Netwealth’s (ASX:NWL) funds under administration grows to $38.8 billion

  • Home
  • Company News
  • Netwealth’s (ASX:NWL) funds under administration grows to $38.8 billion
21Jan

Netwealth’s (ASX:NWL) funds under administration grows to $38.8 billion

 

Netwealth's (ASX:NWL) funds under administration grew 14 per cent in the December quarter to $38.8 billion up 36.1 per cent to the prior corresponding period.

The expected FY2021 funds under administration net inflows have increased from their previous announcement from $8.0 billion to the range of $8.5 billion to $9.0 billion.

Founding Chair of all Netwealth companies Jane Tongs has decided to retire after twenty years. Tim Antonie has been appointed as the new Chairman.

Shares in Netwealth's (ASX:NWL) are trading 10.8 per cent higher at $17.58
Copyright 2021 – Finance News Network


Source: Finance News Network

Share this post

Related Posts

18May

Mainstream Group Holdings (ASX:MAI) enters into agreement with Pendal Group (ASX:PDL)

18 May 2020 - Mainstream Group Holdings (ASX:MAI) has announced that Pendal Group (ASX:PDL) has entered into a five plus five year agreement with Mainstream’s Australian business to provide outsourced registry services.

Read More
30Mar

Macmahon Holdings (ASX:MAH) selected to provide services to Anglo American’s mine

30 Mar 2021 - Macmahon Holdings (ASX:MAH) has been selected to provide surface mining services for Anglo American’s Dawson Mine in Queensland at the Dawson South operations, from July 2021.

Read More
06Oct

Stocks of the Hour: Haranga Resources, Green Technology Metals, Talga Group

06 Oct 2023 - A snapshot of the stocks on the move, featuring Haranga Resources (ASX:HAR), Green Technology Metals (ASX:GT1) and Talga Group Ltd (ASX:TLG).

Read More
17Mar

Cochlear (ASX:COH) loses US$268 million appeal

17 Mar 2020 - Cochlear (ASX:COH) today announced that the United States Court of Appeals for the Federal Circuit in Washington, DC has affirmed the US District Court award of US$268 million in patent infringement damages against Cochlear and its US subsidiary Cochlear Americas.

Read More
04Oct

Stocks of the Hour: Platina Resources, Solstice Minerals, AdAlta

04 Oct 2024 - A snapshot of the stocks on the move, featuring Platina Resources (ASX:PGM), Solstice Minerals (ASX:SLS) and AdAlta (ASX:1AD).

Read More
24Jul

Vicinity Centres (ASX:VCX) takes $1.79 billion hit

24 Jul 2020 - Vicinity Centres (ASX:VCX), which operates its flagship Chadstone shopping centre in Melbourne, announced a fall of 11.3 per cent in its portfolio net value in the six months to June 30, reducing its portfolio’s value by $1.79 billion to $14.1 billion.

Read More
23Sep

CBA issues $100 million worth of subordinated notes

23 Sep 2019 - The Commonwealth Bank (ASX:CBA) has today announced it will issue AUD 100 million worth of subordinated notes.

Read More
22Jul

Atlas Arteria (ASX:ALX) report fall in toll revenue and traffic

22 Jul 2020 - Private toll road operator Atlas Arteria (ASX:ALX) report traffic and revenue recovered materially as the second quarter of 2020 progressed particularly in France and Germany.

Read More
28Feb

Stocks of the Hour: Beston Global Food Company, TerraCom, Metals Australia

28 Feb 2023 - A snapshot of the stocks on the move featuring Beston Global Food Company (ASX:BFC), TerraCom (ASX:TER) and Metals Australia (ASX:MLS).

Read More
31Jul

Origin Energy (ASX:ORG) demand declines during Covid-19

31 Jul 2020 - Origin Energy (ASX:ORG) reports a 3% drop in production for the June quarter due to lower demand as a result of the Covid-19 pandemic, seeing an overall decline of 5% in its full-year revenue.

Read More