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.
The Magellan Financial Group Ltd (ASX:MFG) share price is up more than 5% after a positive update with FUM rising.
The Magellan Financial Group Ltd (ASX:MFG) share price has dropped close to 10% after the fund manager released its latest worrying monthly update.
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The Magellan Financial Group Ltd (ASX: MFG) share price fell again, dropping 3% as the fund manager just revealed more pain.
The Magellan Financial Group Ltd (ASX: MFG) share price has seen big movements today after it was announced that co-founder Hamish Douglass had sold Magellan shares.
The Magellan Financial Group Ltd (ASX:MFG) share price is under the spotlight as more funds left the building in October.
The S&P/ASX200 (INDEXASX: XJO) rose 0.3% on Wednesday as the Megaport Ltd (ASX: MP1) share price dived and Pilbara Minerals Ltd (ASX:PLS) share price rises.
The Magellan Financial Group Ltd (ASX: MFG) share price has dropped over 8% today. Was this update the reason?
The Magellan Financial Group Ltd (ASX:MFG) share price is in the red as the fund manager announced its latest monthly update.
