Magellan ( $Magellan Financial Group Ltd (MFG.AU)$ ) has bee...

Magellan ( $Magellan Financial Group Ltd (MFG.AU)$ ) has been up more than 7 per cent after announcing its FY24 results and a strategic partnership with Vinva Investments. Statutory profit was up 31% year over year to $239 million, and the company declared a dividend of 35.7 cents per share.