MA Financial Group Limited (AU:MAF) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
MA Financial Group Limited reported impressive growth in its third-quarter 2024 update, with a record $1.6 billion in gross fund inflows, marking a 25% increase from the previous year. The group’s assets under management rose to $9.9 billion, while its mortgage platform Finsure saw a significant expansion in managed loans to $128 billion. Despite a challenging macroeconomic environment, MA Financial continues to experience positive business momentum and is investing in future growth initiatives.
For further insights into AU:MAF stock, check out TipRanks’ Stock Analysis page.