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HUB24 Limited ( (AU:HUB) ) has provided an update.
HUB24 Limited reported record quarterly net inflows of $5.5 billion for Q2 FY25, driven by strong equity markets and strategic migrations from Equity Trustees. Total Funds Under Administration (FUA) reached $120.9 billion, highlighting HUB24’s market leadership and growth trajectory. The company is positioned to meet its FY26 Platform FUA target, leveraging new distribution agreements and the selection of HUB24 Super as the successor fund for ClearView WealthFoundations.
More about HUB24 Limited
HUB24 Limited operates in the financial services industry, providing investment and superannuation platform solutions. The company focuses on offering custodial and non-custodial administration services, facilitating enhanced customer experience with innovative reporting capabilities.
YTD Price Performance: -6.67%
Average Trading Volume: 104
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €3.2B
For detailed information about HUB stock, go to TipRanks’ Stock Analysis page.