A$ million | 30 Dec 2016 | 30 Nov 2016 | |
Retail | 13,650 | 13,083 | |
Institutional | |||
- Australia/NZ | 4,617 | 4,454 | |
- North America | 10,117 | 10,214 | |
- Rest of World | 18,131 | 17,114 | |
32,865 | 31,782 | ||
Total FUM | 46,515 | 44,865 | |
Global Equities | |||
- Australia/NZ | 15,548 | 14,958 | |
- International | 23,963 | 23,127 | |
39,511 | 38,085 | ||
Infrastructure Equities | 7,004 | 6,780 | |
Institutional FUM (%) | |||
- Active | 87% | 87% | |
- Enhanced Beta | 13% | 13% |
In December, Magellan experienced net inflows of $115 million, which included net retail inflows into Global Equities strategies of $92 million, net retail inflows into Infrastructure Equities of $34 million, and net institutional outflows of $11 million.
Magellan is entitled to performance fees of approximately $3.5 million for the six months ended 31 December 2016. Performance fees (if any) may fluctuate significantly from period to period.
9 January 20171 Funds under management and estimated performance fees are approximate and rounded, and have not been audited.
Magellan Financial Group Limited published this content on 09 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 08 January 2017 22:57:07 UTC.
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