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Magellan’s Strategic Partnerships Fuel 202% Income Surge in FY25
8:28pm on Friday 29th of August, 2025 AEST
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Financial Services
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Magellan’s Strategic Partnerships Fuel 202% Income Surge in FY25
8:28pm on Friday 29th of August, 2025 AEST
Key Points
Assets under management grew 8.2% to $39.6 billion
Operating profit increased 5.4% to $159.7 million
Strategic partnership income soared 202% to $31.1 million
Investment management revenue declined 12% due to fee pressure
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