Magellan Financial Group reported funds under management (FUM) remained unchanged in October at $38 billion.
In a monthly update to the ASX, the fund manager said FUM was flat at $38 billion in October, unchanged from September.
This was divided between $15.7 billion in retail assets and $22.3 billion in institutional assets.
The firm said net outflows were $0.3 billion during the month,…
