ASX Release – 23 January 2025 Insignia Financial 2Q25 Quarterly Business Update Overview • Funds Under Management and Administration (FUMA) increased by $7.2 billion (+2.2%) to $326.8 billion as at 31 December 2024 • Total net inflows for the quarter were $2.3 billion, driven by: o $564 million net inflows into MLC Expand o $577 million net inflows into retail Asset Management, and o $2.0 billion institutional net inflows into Asset Management o partly offset by outflows from Master Trust and legacy Wrap products • Successful IT separation of MLC from NAB achieved during the quarter • Vision2030: announced strategy to become Australia’s leading and most efficient wealth management company by 2030 • Plan to simplify and transform Master Trust business unveiled: initial agreement with SS&C Technologies
IFL Price at posting:
$4.43 Sentiment: Buy Disclosure: Held
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