by

Marcia Venegas | Company Secretary

1 Funds under management are approximate and rounded, and have not been audited.
2 Includes Magellan Global Fund Partnership Offer applications of $726 million announced to the market on 25 February 2021.

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Magellan Financial Group Limited published this content on 05 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 March 2021 23:20:07 UTC.

Latest news about Magellan Financial Group Limited

Magellan:Lessons learnt from investing in essential services	06-06	FI
Magellan: The many facets of Brookfield Corporation	05-17	FI
Magellan: Consumer shopping habits and the growth of Amazon	05-17	FI
Magellan: Innovations shaping the global healthcare universe	05-17	FI
Magellan: Finding leaders in the worldwide consumer market	05-15	FI
Magellan Global Fund Appoints Managing Director	05-14	MT
Magellan Financial Group Grows Funds Under Management as of End-February; Shares Jump 8%	03-06	MT
Jarden Adjusts Magellan Financial Group Price Target to AU$8.40 From AU$7.80, Keeps at Neutral	02-16	MT
Transcript : Magellan Financial Group Limited, H1 2024 Earnings Call, Feb 15, 2024	02-15
Magellan Financial Group's Adjusted Profit, Revenue Decline in Fiscal H1 FY24	02-14	MT
Magellan Financial Group Limited Reports Earnings Results for the Half Year Ended December 31, 2023	02-14	CI
Magellan Financial Group Grow Funds Under Management as of End-January	02-06	MT
Magellan Financial Records Slightly Higher Funds Under Management in December	01-05	MT
Magellan Global Fund's Responsible Entity Gets Additional Option Acquisition Proposal from Magellan Financial Group	12-07	MT
Magellan Global Fund's Responsible Entity Receives Option Purchase Proposal from Magellan Financial Group	12-07	MT
Magellan Financial's Funds Under Management Up in November; Shares Rise 3%	12-06	MT
Transcript : Magellan Financial Group Limited - Shareholder/Analyst Call	11-07
Magellan Financial Group Limited Appoints Cathy Kovacs as Director	11-06	CI
Magellan Financial Group's Managed Funds as of End-October Slightly Decline	11-06	MT
Magellan Financial Group CEO/Managing Director Steps Down; Shares Slide 4%	25/10/23	MT
Australia's Magellan Financial hits decade-low on CEO exit, cost outlook	25/10/23	RE
Magellan Financial Group Limited Appoints Andrew Formica as Executive Chairman, Effective 25 October 2023	24/10/23	CI
Australia's Magellan plunges as fund manager sees decline in assets managed for 8th month	06/10/23	RE
Magellan Financial Posts Decline in Funds Under Management; Shares Fall 12%	06/10/23	MT
Magellan Financial Group Limited Appoints Deborah Page AM as Director	03/10/23	CI

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Company Profile

Magellan Financial Group Limited is an Australia-based specialist asset manager. The Companyâs segments include Funds Management, Fund Investments and Associate Investments. The Funds Management segment provides investment fund management services to high net worth and retail investors in Australia and New Zealand, and to institutional investors globally. Its Funds Management activities include providing investment research and administrative services to certain clients; providing investment management and sub-advisory services under client mandates, and acting as responsible entity/trustee (RE) and/or investment manager (IM) for the funds (collectively the Magellan Funds). The Fund Investments segment comprises its direct investment in certain Magellan Funds and a select portfolio of listed Australian and international equities. The Associate Investments segment comprises a portfolio of selective investments in businesses in which it has a strategic interest.

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Investment Management & Fund Operators

Calendar

14/08/2024 - Q4 2024 Earnings Release

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Ratings for Magellan Financial Group Limited

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ESG Refinitiv

C-

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Sell

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Mean consensus

UNDERPERFORM

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8.42 AUD

Average target price

8.889 AUD

Spread / Average Target

+5.56%

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