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Managed Accounts Announces June 2018 Quarterly Business Update


- 2018 EBITDA expected to be in the upper range of the 2018 EBITDA guidance

- Merger integration process on track and merger synergies largely realised against plan

- Combined group gross inflows exceeding $486.2m and net inflows of $56.7m for the quarter ended 30 June 2018

- Combined group Funds under Administration (FUA) as at 30 June 2018 was $13.09 billion

- Appointment of Chief Financial Officer complete

- Wrap strategy execution on track

- Expanded footprint in Distribution with South Australia based Business Development Manager

- MGP Finalist at the IMAP Managed Accounts Awards in the Innovation category

Managed Accounts Holdings Limited (ASX:MGP or the Company) one of Australia’s leading managed account and investment administrators, provides an update on the Company’s activities and business for the three months ending 30 June 2018.

To view Update please download PDF attached:
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