IOOF Holdings Reported September Quarter Update

  • Oct 24, 2019 AEDT
  • Team Kalkine

IOOF Holdings Limited (ASX: IFL) has reported the Funds under Management, Advice and Administration (FUMA) for the quarter ended 30 September 2019. FUMA was $142.7 billion as at 30 September 2019, representing an increase of 3.1% or $4.2 billion compared to 30 June 2019.

  • Portfolio & Estate Administration witnessed a net inflow of $396 million.
  • Financial Advice witnessed $33 million in net inflow.
  • Investment Management witnessed a net outflow of $166 million.

By 1:10 PM AEST, IFL was trading at $7.69, up by 1.98% relative to its last close.


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