Hub24 (ASX: HUB) is an Australian financial technology business that creates portfolio management and Superannuation software. You can think of Hub24’s software as a way to better manage investments in shares and other assets. HUB24 says it has a management team with decades of experience within the wealth management industry and in the development of platforms.
Despite record operating metrics and profit growth, the Netwealth Group Ltd (ASX: NWL) share price has fallen 5.75% to $14.10.
Four ways to analyse Netwealth Group (ASX: NWL) and Hub24 Ltd (ASX: HUB) shares are FUA, net inflows, market share and industry recognition.
Growing global outbreaks of the Delta strain have shaken markets but the S&P/ASX 200 (ASX: XJO) finished just 0.5% lower on Tuesday.
Wealth management disruptor HUB24 Ltd (ASX: HUB) has announced record funds under administration (FUA) and net inflows for FY21.
The S&P/ASX 200 (ASX:XJO) finished 0.3% higher on Wednesday, overcoming weakness in BNPL shares like Afterpay (ASX:APT) and Zip (ASX:Z1P).
Shares in wealth platform Netwealth Group (ASX: NWL) are up 2.12% to $16.35 after the company released its June quarter business update.
The S&P/ASX 200 (ASX: XJO) moved further from a record close on Tuesday. Challenger (ASX:CGF) and Latitude (ASX:LFS) shares are in the news.
The Hub24 Ltd (ASX:HUB) share price has fallen in reaction to the fintech’s quarterly update, despite the strong growth.
The ASX 200 (INDEXASX:XJO) is poised to rise at the open on Thursday. Zip Co Ltd (ASX:Z1P) and Suncorp Group (ASX:SUN) shares are making headlines.
