# Magellan Financial Group

> Financial company

**Wikidata**: [Q106301368](https://www.wikidata.org/wiki/Q106301368)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Magellan_Financial_Group)  
**Source**: https://4ort.xyz/entity/magellan-financial-group

## Summary
Magellan Financial Group is an Australian asset management company that operates as a publicly traded entity on the Australian Securities Exchange (ASX) under the ticker symbol MFG. Founded in 2006, the company manages billions in assets, overseeing approximately A$37.5 billion as of early 2025. It is formally known as Magellan Financial Group Limited and is characterized by its dual status as a specialized fund manager and a listed corporation subject to public market regulations.

## Key Facts
*   **Official Name:** Magellan Financial Group Limited.
*   **Entity Type:** Public company and asset management company.
*   **Inception:** 2006.
*   **Listing:** Listed on the Australian Securities Exchange (ASX) with the ticker symbol **MFG**; listing records indicate a start time of July 1, 2004.
*   **ISIN:** AU000000MFG4.
*   **Website:** https://www.magellangroup.com.au/
*   **Market Capitalization:** A$6.44 billion (as of Nov 18, 2021); A$1.76 billion (as of Feb 14, 2025).
*   **Recent Financials (FY2024):** Statutory net profit after tax of A$238,759,000 for the year ending June 30, 2024.
*   **Assets Under Management (AUM):** A$39.1 billion (as of Jan 31, 2025); A$37.5 billion (as of Mar 31, 2025).

## FAQs
**What type of company is Magellan Financial Group?**
Magellan Financial Group is a publicly listed asset management company. As a public company, it offers its securities for sale to the general public on the Australian Securities Exchange, distinguishing it from a private firm.

**How has the company's Assets Under Management (AUM) performed recently?**
The company's AUM has fluctuated significantly, peaking at over A$113 billion in mid-2021 before declining to roughly A$37.5 billion by March 2025.

**What were the profit figures for the most recent fiscal year?**
For the fiscal year ending June 30, 2024, Magellan reported a statutory net profit after tax of approximately A$238.7 million and a cash net profit after tax of approximately A$177.8 million.

**Where is Magellan Financial Group traded?**
The company is traded on the Australian Securities Exchange (ASX) under the symbol MFG.

## Why It Matters
Magellan Financial Group serves as a prominent example of a specialized asset manager transitioning into a public company, exposing its performance directly to market forces and public shareholders. Its history illustrates the volatility inherent in the funds management industry, where metrics like AUM and market capitalization can shift rapidly—dropping from a market cap of over A$6 billion in late 2021 to under A$2 billion by early 2025. As a public entity, it adheres to strict regulatory disclosure standards, providing transparency into the financial health of a major player in the global investment sector.

## Notable For
*   Managing a substantial portfolio of global equities and infrastructure assets, with AUM historically exceeding A$100 billion.
*   Significant fluctuations in market valuation, reflecting the sensitivity of asset managers to market performance and fund flows.
*   Operating under the distinct legal and reporting framework of a "public company," which requires adherence to statutory reporting standards distinct from private firms.
*   Reporting dual profit metrics—Statutory Net Profit After Tax (NPAT) and Cash NPAT—to provide clarity on underlying business performance versus accounting adjustments.

## Body

### Corporate Structure and Classification
Magellan Financial Group is formally registered as **Magellan Financial Group Limited**. It is classified as both a **public company** and an **asset management company**.

As a public company, it functions as a corporation that offers its securities for sale to the general public. This structure allows the company to raise capital from a wide pool of investors and is characterized by shares traded openly on a public market. This distinguishes it from a private company or a government-owned "public enterprise." Key identifiers include:
*   **ISIN:** AU000000MFG4
*   **Freebase ID:** /m/0cqgnnm
*   **Ticker:** MFG

### Listing and Valuation
The group is listed on the **Australian Securities Exchange (ASX)**. While the entity's inception is recorded as **2006**, stock exchange data indicates a listing start time of **July 1, 2004**.

The company's market capitalization has seen considerable variance:
*   **November 18, 2021:** A$6,441,246,770
*   **February 14, 2025:** A$1,758,871,826

### Financial Performance
Magellan reports its annual financial results ending June 30, distinguishing between **Statutory Net Profit After Tax** and **Cash Net Profit After Tax**.

**Recent Performance:**
*   **FY 2024:** Statutory NPAT of A$238,759,000; Cash NPAT of A$177,865,000.
*   **FY 2023:** Statutory NPAT of A$182,655,000; Cash NPAT of A$174,310,000.

**Historical Performance (Statutory NPAT):**
*   **FY 2022:** A$383,011,000
*   **FY 2021:** A$265,156,000
*   **FY 2020:** A$396,214,000
*   **FY 2019:** A$376,947,000
*   **FY 2018:** A$211,791,000
*   **FY 2017:** A$196,225,000
*   **FY 2016:** A$198,357,000
*   **FY 2015:** A$174,295,000

### Assets Under Management (AUM)
The assets managed by the group have trended downward from a peak in 2021 to recent lows in 2025.

*   **March 31, 2025:** A$37,500,000,000
*   **January 31, 2025:** A$39,100,000,000
*   **December 31, 2024:** A$38,600,000,000
*   **June 30, 2024:** A$36,630,000,000
*   **June 30, 2023:** A$39,693,000,000
*   **June 30, 2022:** A$61,291,000,000
*   **June 30, 2021:** A$113,902,000,000 (Peak)
*   **June 30, 2020:** A$97,184,000,000
*   **June 30, 2019:** A$86,718,000,000
*   **June 30, 2018:** A$69,509,000,000
*   **June 30, 2017:** A$50,597,000,000
*   **June 30, 2016:** A$40,495,000,000

## References

1. [Source](https://www2.asx.com.au/markets/trade-our-cash-market/directory)
2. [Source](https://www.isin.org/isin-preview/?isin=AU000000MFG4)
3. [Source](https://www.asx.com.au/markets/company/mfg)
4. [Source](https://www.magellangroup.com.au/shareholder-centre/reports-asx-releases/magellan-financial-group-annual-reports/annual-report-2024/)
5. [Source](https://www.magellangroup.com.au/shareholder-centre/reports-asx-releases/magellan-financial-group-annual-reports/annual-report-2019/)
6. [Source](https://magellanam.factsetdigitalsolutions.com/news/pdf?i=4b58a980a861ac4f)
7. [Source](https://magellanam.factsetdigitalsolutions.com/news/pdf?i=46d0564b8a0fd186)
8. [Source](https://www.magellangroup.com.au/shareholder-centre/reports-asx-releases/magellan-financial-group-annual-reports/annual-report-2020/)
9. [Source](https://magellanam.factsetdigitalsolutions.com/news/pdf?i=04a88d1f272d10b4)