Magellan said its FUM was $1.093 billion as at 30 April, compared with $939 million as at 31 March.
"In April, Magellan experienced net inflows of $161 million, including $16 million into the Magellan Global Fund and $143 million under wholesale mandates," it said in a statement to the Australian Securities Exchange.
"Wholesale mandates have materially lower fees than the average fees of other Magellan products."
The company's products include the Magellan Global Fund, Magellan Infrastructure Fund and Magellan Flagship Fund.
==
==
