Insignia Financial Ltd (AU:IFL) has released an update.
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Insignia Financial Ltd reported a 2.7% rise in Funds Under Management and Administration (FUMA) to $319.6 billion, despite facing $1 billion in net outflows due to institutional rebalancing. The company saw strong growth in its MLC Expand platform and multi-asset offerings, hitting significant milestones in managed accounts and product reach. With strategic initiatives in place, Insignia remains focused on growth and efficiency for FY25.
For further insights into AU:IFL stock, check out TipRanks’ Stock Analysis page.
