HUB24
(ASX:HUB) has etched record inflows for the fourth quarter of the 2017 financial year, taking its Funds Under Advice (FUA) to $5.5 billion.
The investment and superannuation platform saw net inflows of $841 million in the fourth quarter, which propelled its FUA to be 66 per cent higher for the year.
HUB24 says 21 new licensees signed distribution agreements with the company, and 115 new advisers were introduced to the platform in the quarter.
The company also added a feather to its cap, launching 21 new managed funds and 104 managed funds onto its platform.
Shares in HUB24
(ASX:HUB) are trading 5.06 per cent higher to $6.65.
