FUM now up 14% since it bottomed at US$8.3b last July. It had already rebounded to $9b by Feb so these mandate wins just won must be around US$400m.
HFA was cheap but it had no FUM growth. Now FUM is growing there is an opportunity for the beautiful combination of earnings growth and PE expansion
Ann: March 2017 AUMA Update, page-2
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Last
$1.70 |
Change
0.020(1.19%) |
Mkt cap ! $833.1M | |||
| Open | High | Low | Value | Volume |
| $1.61 | $1.72 | $1.61 | $396.7K | 233.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 162 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 25915 | 1 |
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| NGI (ASX) Chart |