HUB24's (ASX:HUB) platform net inflows rose 7% year on year to AU$5.3 billion in the fiscal fourth quarter ended June 30, according to a Tuesday filing with the Australian bourse.
This included AU$1.2 billion of large migrations from equity trustees, per the filing.
Funds under administration (FUA) rose 30% to AU$136.4 billion as of June 30, with Platform FUA reporting a 34% increase to AU$112.7 billion and Portfolio, Administration, and Reporting Services FUA logging a 16% increase to AU$23.7 billion.
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