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Company News Summary

IOOF Holdings Provides Q1 FY 2022 Update

28 Oct 2021  |  08:32:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: IOOF Q1 FY2022 update

IOOF Holdings provided quarterly update covering the three months ended 30 September 2021 (Q1 FY 2022), a period that saw continued growth in Company's funds under management and administration (FUMA). As at the end of September, the Company maintained active advice services relationships with 1,883 financial advisers, slightly lower than the numbers at the end of June 2021. Funds under Management (FUM) increased to $98.3bn over the quarter. Investment gains of $2.0bn was partially offset by a net outflow of $1.4bn.

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