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Magellan Financial Group Ltd (ASX:MFG)

Diversified Financials

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Magellan Financial Group Ltd (ASX:MFG) is a funds management business that largely invests in international shares like Facebook and Visa. It was set up in 2006 by Hamish Douglass and Chris Mackay. Since inception, Magellan claims it has been one of the most consistent market outperformers after fees.

Magellan Financial Group Ltd (ASX:MFG) share price

Magellan Financial Group Ltd (ASX:MFG) share price news

asx 200 market report - morning with coffee
ASX Growth Shares
Drew Meredith, CFP

All Ords (XAO) flops, Tyro & Magellan (ASX:MFG) share prices dive

The All Ordinaries (ASX: XAO) and S&P/ASX 200 (INDEXASX: XJO) fell on Monday following a weak lead from global markets. The All Ords and ASX 200 opened the first week of June with a 0.5 per cent fall, pulled down by the likes of Magellan Financial Group Ltd (ASX: MFG) shares.

Today's ASX news
Drew Meredith, CFP

3 key investor takeaways from the week

The S&P/ASX 200 (ASX:XJO) delivered a 0.5% weekly loss, again outperforming US markets which fell by more than 2%. Here are my key takeaways.

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