MAGELLAN FINANCIAL GROUP LTD(MFG.AU),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community

MFG.AU MAGELLAN FINANCIAL GROUP LTD

Closed 05-14 16:12:00 AEST

8.61

+0.05

+0.58%

High8.69	Low8.55	Vol406.84K
Open8.56	D1 Closing8.56	Amplitude1.64%
Mkt Cap1.56B	Tradable Cap1.46B	Total Shares180.75M
T/O3.50M	T/O Rate0.24%	Tradable Shares170.09M
P/B--	ROE--	EPS0.00
52wk High--	52wk Low--	P/E--
Dividend--	Div.Yield--	ROA--

{"stockData":{"symbol":"MFG.AU","market":"AU","secType":"STK","nameCN":"MAGELLAN FINANCIAL GROUP LTD","latestPrice":8.61,"timestamp":1715667120000,"preClose":8.56,"halted":0,"volume":406843,"delay":0,"nameEN":"MAGELLAN FINANCIAL GROUP LTD","floatShares":170093284,"shares":180746328,"eps":1.118507,"marketStatus":"Closed","change":0.05,"latestTime":"05-14 16:12:00 AEST","open":8.56,"high":8.69,"low":8.55,"amount":3502730,"amplitude":0.016355,"askPrice":8.64,"askSize":1000,"bidPrice":8.59,"bidSize":200,"shortable":3,"etf":0,"ttmEps":1.118507,"tradingStatus":0,"nextMarketStatus":{"tag":"Open","tradingStatus":0,"beginTime":1715731200000},"marketStatusCode":5,"adr":0,"exchange":"ASX","adjPreClose":8.56,"dividendRate":0.075494,"openAndCloseTimeList":[[1715644800000,1715666400000]],"volumeRatio":0.833844,"lotSize":1,"tradeCurrency":"AUD"},"requestUrl":"/m/hq/s/MFG.AU/wiki","defaultTab":"wiki","newsList":[{"id":"2433495157","title":"Magellan share price rises 1% despite April funds outflow","url":"https://stock-news.laohu8.com/highlight/detail?id=2433495157","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2433495157?lang=en_us&edition=fundamental","pubTime":"2024-05-06 11:29","pubTimestamp":1714966164,"startTime":"0","endTime":"0","summary":"The S&P/ASX 200 Index  is enjoying a strong start to the trading week so far this Monday. At the time of writing, the ASX 200 has gained a rosy 0.58%. The Magellan Financial Group Ltd  share price is doing even better though.Magellan shares closed last week's trading going for $8.74. But this morning, the ASX 200 fund manager opened at $9.10 a share and is currently up 0.97% at $8.82.That's despite Magellan revealing another drop in the company's funds under management  this morning.Yes, before market open, Magellan revealed its latest FUM figures to investors, covering the month of April.As such, the decline in Magellan's overall funds management can probably be put down to the movements of global share markets. April was a tough month for some investors around the world. To illustrate, it saw the ASX 200 lose a hefty 2.9%, while the flagship American index – the S&P 500 – lost a nasty 4.16%.As such, this may be why investors don't seem too worried about today's FUM figures out of Mag","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/05/06/magellan-share-price-rises-1-despite-april-funds-outflow/","is_publish_highlight":false,"gpt_icon":0},{"id":"2433946593","title":"BRIEF-Magellan Financial Says As At 30 April, Total FUM A$36.3 Bln","url":"https://stock-news.laohu8.com/highlight/detail?id=2433946593","media":"Reuters","top":-1,"share":"https://ttm.financial/m/news/2433946593?lang=en_us&edition=fundamental","pubTime":"2024-05-06 09:01","pubTimestamp":1714957273,"startTime":"0","endTime":"0","summary":"May 6 (Reuters) - Magellan Financial Group Ltd   :   * AS AT 30 APRIL, TOTAL FUM A$36.3 BILLIONFurther company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","market":null,"thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"gpt_icon":0},{"id":"2432980194","title":"Nomura, Mizhuho at risk of $100M loss from All Blue Capital's failed trades - report","url":"https://stock-news.laohu8.com/highlight/detail?id=2432980194","media":"seekingalpha","top":-1,"share":"https://ttm.financial/m/news/2432980194?lang=en_us&edition=fundamental","pubTime":"2024-05-03 01:00","pubTimestamp":1714669234,"startTime":"0","endTime":"0","summary":"Japanese banks Nomura Holdings  and Mizuho Financial Group  are potentially exposed to losses exceeding $100M due to a string of unsuccessful stock trades conducted by investment fund All Blue Capital, according to a Thursday media report. Led by trader Matt Novak, All Blue made a chain of failed short bets with several counterparties earlier in the year and was allegedly unable to settle such trades, Bloomberg reported, citing New York legal filings and people familiar with the matter. That left Nomura  -- which in 2021 suffered a nearly $3B loss after the collapse of Archegos Capital Management -- with a possible loss of 14B yen , the people added. Separately, Mizuho , which had also felt the pain of the Archegos meltdown, has claimed that Blue Owl owes it $19M, filings showed, Bloomberg reported. The magnitude of the potential losses prompts further scrutiny regarding the risk-management protocols employed by Japan's largest banks. Global financial behemoths have been urged to enhan","market":"fut","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1440055924/image_1440055924.jpg","type":0,"news_type":0,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1440055924/image_1440055924.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://seekingalpha.com/news/4098982-nomura-mizhuho-at-risk-of-100m-loss-from-all-blue-capitals-failed-trades-report","is_publish_highlight":false,"gpt_icon":0},{"id":"2431785872","title":"Where I'd invest $10,000 in dividend stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2431785872","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2431785872?lang=en_us&edition=fundamental","pubTime":"2024-04-30 07:58","pubTimestamp":1714435080,"startTime":"0","endTime":"0","summary":"Dividends can be a great source of passive income.  In fact, putting your savings to work by investing it in some high-quality ASX dividend shares is one of the easiest ways you can earn some extra mo","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/04/30/where-id-invest-10000-in-dividend-stocks/","is_publish_highlight":false,"gpt_icon":0},{"id":"2429148778","title":"3 ASX value traps I wouldn't buy for dividends right now","url":"https://stock-news.laohu8.com/highlight/detail?id=2429148778","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2429148778?lang=en_us&edition=fundamental","pubTime":"2024-04-24 01:30","pubTimestamp":1713893400,"startTime":"0","endTime":"0","summary":"Buying an ASX share and getting a fat dividend yield on your cash is one of the best parts of investing in the stock market. utilising not one, but two avenues of returns (share price growth and divid","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/04/24/3-asx-value-traps-i-wouldnt-buy-for-dividends-right-now/","is_publish_highlight":false,"gpt_icon":0},{"id":"2429954114","title":"Pleasing Signs As A Number Of Insiders Buy Magellan Financial Group Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2429954114","media":"Simply Wall St.","top":-1,"share":"https://ttm.financial/m/news/2429954114?lang=en_us&edition=fundamental","pubTime":"2024-04-22 06:18","pubTimestamp":1713737916,"startTime":"0","endTime":"0","summary":"It is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it happened in Magellan Financial Group Limited's  case, it's fantastic news for shareholders.While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.Check out our latest analysis for Magellan Financial Group. Magellan Financial Group Insider Transactions Over The Last Year. In the last twelve months, the biggest single purchase by an insider was when Executive Chairman Andrew Formica bought AU$250k worth of shares at a price of AU$6.24 per share. We do like to see buying, but this purchase was made at well below the current price of AU$8.72. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.Insiders At Magellan Financial Group Have Bought Stock Recently. I","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/6aUxsyZINKOU9.9KrHnBOA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/4470f143ba4f4c0e99553a639759c619","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/6aUxsyZINKOU9.9KrHnBOA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/4470f143ba4f4c0e99553a639759c619"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/pleasing-signs-number-insiders-buy-221836654.html","is_publish_highlight":false,"gpt_icon":0},{"id":"2425527459","title":"ASX 200 logs modest rebound, always believe in gold - the ASX gold rally is indestructible!","url":"https://stock-news.laohu8.com/highlight/detail?id=2425527459","media":"LiveWire","top":-1,"share":"https://ttm.financial/m/news/2425527459?lang=en_us&edition=fundamental","pubTime":"2024-04-08 16:25","pubTimestamp":1712564725,"startTime":"0","endTime":"0","summary":"The S&P/ASX 200  finished 15.8 points higher at 7,789.1, 0.25% from its session low and 0.16% from its high. In the broader-based S&P/ASX 300 , advancers beat decliners by 168 to 106.The Gold   sub-index was again the best performing sector today, likely in response to yet another record high set over the weekend. It's a case of extending winning ways for most of the stocks in the sector best performers table below.Also doing well today was the Information Technology   sector, but this was partly due to a surge in Life360   which provided a better than expected market update, and partly due to a rebound in US tech stocks on Friday. One could also argue it was due to the sector getting a bit belted last week, and therefore it was due for a bounce.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"livewire_stock","url":"https://www.livewiremarkets.com/wires/asx-200-logs-modest-rebound-always-believe-in-gold-the-asx-gold-rally-is-indestructible","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.livewiremarkets.com/wires/asx-200-logs-modest-rebound-always-believe-in-gold-the-asx-gold-rally-is-indestructible","is_publish_highlight":false,"gpt_icon":0},{"id":"2425606663","title":"Magellan's Outflows Moderate, Investment Performance Mixed -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2425606663","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2425606663?lang=en_us&edition=fundamental","pubTime":"2024-04-08 09:25","pubTimestamp":1712539500,"startTime":"0","endTime":"0","summary":"0125 GMT - Magellan's outflows continued to moderate during 3Q FY 2024 but investment performance remains mixed, say Macquarie analysts in a note. For 4Q the investment bank forecasts A$0.6 billion of retail outflows, with institutional outflows flat. For 3Q, retail outflows were A$0.5 billion. On performance, Macquarie says relative investment performance has been less volatile in recent periods, but the Global and Infrastructure funds remain below benchmarks. \"Magellan needs to deliver sustained periods of relative outperformance to improve its three- and five-year numbers to win over consultants, investors and advisers,\" Macquarie says. It raises the stock's target price by 5% to A$8.40. Magellan is up 1.1% at A$9.59. ","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2425620818","title":"5 things to watch no the ASX 200 on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=2425620818","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2425620818?lang=en_us&edition=fundamental","pubTime":"2024-04-08 04:42","pubTimestamp":1712522531,"startTime":"0","endTime":"0","summary":"On Friday, theS&P/ASX 200 Index ended the week deep in the red. The benchmark index fell 0.55% to 7,773.3 points. Will the market be able to bounce back from this on Monday?","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/04/08/5-things-to-watch-no-the-asx-200-on-monday/","is_publish_highlight":false,"gpt_icon":0},{"id":"2425301182","title":"BUZZ-Australia's Magellan Financial Group falls on drop in funds under management","url":"https://stock-news.laohu8.com/highlight/detail?id=2425301182","media":"Reuters","top":-1,"share":"https://ttm.financial/m/news/2425301182?lang=en_us&edition=fundamental","pubTime":"2024-04-05 11:23","pubTimestamp":1712287437,"startTime":"0","endTime":"0","summary":"** Shares of Magellan Financial Group    fall as much as 4% to A$9.460, their biggest intraday pct loss since Feb 27       ** Stock at its lowest since March 15   ** Asset manager says as at March 28, total funds under management stood at A$37.3 billion , compared to A$43.2 bln as at March 31 last year   ** Stock up ~6% YTD, as of last close ","market":null,"thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"gpt_icon":0},{"id":"2422930936","title":"ASX 200 in sight of record on cooler inflation, investors play defence as staples and healthcare stocks lead","url":"https://stock-news.laohu8.com/highlight/detail?id=2422930936","media":"LiveWire","top":-1,"share":"https://ttm.financial/m/news/2422930936?lang=en_us&edition=fundamental","pubTime":"2024-03-27 16:20","pubTimestamp":1711527606,"startTime":"0","endTime":"0","summary":"The S&P/ASX 200  finished 39.4 points higher at 7,819.6, 0.62% from its session low smack-bang on its session high. In the broader-based S&P/ASX 300 , advancers beat decliners by 161 to 113.The Consumer Staples   sector was the best performing sector today on the back of solid gains in sector leaders Woolworths Group   and Coles Group  , while animal feed and nutrition solutions company Ridley Corporation Ltd   and almond grower Select Harvests Ltd   topped the sector gainers list.Also doing well today was the other key defensive sector, Health Care , which gained +1.3%. The bulk of the sectors gains came from sector heavyweight CSL  , but there were several commendable performances including Resmed  , Ramsay Healthcare , and Pro Medicus  .Doing it tough for the second day today was the Information Technology   sector. They've largely followed US tech stocks for a second session.CSL has a habit of disappointing investors, then climbing that wall of disappointment. Importantly, the RMD ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"livewire_stock","url":"https://www.livewiremarkets.com/wires/asx-200-in-sight-of-record-on-cooler-inflation-investors-play-defence-as-staples-and-healthcare-stocks-lead","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.livewiremarkets.com/wires/asx-200-in-sight-of-record-on-cooler-inflation-investors-play-defence-as-staples-and-healthcare-stocks-lead","is_publish_highlight":false,"gpt_icon":0},{"id":"2422288615","title":"The BoJ’s receding uncertainty around policy could cause Japan stocks to catch up to U.S. stocks - Citi","url":"https://stock-news.laohu8.com/highlight/detail?id=2422288615","media":"seekingalpha","top":-1,"share":"https://ttm.financial/m/news/2422288615?lang=en_us&edition=fundamental","pubTime":"2024-03-26 00:16","pubTimestamp":1711383372,"startTime":"0","endTime":"0","summary":"Changes in the Bank of Japan’s monetary policy could cause Japanese equities (NKY:IND), (EWJ) to catch up with U.S. stocks (SP500) on a U.S. dollar basis, according to a Citi Research Macro Think Tank","market":"hk","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1497289564/image_1497289564.jpg","type":0,"news_type":0,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1497289564/image_1497289564.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://seekingalpha.com/news/4083365-the-bojs-receding-uncertainty-around-policy-could-cause-japan-stocks-to-catch-up-to-us-stocks-citi","is_publish_highlight":false,"gpt_icon":0},{"id":"2422588994","title":"Magellan Financial Group (ASX:MFG) earnings and shareholder returns have been trending downwards for the last three years, but the stock increases 7.8% this past week","url":"https://stock-news.laohu8.com/highlight/detail?id=2422588994","media":"Simply Wall St.","top":-1,"share":"https://ttm.financial/m/news/2422588994?lang=en_us&edition=fundamental","pubTime":"2024-03-25 06:00","pubTimestamp":1711317632,"startTime":"0","endTime":"0","summary":"Magellan Financial Group Limited  shareholders should be happy to see the share price up 20% in the last month. But that is meagre solace in the face of the shocking decline over three years. In that time the share price has melted like a snowball in the desert, down 77%. So we're relieved for long term holders to see a bit of uplift. Only time will tell if the company can sustain the turnaround.While the stock has risen 7.8% in the past week but long term shareholders are still in the red, let's see what the fundamentals can tell us.See our latest analysis for Magellan Financial Group. Magellan Financial Group saw its EPS decline at a compound rate of 20% per year, over the last three years. This reduction in EPS is slower than the 39% annual reduction in the share price. So it's likely that the EPS decline has disappointed the market, leaving investors hesitant to buy. The less favorable sentiment is reflected in its current P/E ratio of 9.20.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/6aUxsyZINKOU9.9KrHnBOA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/4470f143ba4f4c0e99553a639759c619","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/6aUxsyZINKOU9.9KrHnBOA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/4470f143ba4f4c0e99553a639759c619"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/magellan-financial-group-asx-mfg-220032420.html","is_publish_highlight":false,"gpt_icon":0},{"id":"2421008799","title":"What's hot and what’s not in growth, value, dividends and infrastructure","url":"https://stock-news.laohu8.com/highlight/detail?id=2421008799","media":"LiveWire","top":-1,"share":"https://ttm.financial/m/news/2421008799?lang=en_us&edition=fundamental","pubTime":"2024-03-22 06:34","pubTimestamp":1711060441,"startTime":"0","endTime":"0","summary":"Investment teams focusing on Australian and global equities, infrastructure, and alternatives provided insights on how their portfolios are positioned currently, at the recent 2024 Pinnacle Insights Series.Portfolio managers and senior investors from the following funds presented:. Large-cap global and Australian equities asset manager Hyperion Asset Management. They provided views on a wide range of topics including artificial intelligence , the Australian retail sector, dividend outlook, and private debt. We’ve summarised their insights below, including more than a dozen stocks – and even a few investors should consider avoiding.Hyperion: How we bought REA Group  for 84 cents. Six key qualities underpin the best Australian and international quality structural growth stocks in which Hyperion Asset Management invests, said investment specialist Jolon Knight at the recent 2024 Pinnacle Insights Series event.“We don't own miners, heavy industries, or producers. Many of these businesses a","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"livewire_stock","url":"https://www.livewiremarkets.com/wires/what-s-hot-and-what-s-not-in-growth-value-dividends-and-infrastructure","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.livewiremarkets.com/wires/what-s-hot-and-what-s-not-in-growth-value-dividends-and-infrastructure","is_publish_highlight":false,"gpt_icon":0},{"id":"2420226621","title":"Shares vs. property: Which Australian states and ASX stocks are delivering the best passive income?","url":"https://stock-news.laohu8.com/highlight/detail?id=2420226621","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2420226621?lang=en_us&edition=fundamental","pubTime":"2024-03-19 11:05","pubTimestamp":1710817501,"startTime":"0","endTime":"0","summary":"With shares vs. property, investors have more than 2,200 ASX stocks to choose from, and they are increasingly looking outside their own neighbourhoods for the best investment property opportunities.  With all these choices available, how do you decide which ASX stocks to buy?Or which Australian states and territories to consider for property investment?We ran a stock screener over the S&P/ASX 200 Index  on CommSec to determine which shares are offering the best passive income via the highest current dividend yields.  Remember, dividend yields can change dramatically year to year. So, you'll need to do much more research to see how reliable the passive income is from each of these stocks, if any appeal to you.  Here are the top 10 ASX 200 shares for current dividend yields, according to CommSec. Top 10 ASX 200 shares for passive income Current dividend yieldFortescue Ltd11.6%New Hope Corporation Ltd  8.3%Helia Group Ltd  8.1% Fletcher Building Ltd  8%Insignia Financial Ltd  7.8%Whitehav","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/03/19/shares-vs-property-which-australian-states-and-asx-stocks-are-delivering-the-best-passive-income/","is_publish_highlight":false,"gpt_icon":0},{"id":"2420503231","title":"Magellan Financial Group Limited's (ASX:MFG) Earnings Are Not Doing Enough For Some Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2420503231","media":"Simply Wall St.","top":-1,"share":"https://ttm.financial/m/news/2420503231?lang=en_us&edition=fundamental","pubTime":"2024-03-19 04:48","pubTimestamp":1710794923,"startTime":"0","endTime":"0","summary":"With a price-to-earnings (or \"P/E\") ratio of 8.6x Magellan Financial Group Limited ( ASX:MFG ) may be sending very...","market":"sg","thumbnail":"https://images.simplywall.st/asset/industry/7131000-choice1-main-header/1585186655666","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/7131000-choice1-main-header/1585186655666"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://simplywall.st/stocks/au/diversified-financials/asx-mfg/magellan-financial-group-shares/news/magellan-financial-group-limiteds-asxmfg-earnings-are-not-do","is_publish_highlight":false,"gpt_icon":0},{"id":"2419952989","title":"Aussie Asset Managers May Get Rate Boost, But Challenges Remain -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2419952989","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2419952989?lang=en_us&edition=fundamental","pubTime":"2024-03-15 06:54","pubTimestamp":1710456840,"startTime":"0","endTime":"0","summary":"2254 GMT - Australian asset managers are likely to continue to cede market share to passive options, says Morningstar analyst Shaun Ler in Morningstar's Industry Pulse report on listed asset managers for 1Q 2024. Ler notes that share prices of the ASX-listed asset managers fell for most of 2023, but broadly rebounded late in the year as the market anticipated lower interest rates and better fund flows. \"A stabilization in interest rates could boost investor risk appetite, enhancing fund flows and asset prices. However, this prospective recovery is cyclical, and structural challenges remain,\" Ler says. He adds that with an average price/fair value ratio of 0.78, Insignia and Perpetual offer the greatest relative value. \"We think the market underestimates flows and the potential value from cost cuts for both these firms,\" Ler says. ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0}],"profile":{"websiteUrl":"http://www.magellangroup.com.au","stockEarnings":[{"period":"1week","weight":-0.0206},{"period":"1month","weight":-0.098},{"period":"3month","weight":0.0026},{"period":"6month","weight":0.218},{"period":"1year","weight":0.1207},{"period":"ytd","weight":-0.0471}],"compareEarnings":[{"period":"1week","weight":0.0243},{"period":"1month","weight":0.0515},{"period":"3month","weight":0.1027},{"period":"6month","weight":0.1358},{"period":"1year","weight":0.1468},{"period":"ytd","weight":0.1193}],"compareStock":{"symbol":"F100.AU","name":"BETASHARES FTSE 100 ETF"},"description":"Magellan Financial Group Limited is a publicly owned investment manager. It invests in global equities and global listed infrastructure markets across the globe. Magellan Financial Group Limited founded in 2004 and is based in Sydney, Australia.","yearOnYearQuotes":[{"month":1,"riseRate":0.4,"avgChangeRate":-0.013944},{"month":2,"riseRate":0.6,"avgChangeRate":0.024447},{"month":3,"riseRate":0.4,"avgChangeRate":0.002119},{"month":4,"riseRate":0.45,"avgChangeRate":0.052037},{"month":5,"riseRate":0.473684,"avgChangeRate":-0.010177},{"month":6,"riseRate":0.736842,"avgChangeRate":0.052377},{"month":7,"riseRate":0.6,"avgChangeRate":0.014672},{"month":8,"riseRate":0.3,"avgChangeRate":0.021189},{"month":9,"riseRate":0.4,"avgChangeRate":0.016177},{"month":10,"riseRate":0.5,"avgChangeRate":0.027423},{"month":11,"riseRate":0.7,"avgChangeRate":0.041273},{"month":12,"riseRate":0.4,"avgChangeRate":-0.013409}],"exchange":"ASX","name":"MAGELLAN FINANCIAL GROUP LTD","nameEN":"MAGELLAN FINANCIAL GROUP LTD"},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"pagemeta":{"title":"MAGELLAN FINANCIAL GROUP LTD(MFG.AU),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community","description":"Find the latest MAGELLAN FINANCIAL GROUP LTD(MFG.AU) stock quote, history, news, and investing ideas from To The Moon - Tiger Brokers Online Investing Community to stay on top of the markets.","keywords":"MAGELLAN FINANCIAL GROUP LTD,MFG.AU,MAGELLAN FINANCIAL GROUP LTD股票,MAGELLAN FINANCIAL GROUP LTD股票老虎,MAGELLAN FINANCIAL GROUP LTD股票老虎国际,MAGELLAN FINANCIAL GROUP LTD行情,MAGELLAN FINANCIAL GROUP LTD股票行情,MAGELLAN FINANCIAL GROUP LTD股价,MAGELLAN FINANCIAL GROUP LTD股市,MAGELLAN FINANCIAL GROUP LTD股票价格,MAGELLAN FINANCIAL GROUP LTD股票交易,MAGELLAN FINANCIAL GROUP LTD股票购买,MAGELLAN FINANCIAL GROUP LTD股票实时行情,购买美股,购买港股,港股开户,美股开户,美股交易,港股交易,开通美港股账户,老虎国际行情","social":{"og_title":"MAGELLAN FINANCIAL GROUP LTD(MFG.AU),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community","og_description":"Find the latest MAGELLAN FINANCIAL GROUP LTD(MFG.AU) stock quote, history, news, and investing ideas from To The Moon - Tiger Brokers Online Investing Community to stay on top of the markets.","og_image":"https://community-static.tradeup.com/news/9b6dafd60190235ae8e2c95f52c583a0"}}}

Introduction