Magellan’s FUM Reaches $97.7 Million Mark

  • Dec 05, 2019 AEDT
  • Team Kalkine

Magellan Financial Group Limited (ASX: MFG) reported the total funds under management (FUM) of $97,715 million for the month of November 2019.

The company experienced net inflows of $410 million, which included net institutional inflows of $105 million and net retail inflows of $305 million.

At AEST 01:18PM, the stock was trading at $50.570 per share, up by 2.9% from its previous close.

 

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