Hub24
(ASX:HUB), a financial services company, has reported quarterly retail gross inflows of $496 million in the September quarter. The company says this is a 25% increase compared to the same period last year.
Hub24 also says this resulted in its retail Funds Under Administration totalling $3.77 billion at the end of the quarter.
In addition, the company announced that it signed 17 new distribution agreements with
31 new advisers who are using the Hub24 platform
Hub24 also says it won the Fast Mover award at the 2016 Super Ratings Fund of the Year Awards.
Hub24 posted a net loss of $1.2 million at 30 June 2016.
