FinTech
Netwealth boosts profit, FUA
The platform provider posted a 34.5% increase in statutory profit and a $4.5 billion rise in funds under administration in its half-year results. Netwealth's statutory profit reached $27.6 million and funds under administration grew to $38.8 billion while funds under management grew $1.5 billion to $9.3 billion. Managed account inflows…
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