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Magellan Financial Group Ltd (ASX:MFG)

Diversified Financials

Magellan Financial Group Ltd (ASX:MFG) is a funds management business that largely invests in international shares like Facebook and Visa. It was set up in 2006 by Hamish Douglass and Chris Mackay. Since inception, Magellan claims it has been one of the most consistent market outperformers after fees.

Magellan Financial Group Ltd (ASX:MFG) share price

Magellan Financial Group Ltd (ASX:MFG) share price news

ASX Share Ideas
Drew Meredith, CFP

All Ords (XAO) price smacked by rates, ZIP share price dumped

The All Ordinaries (ASX: XAO) and S&P/ASX 200 (INDEXASX: XJO) were on hold ahead of the RBA’s latest board meeting and interest rate decision. Elsewhere the Zip Co Ltd (ASX: ZIP) share price was dumped by investors.

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All Ords (XAO) flops, Tyro & Magellan (ASX:MFG) share prices dive

The All Ordinaries (ASX: XAO) and S&P/ASX 200 (INDEXASX: XJO) fell on Monday following a weak lead from global markets. The All Ords and ASX 200 opened the first week of June with a 0.5 per cent fall, pulled down by the likes of Magellan Financial Group Ltd (ASX: MFG) shares.

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