Morningstar cuts fair value estimate for MagellanBY ELIZABETH MCARTHUR | TUESDAY, 21 DEC 2021 12:28PMMorningstar cut its fair value estimate for narrow-moat Magellan Financial Group by 25% to $38 per share, after the fund manager lost a major mandate.
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Darryl Johnson was conned into running by a manager 15 years ago. Little did Johnson know, running would soon become his life's passion, and the lessons learnt from training and competing in ultramarathons would set him up for success in the finance world. Chloe Walker writes.