Report
John Likos
EUR 101.80 For Business Accounts Only

This fast-growing global equity and infrastructure investment manager has a strong growth profile.

Narrow-moat Magellan Financial Group continues to deliver impressive operating performance, reporting a 2% increase in funds under management in the three months to Sept. 30, 2017 to AUD 51.6 billion. In addition, Magellan raised AUD 1.55 billion in FUM for its new ASX-listed vehicle, Magellan Global Trust, more than we anticipated. Existing investors in Magellan funds were key supporters of the new trust, contributing the bulk of the IPO proceeds. There was some cannibalisation from existing Ma...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
John Likos

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