Well net flow is up for the quarter by 0.7% - that is acceptable, but not fantastic. The quality is very good however and the weighted margin on that net flow should be higher than the preceding two quarters were individually, and 25% higher than the previous two on ave roughly. However prior to that the Jun q was a ripper for the net flow weighted margin, with nearly double this quarters. Not sure if that context helps.
I bought some for a quick trade. I liked the reminder about the ANZ indemnity. IOOF and Macquarie are not being called to front the royal commission, so I suspect the ANZ issue is what is hitting IFL the most right now. IFL might be able to get their ship in order out of the public eye, if there are similar problems to AMP or others there.
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