Magellan Financial Group Ltd (ASX:MFG)
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) passive income
Magellan Financial Group Ltd (ASX:MFG) share price news
Australia’s All Ordinaries Just Slumped 3%
The ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index slumped 3.2% on Tuesday, following Commonwealth Bank of Australia (ASX:CBA) and BHP Billiton Limited (ASX:BHP) shares lower.
Tuesday: What’s The All Ords Index Doing at Lunch?
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has been hit for six this morning, it’s currently down 2.93%.
Key Highlights From Magellan Financial Group Ltd’s HY Report
Magellan Financial Group Ltd (ASX: MFG) will be a focal point following the release of its half-year financial report and the takeover deals for Airlie Funds Management and Frontier Partners.
S&P/ASX 200 Follows Dow Lower
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open lower on Tuesday, following the Dow Jones Industrial Average (INDEX:.DJI) lower.
Australia’s All Ordinaries Finishes Lower Wednesday
Australia’s All Ordinaries (INDEXASX:XAO)(ASX:XAO) closed firmly lower on Wednesday.
ASX Wednesday Lunchtime Market Update
The ASX has had a mixed morning so far with the market currently down. Here are some of the bigger movers of the day so far.