Magellan Financial Group Ltd
MFG: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| A$3.40 | Hncsz | Ydbswjtfs |
Magellan Observing Some Green Shoots, but Road to Recovery Remains Challenged
Business Strategy and Outlook
Magellan Financial Group is an active manager of listed equities and infrastructure. The firm historically had considerable success in growing funds under management, owing to its record of outperformance all the way from 2008 to 2019, product expansion initiatives, and strong distribution capabilities. Excess cash is invested in funds, listed shares, and unlisted investments under its principal investments segment.