Hub24's Platform Net Inflows Up 39% in Fiscal Q3

MT Newswires Live

2025/04/15

HUB24 (ASX:HUB) platform net inflows rose 39% year on year to AU$4.9 billion in the fiscal third quarter ended March 31, according to a Tuesday filing with the Australian bourse.

This included AU$1.3 billion of large migrations from ClearView WealthFoundations, per the filing.

Funds under administration (FUA) rose 24% to AU$124.1 billion as of March 31, with Platform FUA reporting a 29% increase and Portfolio, Administration, and Reporting Services FUA logging a 6% increase.

Hub24 expects to migrate about AU$900 million of the equity trustees in the fiscal fourth quarter, the filing stated.

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