OneVue delivers record growth across the group
Managed fund administration FUA of $502.8b at the end of the quarter was up $13.7b on the previous quarter and up $75.4b on the prior corresponding quarter (pcp).
Items processed in the quarter were up 9% on the previous quarter and up 57% on pcp.
The team added 21 new funds in the quarter taking the total number of funds now administered to 631 funds on behalf of 38 fund managers.
Superannuation member administration FUA at 30 September 2017 reached $2.06b, an increase of 5% ($99m) on the previous quarter, with growth on pcp of 160% ($1.3b). Member numbers were up on the previous quarter and are up 173% on pcp with 22 funds and 90,345 members now being administered.
Platform Services FUA grew to a record $4.25b at 30 September 2017, up 5.8% ($232m) on the previous quarter.
Gross quarterly inflows from new and existing clients of $515m were up $164m or 47% on the previous quarter and up 68% on pcp, further building on the strong momentum and taking inflows to over $1.4b for the last 12 months. Net inflows for the quarter of $307m were up $153m or 100% on the previous quarter.
Funds under trusteeship (FUT) at 30 September 2017 closed at $9.7b, up 3% ($282m) on the previous quarter, with growth in assets of existing and new clients. Funds now total 37 and have grown by $1.2b or 15% over pcp.
For further information, contact:
+61 403 609 965
Chief Financial Officer & Company Secretary
+61 8823 2550
About OneVue Holdings Limited (ASX: OVH)
OneVue is an ASX listed fintech company that partners to disrupt across the superannuation value chain. The business operates through three core divisions: Fund Services, Platform Services and Trustee Services.
OneVue is the #1 in Fund Services unit registry and #1 in Superannuation Trustee Services and Platform Services was recognised in Investment Trends’ in December 2016 Platform Competitive Analysis and Benchmarking Report as ranking 3rd in Online Client Portal technology and received the Platform Excellence Award for “Most New Developments”.
For further information, please visit:www.onevue.com.au
OneVue Holdings Limited | ABN 15 108 221 870 PO BOX R713, Royal Exchange NSW 1225
Level 5, 10 Spring Street, Sydney NSW 2000
P 1300 219 787 | F +61 2 8022 7448 | email@example.com
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