Magellan Financial Group

Magellan Financial Group is engaged in funds management, providing international investment funds to high net worth and retail investors in Australia and New Zealand, and institutional investors globally. Co.'s main operating company is Magellan Asset Management Limited (MAM). Co.'s key operating segments are: Funds Management, in which MAM undertakes the funds management activities and MFG Services LLC acts as a service company providing MAM with services of investment analysts and distribution personnel; and Principal Investments, which include investments in the ASX Quoted Funds, the Unlisted Magellan Funds, and a select portfolio comprising Australian and international listed companies.
  • TickerMFG
  • ISINAU000000MFG4
  • ExchangeAustralian Securities Exchange
  • SectorFinancial Services
  • CountryAustralia

Increased risk weighs on MAGELLAN FINL.GP.LTD., penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of MAGELLAN FINL.GP.LTD. (AU), active in the Asset Managers industry. As regards its fundamental valuation, the title still shows 2 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date March 10, 2020, the closing price was AUD 48.64 and its target price was estimated at AUD 46.21.

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior

Aussie Equities Month in Review (August 2019)

The ASX 200 shrugged off a poor reporting season and fell in line with global markets.  Global stock markets fell by 2.0% due to concerns about global trade.  Healthcare (3.6%), Property (2.3%) and IT (5.0%) were the best performing sectors, while Materials declined on the backs of a large fall in the price of iron ore and a weak FY19 result from BLD.  The strong relative performance of Australia during the past 3 months combined with the large number of downgrades in June and a downgrade to the FY20 outlook means the market is still expensive and trading on stretched PE multiples.  Consi...

Chanaka Gunasekera

Morningstar | An Acceleration in Fund Inflows and Growth in FUM Drive an Increase in Magellan’s FVE

The transition to a new analyst as well as an acceleration in fund inflows in the first four months of 2019 combine with a rebound in equity markets to drive narrow-moat Magellan Financial Group’s fair value estimate increase to AUD 37.50 per share, from AUD 29.00. The firm’s proven ability to generate above-market returns, with relatively lower volatility and drawdowns than most competitors along with an effective distribution team has helped establish a strong reputation among investors. This has assisted in growing scale in its funds under management or FUM. As at April 30, 2019, it boasts ...

Chanaka Gunasekera

Morningstar | An Acceleration in Fund Inflows and Growth in FUM Drive an Increase in Magellan’s FVE. See Updated Analyst Note from 19 May 2019

The transition to a new analyst as well as an acceleration in fund inflows in the first four months of 2019 combine with a rebound in equity markets to drive narrow-moat Magellan Financial Group’s fair value estimate increase to AUD 37.50 per share, from AUD 29.00. The firm’s proven ability to generate above-market returns, with relatively lower volatility and drawdowns than most competitors along with an effective distribution team has helped establish a strong reputation among investors. This has assisted in growing scale in its funds under management or FUM. As at April 30, 2019, it boasts ...

A director sold 135,897 shares at 26.154AUD and

A director at Magellan Financial Group Limited sold 135,897 shares at 26.154AUD and the significance rating of the trade was 69/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rule...