In an announcement, Magellan Financial (ASX:MFG) reported that it experienced net outflows of A$2.0 billion in September.
Additionally, the company reported that funds under management as of September 29 amounted to A$35.0 billion.
This represents a decrease from A$39.0 billion, the reported funds under management as of the end of August.
Magellan Financial (ASX:MFG) is a diversified financial group offering various financial products and services.