Magellan Financial Group Ltd (ASX:MFG) Announces AUM Update
Assets Under Management Update
Magellan Financial Group Ltd reported total assets under management (AUM) of A$37.5 billion as of 31 March 2025, down from A$38.6 billion the previous month. The retail segment saw AUM decrease to A$14.9 billion from A$15.7 billion, while the institutional segment declined to A$22.6 billion from A$22.9 billion.
Net Outflows
In March, MFG experienced net outflows of A$0.6 billion, including A$0.2 billion from retail investors and A$0.4 billion from institutional investors. The AUD/USD exchange rate stood at 0.62315, slightly up from 0.62185 in the previous month.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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