Hub24 releases quarterly business update

Company News


Hub24 Limited (ASX:HUB) has announced record net inflows of $363 million into its investment and superannuation platform for the third quarter of the 2016 financial year. 
 
The growth represents an increase of 123 per cent over the corresponding period.
 
Other highlights include a new white label partnership with Lifespan Financial Planning and 7 new distribution agreements with licensees signed within the quarter.
 
As of 31 March, the company had a total of $2.7 billion of funds under administration.
 
Hub24 reported a net loss of $1.82 million at December 31st 2015

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