Hi Madamswer
What was your take on the release today? I had expected net inflows to be roughly flat. In your opinion is 50 basis points of inflow for a funds management business statistically significant? I guess that would annualise 2% which seems attractive when coupled with (hopefully) growth in listed prices of their portfolios.
The advice arm seemed to take the lion's share of this proportionally (up by over 1% in the quarter) and I imagine they are higher margin and in some cases clipping the ticket twice (advice and platform fee)? When I say margin I should clarify what I mean in that the advice takes a higher % fee than the platform.
My take was mildly positive - would be great to hear your view.
Thanks
Andrew
Hi Madamswer What was your take on the release today? I had...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IFL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.12 |
Change
-0.015(0.48%) |
Mkt cap ! $1.703B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.14 | $3.06 | $1.978M | 635.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 44012 | $3.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 8936 | 13 |
View Market Depth
| Last trade - 12.40pm 04/12/2024 (20 minute delay) ? |
| IFL (ASX) Chart |
